Vanguard Group Inc. Sells 398,618 Shares of Sanmina Corporation $SANM

Vanguard Group Inc. trimmed its stake in Sanmina Corporation (NASDAQ:SANM) by 5.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,782,467 shares of the electronics maker’s stock after selling 398,618 shares during the period. Vanguard Group Inc. owned about 0.12% of Sanmina worth $1,017,845,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Concurrent Investment Advisors LLC bought a new stake in shares of Sanmina in the fourth quarter valued at about $5,609,000. Trail Ridge Investment Advisors LLC lifted its stake in shares of Sanmina by 9.8% in the fourth quarter. Trail Ridge Investment Advisors LLC now owns 3,585 shares of the electronics maker’s stock valued at $538,000 after buying an additional 321 shares during the period. M&T Bank Corp bought a new stake in shares of Sanmina in the fourth quarter valued at about $2,665,000. Bosman Wealth Management LLC bought a new stake in shares of Sanmina in the fourth quarter valued at about $2,346,000. Finally, Seeds Investor LLC bought a new stake in shares of Sanmina in the fourth quarter valued at about $237,000. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Sanmina

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Zacks upgraded SANM to a Zacks Rank #1 (Strong Buy), signaling near‑term optimism around the company’s earnings trajectory — a blunt catalyst for momentum buyers and funds that follow Zacks rankings. What Makes Sanmina (SANM) a New Strong Buy Stock
• Positive Sentiment: Zacks also added SANM to its list of new Strong Buy additions for May 1 — reinforcing the upgrade and increasing the chance of inflows from rank-driven investors. New Strong Buy Stocks for May 1st
• Positive Sentiment: Sidoti raised multiple near‑term and FY EPS estimates (FY2026 and FY2027 raised, Q1–Q4 cadence nudged higher), implying analysts expect stronger earnings power going forward — supportive for valuation expansion. Sidoti estimate changes (MarketBeat summary)
• Positive Sentiment: A Yahoo Finance deep dive highlights demand from ZT systems integration and AI-related end markets as key drivers for SANM’s Q2 strength — a structural growth story that investors tend to reward. SANM Q2 Deep Dive: ZT Systems Integration and AI Demand Propel Sanmina’s Growth
• Positive Sentiment: Seeking Alpha notes Sanmina’s solid Q2 beat and argues the stock still looks reasonably valued versus FY26 estimates — narrative that can attract value and event‑driven buyers. Sanmina: Solid Q2 Beat, Stock Remains A Bargain
• Neutral Sentiment: Zacks style-score pieces (growth/value/momentum) highlight that SANM scores well across styles — useful context for different investor types but less of an immediate price catalyst than upgrades or estimate changes. Here’s Why Sanmina (SANM) is a Strong Growth Stock Why Sanmina (SANM) is a Top Value Stock for the Long-Term

Insider Activity at Sanmina

In other news, Director David V. Hedley III sold 1,024 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $162.31, for a total transaction of $166,205.44. Following the sale, the director directly owned 6,340 shares of the company’s stock, valued at $1,029,045.40. This represents a 13.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the sale, the director directly owned 27,809 shares in the company, valued at $5,868,533.27. This trade represents a 48.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 41,164 shares of company stock valued at $7,896,740 over the last three months. 3.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. Argus increased their price target on shares of Sanmina to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday. JPMorgan Chase & Co. initiated coverage on shares of Sanmina in a research report on Monday, March 30th. They issued a “neutral” rating and a $145.00 price target for the company. Finally, Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $150.00.

Sanmina Price Performance

Shares of Sanmina stock opened at $223.27 on Friday. The company has a current ratio of 1.71, a quick ratio of 1.04 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $11.97 billion, a price-to-earnings ratio of 47.20, a P/E/G ratio of 0.84 and a beta of 1.05. Sanmina Corporation has a 1-year low of $77.35 and a 1-year high of $230.56. The firm’s 50-day moving average price is $147.92 and its two-hundred day moving average price is $151.46.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.74. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The firm had revenue of $4.01 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the prior year, the firm earned $1.16 earnings per share. The company’s quarterly revenue was up 102.3% compared to the same quarter last year. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. On average, equities analysts predict that Sanmina Corporation will post 9.36 earnings per share for the current fiscal year.

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.