Insider Selling: Sanmina (NASDAQ:SANM) Director Sells 26,565 Shares of Stock

Sanmina Corporation (NASDAQ:SANM) Director Joseph Licata, Jr. sold 26,565 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the transaction, the director owned 27,809 shares in the company, valued at $5,868,533.27. The trade was a 48.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Sanmina Trading Up 2.5%

NASDAQ SANM traded up $5.45 during trading on Friday, hitting $223.27. The stock had a trading volume of 809,725 shares, compared to its average volume of 842,998. Sanmina Corporation has a one year low of $77.35 and a one year high of $230.56. The stock has a 50 day simple moving average of $147.92 and a 200 day simple moving average of $151.46. The stock has a market capitalization of $11.97 billion, a price-to-earnings ratio of 47.20, a P/E/G ratio of 0.86 and a beta of 1.05. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.04 and a current ratio of 1.71.

Sanmina (NASDAQ:SANM) last released its earnings results on Monday, April 27th. The electronics maker reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.74. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The firm had revenue of $4.01 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the prior year, the firm posted $1.16 earnings per share. The company’s quarterly revenue was up 102.3% on a year-over-year basis. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. Sell-side analysts predict that Sanmina Corporation will post 8.69 earnings per share for the current year.

Hedge Funds Weigh In On Sanmina

Several institutional investors have recently made changes to their positions in SANM. Optiver Holding B.V. raised its holdings in shares of Sanmina by 36.6% in the third quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 59 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Sanmina during the 3rd quarter worth about $26,000. Employees Retirement System of Texas bought a new position in Sanmina during the 4th quarter worth about $39,000. Root Financial Partners LLC purchased a new position in Sanmina during the 3rd quarter valued at about $34,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Sanmina by 182.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock valued at $51,000 after purchasing an additional 219 shares in the last quarter. Hedge funds and other institutional investors own 92.71% of the company’s stock.

Sanmina News Roundup

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Zacks upgraded SANM to a Zacks Rank #1 (Strong Buy), signaling near‑term optimism around the company’s earnings trajectory — a blunt catalyst for momentum buyers and funds that follow Zacks rankings. What Makes Sanmina (SANM) a New Strong Buy Stock
• Positive Sentiment: Zacks also added SANM to its list of new Strong Buy additions for May 1 — reinforcing the upgrade and increasing the chance of inflows from rank-driven investors. New Strong Buy Stocks for May 1st
• Positive Sentiment: Sidoti raised multiple near‑term and FY EPS estimates (FY2026 and FY2027 raised, Q1–Q4 cadence nudged higher), implying analysts expect stronger earnings power going forward — supportive for valuation expansion. Sidoti estimate changes (MarketBeat summary)
• Positive Sentiment: A Yahoo Finance deep dive highlights demand from ZT systems integration and AI-related end markets as key drivers for SANM’s Q2 strength — a structural growth story that investors tend to reward. SANM Q2 Deep Dive: ZT Systems Integration and AI Demand Propel Sanmina’s Growth
• Positive Sentiment: Seeking Alpha notes Sanmina’s solid Q2 beat and argues the stock still looks reasonably valued versus FY26 estimates — narrative that can attract value and event‑driven buyers. Sanmina: Solid Q2 Beat, Stock Remains A Bargain
• Neutral Sentiment: Zacks style-score pieces (growth/value/momentum) highlight that SANM scores well across styles — useful context for different investor types but less of an immediate price catalyst than upgrades or estimate changes. Here’s Why Sanmina (SANM) is a Strong Growth Stock Why Sanmina (SANM) is a Top Value Stock for the Long-Term

Wall Street Analyst Weigh In

Several analysts have recently weighed in on SANM shares. Weiss Ratings upgraded Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. JPMorgan Chase & Co. initiated coverage on shares of Sanmina in a report on Monday, March 30th. They issued a “neutral” rating and a $145.00 price target on the stock. Argus lifted their price objective on shares of Sanmina to $200.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Zacks Research cut shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Finally, Susquehanna started coverage on shares of Sanmina in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $150.00.

About Sanmina

Sanmina Corporation is a leading global electronics manufacturing services (EMS) provider specializing in the design, production and end-to-end supply chain solutions for complex electronic products. Founded in 1980, the company has built a reputation for delivering high-reliability manufacturing across a wide range of industries, including communications, computing, aerospace and defense, medical, automotive and industrial sectors.

Sanmina’s core offerings encompass product design and engineering support, precision PCB fabrication and assembly, system integration, testing, and final system deployment.