Key Points
- Director David Hedley III sold 500 shares of Sanmina on May 1 at an average price of $219.52 for $109,760, leaving him with 7,376 shares (a reported 6.35% reduction) per an SEC filing.
- Sanmina beat Q1 expectations, reporting $3.16 EPS vs. $2.42 expected and $4.01 billion revenue vs. $3.28 billion expected (revenue up 102.3% year‑over‑year), and provided upbeat Q3 and FY2026 guidance.
- Market and analyst momentum has strengthened—several upgrades and increased institutional buying have pushed the stock near its 52‑week high; the consensus rating is a Moderate Buy with a $150 price target while the shares trade with a ~45.8 P/E and $11.6B market cap.
Sanmina Corporation (NASDAQ:SANM - Get Free Report) Director David Hedley III sold 500 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $219.52, for a total value of $109,760.00. Following the sale, 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 SEC, which is available through this link.
Sanmina Stock Performance
SANM opened at $216.54 on Tuesday. The firm has a market cap of $11.61 billion, a P/E ratio of 45.78, a price-to-earnings-growth ratio of 0.86 and a beta of 1.50. Sanmina Corporation has a 52-week low of $77.35 and a 52-week high of $230.56. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.03 and a current ratio of 1.71. The business's fifty day moving average is $147.92 and its 200-day moving average is $151.83.
Sanmina (NASDAQ:SANM - Get Free Report) last released its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 earnings per share for the quarter, beating 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 business had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the firm posted $1.16 earnings per share. Sanmina's revenue 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. Sell-side analysts expect that Sanmina Corporation will post 9.36 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research firms have issued reports on SANM. Weiss Ratings upgraded Sanmina from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, April 29th. Wall Street Zen raised Sanmina from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Argus lifted their price target on Sanmina to $200.00 and gave the company a "buy" rating in a research note on Wednesday, January 28th. Susquehanna initiated coverage on Sanmina in a research note on Wednesday, April 1st. They set a "neutral" rating and a $135.00 price target on the stock. Finally, JPMorgan Chase & Co. initiated coverage on Sanmina in a research note on Monday, March 30th. They set a "neutral" rating and a $145.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $150.00.
Check Out Our Latest Stock Analysis on SANM
Sanmina News Summary
Here are the key news stories impacting Sanmina this week:
- Positive Sentiment: Company-level strength: coverage highlights Sanmina’s strong Q1 results and cost discipline, reinforcing the recent earnings beat and guidance that pushed investor enthusiasm. Sanmina, Northwest, and Cincinnati post strong Q1 on cost discipline
- Positive Sentiment: Analyst/coverage momentum: Zacks added SANM to its Rank #1 (Strong Buy) growth stocks list, supporting continued buying interest from momentum and growth-focused investors. Best Growth Stocks to Buy for May 4th
- Positive Sentiment: Investor sentiment lift: coverage explaining why SANM “skyrocketed” this week points to buy signals from the latest business update — a supporting narrative for further momentum. Why Sanmina Stock Skyrocketed This Week
- Neutral Sentiment: Momentum recognition: Zacks also highlighted SANM among stocks trading near 52-week highs, signaling technical strength but not guaranteeing follow-through. 4 Stocks Trading Near 52-Week High With More Upside Potential
- Neutral Sentiment: Analyst Q&A and peer comparisons: follow-up pieces (analyst questions from the Q1 call and a Jabil vs. Sanmina comparison) provide deeper context for investors deciding between valuation and growth profiles. 5 must-read analyst questions from Sanmina’s Q1 earnings call Which Is a Better Investment, Jabil Inc. or Sanmina Corporation Stock?
- Negative Sentiment: Insider selling — EVP Alan Mcwilliams Reid sold 1,000 shares at about $218, trimming his stake; such sales can be perceived as a signal to short-term traders. Alan Mcwilliams Reid SEC filing
- Negative Sentiment: Insider selling — Director David V. Hedley III sold 500 shares at roughly $219.5, another small but visible insider sale. David V. Hedley III SEC filing
- Negative Sentiment: Large insider sale reported: a separate filing covered a 26,565-share sale by Joseph Licata Jr., which may amplify short-term selling pressure. Joseph Licata, Jr. Sells 26,565 Shares of Sanmina Stock
Hedge Funds Weigh In On Sanmina
A number of hedge funds have recently made changes to their positions in the stock. Invesco Ltd. raised its position in shares of Sanmina by 22.0% during the fourth quarter. Invesco Ltd. now owns 2,667,240 shares of the electronics maker's stock worth $400,273,000 after acquiring an additional 481,588 shares during the last quarter. Geode Capital Management LLC increased its holdings in Sanmina by 3.7% in the fourth quarter. Geode Capital Management LLC now owns 1,629,023 shares of the electronics maker's stock worth $244,500,000 after purchasing an additional 58,529 shares in the last quarter. Allianz Asset Management GmbH increased its holdings in Sanmina by 3.7% in the third quarter. Allianz Asset Management GmbH now owns 776,604 shares of the electronics maker's stock worth $89,395,000 after purchasing an additional 27,384 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in Sanmina by 57.5% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 762,365 shares of the electronics maker's stock worth $98,833,000 after purchasing an additional 278,465 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its holdings in Sanmina by 17.3% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 732,369 shares of the electronics maker's stock worth $109,907,000 after purchasing an additional 108,202 shares in the last quarter. 92.71% of the stock is currently owned by institutional investors.
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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