William Blair Investment Management LLC Has $34.42 Million Stake in Sanmina Corporation $SANM

William Blair Investment Management LLC decreased its stake in Sanmina Corporation (NASDAQ:SANM) by 29.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 229,362 shares of the electronics maker’s stock after selling 94,656 shares during the period. William Blair Investment Management LLC’s holdings in Sanmina were worth $34,420,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Optiver Holding B.V. lifted its stake in 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 buying an additional 59 shares during the period. Park Avenue Securities LLC lifted its stake in Sanmina by 2.1% in the fourth quarter. Park Avenue Securities LLC now owns 3,248 shares of the electronics maker’s stock valued at $487,000 after buying an additional 68 shares during the period. Vise Technologies Inc. lifted its stake in Sanmina by 2.0% in the third quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock valued at $417,000 after buying an additional 71 shares during the period. Jones Financial Companies Lllp lifted its stake in Sanmina by 7.7% in the third quarter. Jones Financial Companies Lllp now owns 1,127 shares of the electronics maker’s stock valued at $129,000 after buying an additional 81 shares during the period. Finally, Allworth Financial LP lifted its stake in Sanmina by 1.4% in the third quarter. Allworth Financial LP now owns 5,795 shares of the electronics maker’s stock valued at $667,000 after buying an additional 81 shares during the period. Institutional investors and hedge funds own 92.71% of the company’s stock.

Sanmina Price Performance

Shares of Sanmina stock opened at $246.44 on Monday. Sanmina Corporation has a 1 year low of $82.45 and a 1 year high of $255.21. The business has a 50-day moving average of $174.36 and a two-hundred day moving average of $161.93. The company has a market capitalization of $13.21 billion, a P/E ratio of 52.10, a price-to-earnings-growth ratio of 0.95 and a beta of 1.51. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.71 and a quick ratio of 1.03.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings results on Monday, April 27th. The electronics maker reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.74. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The company had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the prior year, the company earned $1.16 earnings per share. The company’s revenue for the quarter was up 102.3% compared to the same quarter last year. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. As a group, equities analysts predict that Sanmina Corporation will post 9.36 EPS for the current year.

Analyst Upgrades and Downgrades

SANM has been the topic of several analyst reports. Argus increased their target price on Sanmina to $200.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Wall Street Zen lowered Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings lowered Sanmina from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 13th. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Finally, Susquehanna assumed coverage on Sanmina in a report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Sanmina currently has an average rating of “Moderate Buy” and an average price target of $150.00.

Insider Buying and Selling

In related news, Director David V. Hedley III sold 500 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $219.52, for a total transaction of $109,760.00. Following the completion of the transaction, the director directly owned 7,376 shares in the company, valued at approximately $1,619,179.52. This trade represents a 6.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jure Sola sold 118,368 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $228.84, for a total value of $27,087,333.12. Following the transaction, the chief executive officer owned 1,227,573 shares of the company’s stock, valued at approximately $280,917,805.32. The trade was a 8.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 157,532 shares of company stock valued at $34,792,428. 3.10% of the stock is owned by company insiders.

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.