Sanmina Corporation $SANM Shares Sold by Measured Wealth Private Client Group LLC

Measured Wealth Private Client Group LLC reduced its stake in Sanmina Corporation (NASDAQ:SANMFree Report) by 87.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 513 shares of the electronics maker’s stock after selling 3,718 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Sanmina were worth $67,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. ANB Bank lifted its position in shares of Sanmina by 3.2% during the 1st quarter. ANB Bank now owns 1,645 shares of the electronics maker’s stock worth $213,000 after buying an additional 51 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of Sanmina by 2.1% in the 4th quarter. Park Avenue Securities LLC now owns 3,248 shares of the electronics maker’s stock valued at $487,000 after buying an additional 68 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Sanmina by 1.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,337 shares of the electronics maker’s stock valued at $562,000 after buying an additional 69 shares during the last quarter. Vise Technologies Inc. raised its stake in Sanmina by 2.0% during the 3rd quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock worth $417,000 after acquiring an additional 71 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its stake in Sanmina by 3.4% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,274 shares of the electronics maker’s stock worth $295,000 after acquiring an additional 75 shares in the last quarter. Institutional investors and hedge funds own 92.71% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on SANM shares. Susquehanna initiated coverage on shares of Sanmina in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective for the company. JPMorgan Chase & Co. began coverage on Sanmina in a report on Monday, March 30th. They set a “neutral” rating and a $145.00 price objective on the stock. Weiss Ratings upgraded Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th. Wall Street Zen downgraded Sanmina from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Zacks Research cut Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Sanmina has an average rating of “Hold” and a consensus price target of $160.00.

Check Out Our Latest Stock Report on SANM

Sanmina Stock Performance

Shares of Sanmina stock opened at $218.56 on Friday. The firm’s fifty day simple moving average is $237.03 and its 200-day simple moving average is $186.62. Sanmina Corporation has a 12 month low of $95.49 and a 12 month high of $288.68. The stock has a market capitalization of $11.71 billion, a price-to-earnings ratio of 46.21, a PEG ratio of 0.83 and a beta of 1.56. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.71 and a quick ratio of 1.03.

Sanmina (NASDAQ:SANMGet Free Report) last issued its quarterly earnings results on Monday, April 27th. The electronics maker reported $3.16 earnings per share for the quarter, topping 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 firm had revenue of $4.01 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the prior year, the business earned $1.16 EPS. Sanmina’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. As a group, equities analysts forecast that Sanmina Corporation will post 9.36 earnings per share for the current year.

Insider Buying and Selling at Sanmina

In other news, CFO Jonathan P. Faust sold 10,076 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $265.80, for a total transaction of $2,678,200.80. Following the completion of the sale, the chief financial officer owned 77,000 shares in the company, valued at approximately $20,466,600. This represents a 11.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $211.03, for a total value of $5,606,011.95. Following the transaction, 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 position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 156,509 shares of company stock valued at $35,699,476. Corporate insiders own 3.10% of the company’s stock.

About Sanmina

(Free Report)

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.

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Institutional Ownership by Quarter for Sanmina (NASDAQ:SANM)

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