Stephens Inc. AR Invests $2.36 Million in Sanmina Corporation $SANM

Stephens Inc. AR acquired a new position in shares of Sanmina Corporation (NASDAQ:SANM) in the 1st quarter, Holdings Channel.com reports. The fund acquired 18,225 shares of the electronics maker’s stock, valued at approximately $2,363,000.

A number of other large investors have also recently bought and sold shares of the stock. Invesco Ltd. grew its stake in Sanmina by 74.6% in the 3rd quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker’s stock worth $251,590,000 after acquiring an additional 933,974 shares during the period. Norges Bank acquired a new stake in shares of Sanmina during the fourth quarter worth $101,751,000. Fisher Asset Management LLC boosted its holdings in shares of Sanmina by 289.6% during the fourth quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock worth $97,571,000 after purchasing an additional 483,312 shares during the last quarter. Marshall Wace LLP grew its position in shares of Sanmina by 520.3% in the fourth quarter. Marshall Wace LLP now owns 428,519 shares of the electronics maker’s stock valued at $64,308,000 after purchasing an additional 359,441 shares during the period. Finally, Alyeska Investment Group L.P. acquired a new position in Sanmina in the fourth quarter valued at $53,430,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

Insider Buying and Selling at Sanmina

In other news, EVP Alan Mcwilliams Reid sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $218.17, for a total transaction of $218,170.00. Following the completion of the transaction, the executive vice president directly owned 31,481 shares in the company, valued at approximately $6,868,209.77. The trade was a 3.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jure Sola sold 118,368 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $228.84, for a total value of $27,087,333.12. Following the completion of the transaction, the chief executive officer directly owned 1,227,573 shares of the company’s stock, valued at approximately $280,917,805.32. The trade was a 8.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 156,509 shares of company stock worth $35,699,476. Corporate insiders own 3.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on SANM shares. Zacks Research lowered shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. JPMorgan Chase & Co. started coverage on Sanmina in a research report on Monday, March 30th. They issued a “neutral” rating and a $145.00 target price on the stock. Susquehanna assumed coverage on Sanmina in a research report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 price target for the company. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. Finally, Weiss Ratings raised Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, May 28th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Sanmina presently has an average rating of “Hold” and an average price target of $150.00.

Sanmina Stock Up 1.9%

SANM stock opened at $209.56 on Thursday. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77. The firm has a 50 day simple moving average of $242.21 and a 200-day simple moving average of $182.39. The company has a market capitalization of $11.23 billion, a P/E ratio of 44.30, a PEG ratio of 0.79 and a beta of 1.56. Sanmina Corporation has a twelve month low of $95.49 and a twelve month high of $288.68.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings results on Monday, April 27th. The electronics maker reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.74. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The business had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period last year, the firm earned $1.16 earnings per share. The company’s revenue for the quarter 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 research analysts predict that Sanmina Corporation will post 9.36 earnings per share for the current fiscal year.

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.