40,000 Shares in Sanmina Corporation $SANM Acquired by Heartland Advisors Inc.

Heartland Advisors Inc. acquired a new stake in shares of Sanmina Corporation (NASDAQ:SANM) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 40,000 shares of the electronics maker’s stock, valued at approximately $5,186,000.

A number of other institutional investors have also recently added to or reduced their stakes in SANM. Caitong International Asset Management Co. Ltd bought a new stake in Sanmina in the third quarter worth approximately $26,000. Employees Retirement System of Texas bought a new position in shares of Sanmina during the 4th quarter valued at $39,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Sanmina by 182.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock valued at $51,000 after purchasing an additional 219 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Sanmina by 235.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 369 shares of the electronics maker’s stock valued at $55,000 after purchasing an additional 259 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Sanmina in the 4th quarter valued at $60,000. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Sanmina news, Director David V. Hedley III sold 500 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $219.52, for a total transaction of $109,760.00. Following the completion of the sale, the director directly owned 7,376 shares in the company, valued at $1,619,179.52. This represents a 6.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total value of $5,606,011.95. Following the completion of the sale, the director directly owned 27,809 shares in the company, valued at approximately $5,868,533.27. This represents a 48.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 156,509 shares of company stock worth $35,699,476. Insiders own 3.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Susquehanna initiated coverage on Sanmina in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price target for the company. Zacks Research downgraded Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. JPMorgan Chase & Co. initiated coverage on Sanmina in a research note on Monday, March 30th. They set a “neutral” rating and a $145.00 price target for the company. Finally, Weiss Ratings raised Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $160.00.

Sanmina Price Performance

Shares of Sanmina stock opened at $197.24 on Monday. The firm has a fifty day simple moving average of $239.12 and a 200-day simple moving average of $184.89. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77. Sanmina Corporation has a 1-year low of $95.49 and a 1-year high of $288.68. The stock has a market capitalization of $10.57 billion, a price-to-earnings ratio of 41.70, a PEG ratio of 0.76 and a beta of 1.56.

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