SG Capital Management LLC Takes Position in Sanmina Corporation $SANM

SG Capital Management LLC purchased a new position in shares of Sanmina Corporation (NASDAQ:SANM) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 87,399 shares of the electronics maker’s stock, valued at approximately $10,060,000. SG Capital Management LLC owned 0.16% of Sanmina as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Root Financial Partners LLC acquired a new position in shares of Sanmina during the 3rd quarter worth approximately $34,000. Salomon & Ludwin LLC acquired a new position in shares of Sanmina in the third quarter valued at $41,000. TD Waterhouse Canada Inc. raised its position in shares of Sanmina by 27.2% in the second 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 period. MAI Capital Management acquired a new stake in shares of Sanmina during the 2nd quarter worth about $41,000. Finally, Federated Hermes Inc. boosted its holdings in shares of Sanmina by 88.6% during the 3rd quarter. Federated Hermes Inc. now owns 464 shares of the electronics maker’s stock worth $53,000 after buying an additional 218 shares during the period. Institutional investors own 92.71% of the company’s stock.

Insider Buying and Selling at Sanmina

In other Sanmina news, EVP Alan Mcwilliams Reid sold 3,500 shares of the business’s stock in a transaction on 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 owned 33,981 shares of the company’s stock, valued at approximately $5,044,479.45. The trade was a 9.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Vishnu Venkatesh sold 692 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total transaction of $103,260.24. Following the transaction, the insider owned 23,500 shares of the company’s stock, valued at $3,506,670. This trade represents a 2.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.10% of the stock is owned by corporate insiders.

Sanmina Trading Up 0.8%

SANM opened at $147.83 on Thursday. The stock has a market capitalization of $8.07 billion, a price-to-earnings ratio of 35.28, a P/E/G ratio of 0.66 and a beta of 1.04. The company has a quick ratio of 1.04, a current ratio of 1.70 and a debt-to-equity ratio of 0.75. Sanmina Corporation has a twelve month low of $63.67 and a twelve month high of $185.29. The company has a 50-day simple moving average of $156.35 and a 200 day simple moving average of $141.17.

Sanmina (NASDAQ:SANM) last issued its earnings results on Monday, January 26th. The electronics maker reported $2.38 EPS for the quarter, beating the consensus estimate of $2.15 by $0.23. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The business’s revenue for the quarter was up 59.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.16 EPS. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. Analysts predict that Sanmina Corporation will post 5.15 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.