Sei Investments Co. Sells 69,840 Shares of Sanmina Corporation $SANM

Sei Investments Co. lessened its stake in shares of Sanmina Corporation (NASDAQ:SANM) by 22.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 245,370 shares of the electronics maker’s stock after selling 69,840 shares during the quarter. Sei Investments Co.’s holdings in Sanmina were worth $31,810,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in SANM. Invesco Ltd. grew its position in shares of Sanmina by 74.6% during the 3rd quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker’s stock valued at $251,590,000 after acquiring an additional 933,974 shares during the period. Norges Bank purchased a new stake in Sanmina in the fourth quarter worth $101,751,000. Fisher Asset Management LLC increased its position in Sanmina by 289.6% in the fourth quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock worth $97,571,000 after buying an additional 483,312 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Sanmina by 520.3% in the fourth quarter. Marshall Wace LLP now owns 428,519 shares of the electronics maker’s stock valued at $64,308,000 after buying an additional 359,441 shares during the period. Finally, Alyeska Investment Group L.P. bought a new stake in shares of Sanmina in the fourth quarter valued at $53,430,000. Institutional investors own 92.71% of the company’s stock.

Insiders Place Their Bets

In other Sanmina news, Director Joseph G. Licata, Jr. sold 26,565 shares of the company’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $211.03, for a total value of $5,606,011.95. Following the transaction, the director directly owned 27,809 shares in the company, valued at $5,868,533.27. This represents a 48.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Jonathan P. Faust sold 10,076 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $265.80, for a total value of $2,678,200.80. Following the completion of the sale, the chief financial officer directly owned 77,000 shares in the company, valued at approximately $20,466,600. The trade was a 11.57% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 156,509 shares of company stock worth $35,699,476. 3.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. assumed coverage on Sanmina in a research note on Monday, March 30th. They set a “neutral” rating and a $145.00 price target for the company. Susquehanna began coverage on Sanmina in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective on the stock. Weiss Ratings raised shares of Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 15th. Zacks Research lowered shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $160.00.

Sanmina Stock Up 0.2%

SANM opened at $208.90 on Tuesday. The firm has a market capitalization of $11.20 billion, a P/E ratio of 44.16, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. Sanmina Corporation has a one year low of $97.76 and a one year high of $288.68. The company has a fifty day moving average price of $236.17 and a 200-day moving average price of $187.39. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.71 and a quick ratio of 1.03.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, July 27th. The electronics maker reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.77 by $0.54. The company had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.40 billion. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The firm’s revenue was up 69.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.53 earnings per share. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Equities research analysts expect that Sanmina Corporation will post 9.36 earnings per share for the current fiscal year.

Key Headlines Impacting Sanmina

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Sanmina exceeded third-quarter expectations. Fiscal Q3 EPS was $3.31, well above the $2.77-$2.78 analyst consensus, while revenue of $3.46 billion topped estimates of approximately $3.40 billion. EPS more than doubled from $1.53 a year earlier, and revenue increased 69.7% year over year. Sanmina Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Profit guidance was raised above consensus. Sanmina forecast fourth-quarter fiscal 2026 EPS of $3.05-$3.35, compared with the $2.81 consensus, and full-year EPS of $11.90-$12.20 versus an analyst estimate of $10.83. The guidance implies continued earnings momentum and is likely the main bullish catalyst for SANM. Sanmina Reports Third Quarter Fiscal 2026 Financial Results
• Neutral Sentiment: Revenue expectations were mixed. Fourth-quarter revenue guidance of $3.3-$3.6 billion has a midpoint slightly below the $3.5 billion consensus, while full-year revenue guidance of $14.0-$14.3 billion brackets the $14.2 billion estimate. This indicates strong profitability but less clear evidence of upside to near-term sales expectations. Sanmina Q3 2026 Earnings Call Transcript
• Negative Sentiment: Valuation and technical factors could limit the reaction. SANM trades at roughly 44 times earnings and remains below its 50-day simple moving average of $236.17. Investors may require sustained execution to justify the elevated valuation, particularly if revenue growth moderates.

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.