Sanmina (NASDAQ:SANM) EVP Sells $519,575.00 in Stock

Sanmina Corporation (NASDAQ:SANM) EVP Alan Mcwilliams Reid sold 3,500 shares of Sanmina stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $148.45, for a total transaction of $519,575.00. Following the sale, the executive vice president directly owned 33,981 shares in the company, valued at $5,044,479.45. The trade was a 9.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Sanmina Stock Up 0.6%

SANM stock traded up $0.89 during midday trading on Tuesday, hitting $146.70. The stock had a trading volume of 535,290 shares, compared to its average volume of 917,871. 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 firm has a market cap of $8.01 billion, a price-to-earnings ratio of 35.01, a price-to-earnings-growth ratio of 0.66 and a beta of 1.04. The business has a 50-day moving average of $156.78 and a two-hundred day moving average of $141.12. Sanmina Corporation has a 52-week low of $63.67 and a 52-week high of $185.29.

Sanmina (NASDAQ:SANM) last announced its quarterly 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 net margin of 2.47% and a return on equity of 13.06%. The company had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.09 billion. During the same quarter in the previous year, the business posted $1.16 EPS. Sanmina’s revenue was up 59.0% compared to the same quarter last year. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. As a group, equities research analysts forecast that Sanmina Corporation will post 5.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Argus increased their price objective on shares of Sanmina to $200.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. Finally, Wall Street Zen cut shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Sanmina presently has a consensus rating of “Buy” and a consensus target price of $160.00.

Hedge Funds Weigh In On Sanmina

Large investors have recently modified their holdings of the stock. Optiver Holding B.V. boosted its stake 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 period. Caitong International Asset Management Co. Ltd purchased a new position in shares of Sanmina during the 3rd quarter worth about $26,000. Root Financial Partners LLC bought a new position in Sanmina during the 3rd quarter valued at about $34,000. TD Waterhouse Canada Inc. grew its holdings in Sanmina by 27.2% during 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. Finally, Employees Retirement System of Texas purchased a new stake in Sanmina in the 4th quarter worth about $39,000. Institutional investors own 92.71% of the company’s stock.

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.