Sanmina Corporation $SANM Shares Sold by Delphi Management Inc. MA

Delphi Management Inc. MA lessened its stake in shares of Sanmina Corporation (NASDAQ:SANM) by 22.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 7,958 shares of the electronics maker’s stock after selling 2,319 shares during the quarter. Delphi Management Inc. MA’s holdings in Sanmina were worth $1,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of SANM. Optiver Holding B.V. grew its position in Sanmina by 36.6% in the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock valued at $25,000 after buying an additional 59 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Sanmina in the 3rd quarter valued at $26,000. Employees Retirement System of Texas purchased a new position in Sanmina during the 4th quarter worth $39,000. Northwestern Mutual Wealth Management Co. raised its position in Sanmina by 182.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock worth $51,000 after buying an additional 219 shares during the last quarter. Finally, 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 worth $55,000 after acquiring an additional 259 shares during the period. 92.71% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director David V. Hedley III sold 500 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $219.52, for a total value of $109,760.00. Following the completion of the transaction, the director owned 7,376 shares in the company, valued at $1,619,179.52. This trade represents a 6.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jure Sola sold 118,368 shares of Sanmina stock in a transaction that occurred 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 transaction, the chief executive officer owned 1,227,573 shares of the company’s stock, valued at $280,917,805.32. This represents a 8.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 156,509 shares of company stock worth $35,699,476. 3.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

SANM has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. Susquehanna assumed coverage on Sanmina in a report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective on the stock. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Weiss Ratings upgraded Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Finally, JPMorgan Chase & Co. began coverage on Sanmina in a research note on Monday, March 30th. They set a “neutral” rating and a $145.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $150.00.

Sanmina Price Performance

Shares of NASDAQ SANM opened at $248.81 on Thursday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.03 and a current ratio of 1.71. Sanmina Corporation has a one year low of $93.82 and a one year high of $288.68. The firm has a market capitalization of $13.34 billion, a P/E ratio of 52.60, a PEG ratio of 0.95 and a beta of 1.54. The company’s fifty day moving average is $230.92 and its two-hundred day moving average is $177.33.

Sanmina (NASDAQ:SANM) last announced its quarterly 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. The business had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $3.28 billion. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The business’s revenue was up 102.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.16 EPS. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. Analysts forecast that Sanmina Corporation will post 9.36 EPS for the current fiscal year.

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.