4,530 Shares in Sanmina Corporation $SANM Acquired by Pinpoint Asset Management Singapore Pte. Ltd.

Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Sanmina Corporation (NASDAQ:SANM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,530 shares of the electronics maker’s stock, valued at approximately $680,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Optiver Holding B.V. lifted its stake in shares of Sanmina by 36.6% during the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 59 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Sanmina during the 3rd quarter worth approximately $26,000. Employees Retirement System of Texas bought a new stake in shares of Sanmina during the 4th quarter worth approximately $39,000. Northwestern Mutual Wealth Management Co. lifted its stake 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 worth $51,000 after acquiring an additional 219 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in shares of Sanmina by 235.5% during 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 last quarter. 92.71% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Alan Mcwilliams Reid sold 1,000 shares of Sanmina stock in a transaction on Friday, May 1st. The stock was sold at an average price of $218.17, for a total value of $218,170.00. Following the transaction, the executive vice president directly owned 31,481 shares in the company, valued at approximately $6,868,209.77. This trade represents a 3.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jure Sola sold 118,368 shares of Sanmina stock in a transaction 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 completion of the transaction, the chief executive officer owned 1,227,573 shares in the company, valued at $280,917,805.32. This represents a 8.79% decrease in their ownership of the stock. 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. Insiders own 3.10% of the company’s stock.

Analyst Upgrades and Downgrades

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

Sanmina Trading Up 3.3%

SANM opened at $255.20 on Friday. The stock’s fifty day moving average is $213.33 and its two-hundred day moving average is $172.00. The company has a market capitalization of $13.68 billion, a P/E ratio of 53.95, a PEG ratio of 0.95 and a beta of 1.54. Sanmina Corporation has a 52 week low of $85.66 and a 52 week high of $288.68. 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 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. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The business had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period last year, the business posted $1.16 EPS. The business’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. Analysts forecast 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.