Inceptionr LLC Raises Position in Sanmina Corporation $SANM

Inceptionr LLC grew its position in shares of Sanmina Corporation (NASDAQ:SANM) by 99.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,909 shares of the electronics maker’s stock after buying an additional 3,941 shares during the period. Inceptionr LLC’s holdings in Sanmina were worth $1,025,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SANM. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Sanmina by 21,174.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 25,529 shares of the electronics maker’s stock valued at $3,831,000 after buying an additional 25,409 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Sanmina by 3.7% in the fourth quarter. Geode Capital Management LLC now owns 1,629,023 shares of the electronics maker’s stock valued at $244,500,000 after acquiring an additional 58,529 shares during the period. Legato Capital Management LLC purchased a new position in shares of Sanmina during the fourth quarter valued at approximately $1,233,000. Fisher Asset Management LLC raised 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 valued at $97,571,000 after acquiring an additional 483,312 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. raised its stake in Sanmina by 57.5% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 762,365 shares of the electronics maker’s stock worth $98,833,000 after buying an additional 278,465 shares in the last quarter. Institutional investors own 92.71% of the company’s stock.

Insider Buying and Selling

In other Sanmina news, CEO Jure Sola sold 118,368 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $228.84, for a total value of $27,087,333.12. Following the transaction, the chief executive officer directly owned 1,227,573 shares in the company, valued at approximately $280,917,805.32. This trade represents a 8.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David V. Hedley III sold 500 shares of Sanmina stock in a transaction on Friday, May 1st. The stock was sold at an average price of $219.52, for a total transaction of $109,760.00. Following the transaction, the director owned 7,376 shares in the company, valued at $1,619,179.52. This represents a 6.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 156,509 shares of company stock valued at $35,699,476 over the last ninety days. 3.10% of the stock is owned by insiders.

Sanmina Stock Performance

Shares of SANM stock opened at $208.43 on Friday. The company has a 50 day moving average price of $236.49 and a 200-day moving average price of $186.77. Sanmina Corporation has a 52 week low of $95.49 and a 52 week high of $288.68. The firm has a market capitalization of $11.17 billion, a PE ratio of 44.07, a P/E/G ratio of 0.84 and a beta of 1.56. The company has a quick ratio of 1.03, a current ratio of 1.71 and a debt-to-equity ratio of 0.77.

Sanmina (NASDAQ:SANM) last released its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.74. The firm had revenue of $4.01 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The firm’s quarterly revenue was up 102.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.16 earnings per share. 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 research analysts expect that Sanmina Corporation will post 9.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

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