Insider Selling: Sanmina (NASDAQ:SANM) CFO Sells $1,604,947.50 in Stock

Sanmina Corporation (NASDAQ:SANM) CFO Jonathan Faust sold 10,075 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $159.30, for a total value of $1,604,947.50. Following the completion of the sale, the chief financial officer directly owned 87,076 shares of the company’s stock, valued at $13,871,206.80. This represents a 10.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Sanmina Stock Performance

Shares of SANM stock traded up $3.15 during trading on Wednesday, reaching $161.32. The company had a trading volume of 671,933 shares, compared to its average volume of 866,090. The firm’s 50 day simple moving average is $155.58 and its two-hundred day simple moving average is $142.25. Sanmina Corporation has a one year low of $63.67 and a one year high of $185.29. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.04. The company has a market capitalization of $8.81 billion, a PE ratio of 38.50, a PEG ratio of 0.67 and a beta of 1.04.

Sanmina (NASDAQ:SANM) last announced its earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, topping 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 analysts’ expectations of $3.09 billion. During the same quarter in the prior year, the business earned $1.16 earnings per share. The company’s revenue was up 59.0% on a year-over-year basis. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. Sell-side analysts forecast that Sanmina Corporation will post 5.15 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Optiver Holding B.V. increased its holdings in Sanmina by 36.6% during 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 last quarter. Park Avenue Securities LLC grew its position 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 acquiring an additional 68 shares during the period. Vise Technologies Inc. increased its stake in shares of Sanmina by 2.0% during the 3rd quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock worth $417,000 after purchasing an additional 71 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Sanmina by 7.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,127 shares of the electronics maker’s stock valued at $129,000 after purchasing an additional 81 shares during the period. Finally, Allworth Financial LP lifted its stake in Sanmina by 1.4% in the 3rd quarter. Allworth Financial LP now owns 5,795 shares of the electronics maker’s stock valued at $667,000 after purchasing an additional 81 shares during the last quarter. Institutional investors own 92.71% of the company’s stock.

Wall Street Analysts Forecast Growth

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

About Sanmina

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.