Sanmina (NASDAQ:SANM) Trading Down 4.1% – Time to Sell?

Sanmina Corporation (NASDAQ:SANM)’s stock price was down 4.1% on Monday . The company traded as low as $118.10 and last traded at $120.0540. Approximately 342,879 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 838,420 shares. The stock had previously closed at $125.20.

Analyst Upgrades and Downgrades

SANM has been the subject of several recent analyst reports. Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Finally, Argus increased their price objective on Sanmina to $200.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $160.00.

Sanmina Price Performance

The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.04. The stock has a fifty day moving average of $151.58 and a 200 day moving average of $144.14. The stock has a market cap of $6.75 billion, a price-to-earnings ratio of 29.37, a P/E/G ratio of 0.57 and a beta of 1.01.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.15 by $0.23. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The firm’s revenue for the quarter was up 59.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.16 earnings per share. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. On average, analysts expect that Sanmina Corporation will post 5.15 EPS for the current fiscal year.

Insider Buying and Selling at Sanmina

In related news, CFO Jonathan P. Faust sold 10,075 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $159.30, for a total transaction of $1,604,947.50. Following the completion of the sale, the chief financial officer owned 87,076 shares of the company’s stock, valued at approximately $13,871,206.80. This represents a 10.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David V. Hedley III sold 1,024 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $162.31, for a total value of $166,205.44. Following the transaction, the director owned 6,340 shares in the company, valued at approximately $1,029,045.40. This represents a 13.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 15,291 shares of company stock worth $2,393,988. Company insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On Sanmina

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SANM. Optiver Holding B.V. increased its stake in shares of Sanmina by 36.6% in the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 59 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of 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 purchasing an additional 68 shares during the period. Vise Technologies Inc. increased its position in Sanmina by 2.0% during the third quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock worth $417,000 after purchasing an additional 71 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Sanmina by 7.7% during the third quarter. Jones Financial Companies Lllp now owns 1,127 shares of the electronics maker’s stock worth $129,000 after purchasing an additional 81 shares during the period. Finally, Allworth Financial LP grew its stake in shares of Sanmina by 1.4% in the 3rd 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.

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.