David Hedley III Sells 1,024 Shares of Sanmina (NASDAQ:SANM) Stock

Sanmina Corporation (NASDAQ:SANM) Director David Hedley III sold 1,024 shares of the company’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 completion of the sale, the director owned 6,340 shares in the company, valued at $1,029,045.40. The trade was a 13.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Sanmina Stock Up 0.1%

Shares of NASDAQ:SANM opened at $161.43 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.04 and a debt-to-equity ratio of 0.75. The stock has a fifty day simple moving average of $156.27 and a two-hundred day simple moving average of $142.51. Sanmina Corporation has a 12-month low of $63.67 and a 12-month high of $185.29. The stock has a market capitalization of $8.81 billion, a price-to-earnings ratio of 38.53, a PEG ratio of 0.73 and a beta of 1.04.

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SANM. Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. Argus upped their price objective on Sanmina to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Sanmina has an average rating of “Buy” and an average price target of $160.00.

Key Headlines Impacting Sanmina

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Sanmina’s strong quarterly results and guidance remain a key bullish driver — the company beat revenue and EPS estimates and set Q2 guidance that supports continued growth, which analysts cite as a reason for the post‑earnings rally. Why Is Sanmina (SANM) Up 10.5% Since Last Earnings Report?
• Positive Sentiment: Zacks added SANM to its Rank #1 (Strong Buy) growth list (Feb 25–26), reinforcing momentum and likely attracting growth‑oriented funds and retail buyers. Best Growth Stocks to Buy for February 26th
• Positive Sentiment: Analysts and screens are flagging SANM as trading near its 52‑week highs with upside potential, which can sustain buying interest from momentum traders. 4 Stocks Trading Near 52-Week High With More Upside Potential
• Neutral Sentiment: Mixed analyst commentary and an elevated consensus price target (MarketBeat shows an average target ~ $160 and several buy ratings) create both support and limited upside depending on expectations.
• Negative Sentiment: Insider selling: Director David Hedley III disclosed a sale of 1,024 shares (~$162.31 avg), reducing his position — such filings often trigger short‑term selling pressure. Insider Selling: Sanmina (NASDAQ:SANM) Director Sells 1,024 Shares of Stock
• Negative Sentiment: Material insider sale by the CFO: Jonathan Faust sold 10,075 shares at ~ $159.30, a sizable reduction that amplifies concerns about insider cash‑outs and likely pressured the stock intraday. SEC Filing — CFO Sale
• Negative Sentiment: Media coverage (TipRanks/others) highlighting multiple insiders “cashing out” can amplify negative sentiment and short‑term volatility even if sales are routine or for personal reasons. Top Sanmina-Sci Insiders Quietly Cash Out

Institutional Trading of Sanmina

Several institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. raised its position in shares of Sanmina by 42.4% during the 2nd quarter. Invesco Ltd. now owns 1,251,678 shares of the electronics maker’s stock valued at $122,452,000 after buying an additional 372,829 shares in the last quarter. AlphaQuest LLC increased its stake in Sanmina by 10,472.1% during the third quarter. AlphaQuest LLC now owns 10,995 shares of the electronics maker’s stock worth $1,266,000 after acquiring an additional 10,891 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Sanmina by 1.4% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 175,559 shares of the electronics maker’s stock valued at $17,175,000 after purchasing an additional 2,451 shares during the period. Frontier Capital Management Co. LLC raised its position in Sanmina by 20.9% during the second quarter. Frontier Capital Management Co. LLC now owns 1,231,884 shares of the electronics maker’s stock valued at $120,515,000 after purchasing an additional 213,025 shares during the period. Finally, Asset Management One Co. Ltd. bought a new stake in shares of Sanmina in the 3rd quarter valued at approximately $1,472,000. 92.71% of the stock is currently owned by institutional investors.

Sanmina Company Profile

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.