Key Points
- EVP Alan Mcwilliams Reid sold 3,500 shares on Feb. 13 at an average of $148.45 for a total of $519,575, and now owns 33,981 shares (a 9.34% decrease); the transaction was disclosed in an SEC filing.
- Sanmina beat its recent quarter estimates with EPS of $2.38 vs. $2.15 and revenue of $3.19 billion (up 59% year-over-year), and set Q2 guidance of $2.25–$2.55 EPS while analysts expect about 5.15 EPS for the year and an average price target of $160.
- The stock trades near $146.70 with a market cap of $8.01 billion and a P/E of 35.01, a 52-week range of $63.67–$185.29, and is roughly 92.71% owned by institutional investors.
Sanmina Corporation (NASDAQ:SANM - Get Free Report) EVP Alan Mcwilliams Reid sold 3,500 shares of the company's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $148.45, for a total value of $519,575.00. Following the completion of the transaction, the executive vice president owned 33,981 shares of the company's stock, valued at $5,044,479.45. The trade was a 9.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Sanmina Stock Performance
NASDAQ:SANM opened at $146.70 on Wednesday. The company has a market cap of $8.01 billion, a price-to-earnings ratio of 35.01, a PEG ratio of 0.66 and a beta of 1.04. Sanmina Corporation has a 1 year low of $63.67 and a 1 year high of $185.29. The stock's 50 day simple moving average is $156.78 and its two-hundred day simple moving average is $141.12. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.04.
Sanmina (NASDAQ:SANM - Get Free Report) last released its quarterly earnings results on Monday, January 26th. The electronics maker reported $2.38 EPS for the quarter, topping the consensus estimate of $2.15 by $0.23. The company had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.09 billion. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.The firm's revenue was up 59.0% on a year-over-year basis. During the same quarter last year, the business posted $1.16 earnings per share. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. As a group, equities analysts anticipate that Sanmina Corporation will post 5.15 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have issued reports on SANM. Argus boosted their price objective on shares of Sanmina to $200.00 and gave the company a "buy" rating in a research report on Wednesday, January 28th. Wall Street Zen lowered Sanmina from a "strong-buy" rating to a "buy" rating in a report on Sunday, November 16th. Finally, Zacks Research upgraded Sanmina from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $160.00.
Get Our Latest Research Report on SANM
Institutional Investors Weigh In On Sanmina
Institutional investors and hedge funds have recently made changes to their positions in the stock. Optiver Holding B.V. raised its stake in shares of Sanmina by 36.6% during the 3rd 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 last quarter. Park Avenue Securities LLC raised its position in Sanmina by 2.1% during the fourth quarter. Park Avenue Securities LLC now owns 3,248 shares of the electronics maker's stock valued at $487,000 after acquiring an additional 68 shares in the last quarter. Vise Technologies Inc. raised 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 valued at $417,000 after acquiring an additional 71 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings 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 acquiring an additional 81 shares during the period. Finally, Allworth Financial LP boosted its position in Sanmina by 1.4% in the 3rd quarter. Allworth Financial LP now owns 5,795 shares of the electronics maker's stock worth $667,000 after purchasing an additional 81 shares in the last quarter. 92.71% of the stock is currently owned by institutional investors and hedge funds.
Sanmina Company Profile
(
Get Free Report)
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.
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