Sanmina Corporation $SANM Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC trimmed its stake in Sanmina Corporation (NASDAQ:SANM) by 29.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 12,076 shares of the electronics maker’s stock after selling 5,135 shares during the period. Voya Investment Management LLC’s holdings in Sanmina were worth $1,390,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SANM. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Sanmina by 265.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker’s stock worth $28,000 after purchasing an additional 265 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in shares of Sanmina by 27.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock valued at $39,000 after purchasing an additional 85 shares during the last quarter. Banque Transatlantique SA acquired a new stake in shares of Sanmina in the 1st quarter valued at about $29,000. MAI Capital Management purchased a new position in Sanmina during the 2nd quarter worth approximately $41,000. Finally, Harbour Investments Inc. increased its position in Sanmina by 1,612.9% during the second quarter. Harbour Investments Inc. now owns 531 shares of the electronics maker’s stock worth $52,000 after buying an additional 500 shares during the period. 92.71% of the stock is owned by hedge funds and other institutional investors.

Sanmina Price Performance

Shares of NASDAQ SANM opened at $153.76 on Tuesday. The stock has a fifty day moving average price of $153.62 and a 200 day moving average price of $126.64. Sanmina Corporation has a 1-year low of $63.67 and a 1-year high of $178.39. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.72 and a quick ratio of 1.02. The company has a market cap of $8.39 billion, a PE ratio of 34.48, a P/E/G ratio of 0.75 and a beta of 1.03.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, November 3rd. The electronics maker reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.10. Sanmina had a net margin of 3.03% and a return on equity of 11.59%. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the prior year, the firm earned $1.43 EPS. Sanmina’s quarterly revenue was up 3.9% on a year-over-year basis. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. Sell-side analysts forecast that Sanmina Corporation will post 5.15 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on SANM shares. Weiss Ratings reissued a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. Wall Street Zen cut shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. Finally, Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $120.00.

Insider Transactions at Sanmina

In related news, insider Vishnu Venkatesh sold 692 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $149.22, for a total value of $103,260.24. Following the completion of the sale, the insider owned 23,500 shares in the company, valued at $3,506,670. This trade represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.22% of the stock is owned by corporate insiders.

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.