Key Points
- Sanmina CFO Jonathan Faust sold 10,075 shares at an average price of $159.30 on Feb. 24 for about $1.605 million, trimming his stake by 10.37% to 87,076 shares (≈$13.87M).
- Quarterly beat and guidance: Sanmina reported $2.38 EPS vs. $2.15 expected and $3.19B revenue (up 59% YoY), and set Q2 2026 guidance of $2.25–$2.55 EPS.
- Shares and analyst view: SANM recently traded near $154, has an $8.42B market cap and a one‑year range of $63.67–$185.29, with a consensus "Buy" rating and $160 price target.
Sanmina Corporation (NASDAQ:SANM - Get Free Report) Director David Hedley III sold 1,024 shares of the business's stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $162.31, for a total value of $166,205.44. Following the completion of the sale, the director directly owned 6,340 shares of the company's stock, valued at approximately $1,029,045.40. This trade represents a 13.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Sanmina Trading Down 2.4%
SANM traded down $3.94 on Thursday, hitting $157.39. 158,061 shares of the company were exchanged, compared to its average volume of 846,859. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.04 and a current ratio of 1.70. The firm has a fifty day simple moving average of $155.94 and a two-hundred day simple moving average of $142.38. The stock has a market capitalization of $8.59 billion, a PE ratio of 37.61, a price-to-earnings-growth ratio of 0.72 and a beta of 1.04. Sanmina Corporation has a 12 month low of $63.67 and a 12 month high of $185.29.
Sanmina (NASDAQ:SANM - Get Free Report) last released its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, beating analysts' consensus estimates of $2.15 by $0.23. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.The firm had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same quarter in the prior year, the firm posted $1.16 earnings per share. The business's quarterly revenue was up 59.0% compared to the same quarter last year. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. Sell-side analysts expect that Sanmina Corporation will post 5.15 earnings per share for the current year.
Analyst Ratings Changes
Several equities analysts have recently commented on SANM shares. Wall Street Zen downgraded shares of Sanmina from a "strong-buy" rating to a "buy" rating in a research note on Sunday, November 16th. Zacks Research raised Sanmina from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 3rd. Finally, Argus increased their price objective on Sanmina to $200.00 and gave the stock a "buy" rating in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $160.00.
View Our Latest Analysis on SANM
Hedge Funds Weigh In On Sanmina
Several hedge funds and other institutional investors have recently modified their holdings of SANM. Optiver Holding B.V. lifted its holdings in Sanmina by 36.6% in the third quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker's stock worth $25,000 after buying an additional 59 shares during the period. Park Avenue Securities LLC lifted its stake in shares of Sanmina by 2.1% in the 4th 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. boosted its position in shares of 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 purchasing an additional 71 shares in the last quarter. Jones Financial Companies Lllp grew 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 worth $129,000 after purchasing an additional 81 shares during the period. Finally, Allworth Financial LP grew 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 worth $667,000 after purchasing an additional 81 shares during the period. Hedge funds and other institutional investors own 92.71% of the company's stock.
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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