10,015 Shares in Sanmina Corporation $SANM Acquired by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in Sanmina Corporation (NASDAQ:SANM) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,015 shares of the electronics maker’s stock, valued at approximately $2,535,000.

Several other hedge funds also recently added to or reduced their stakes in SANM. Amundi acquired a new position in shares of Sanmina in the 1st quarter valued at $391,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Sanmina by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,968 shares of the electronics maker’s stock valued at $2,435,000 after buying an additional 1,387 shares during the last quarter. United Services Automobile Association acquired a new stake in Sanmina during the 1st quarter worth $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Sanmina by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,287 shares of the electronics maker’s stock worth $9,621,000 after acquiring an additional 12,061 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in Sanmina by 572.5% in the first quarter. Jane Street Group LLC now owns 79,846 shares of the electronics maker’s stock valued at $6,083,000 after acquiring an additional 67,973 shares during the last quarter. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Sanmina

In other Sanmina news, CFO Jonathan P. Faust sold 10,076 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $265.80, for a total transaction of $2,678,200.80. Following the completion of the sale, the chief financial officer directly owned 77,000 shares of the company’s stock, valued at $20,466,600. This represents a 11.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is owned by company insiders.

Sanmina Price Performance

Shares of NASDAQ:SANM opened at $188.89 on Monday. Sanmina Corporation has a 1-year low of $110.44 and a 1-year high of $288.68. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.78 and a quick ratio of 1.06. The stock has a market cap of $10.12 billion, a P/E ratio of 33.79, a P/E/G ratio of 0.66 and a beta of 1.59. The firm has a fifty day moving average price of $214.52 and a 200 day moving average price of $191.70.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings data on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $2.77 by $0.54. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The company had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same period in the previous year, the business posted $1.53 earnings per share. Sanmina’s quarterly revenue was up 69.7% on a year-over-year basis. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Sell-side analysts predict that Sanmina Corporation will post 10.41 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SANM. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. cut their target price on Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. Weiss Ratings downgraded Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 18th. Finally, Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Sanmina presently has a consensus rating of “Moderate Buy” and an average price target of $198.33.

Sanmina 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.