SG Americas Securities LLC Decreases Position in Sanmina Corporation $SANM

SG Americas Securities LLC decreased its position in Sanmina Corporation (NASDAQ:SANM) by 58.5% during the 1st quarter, Holdings Channel reports. The firm owned 3,434 shares of the electronics maker’s stock after selling 4,845 shares during the quarter. SG Americas Securities LLC’s holdings in Sanmina were worth $445,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Invesco Ltd. boosted its position in shares of Sanmina by 22.0% in the 4th quarter. Invesco Ltd. now owns 2,667,240 shares of the electronics maker’s stock worth $400,273,000 after buying an additional 481,588 shares in the last quarter. Geode Capital Management LLC increased its holdings in Sanmina by 3.7% during the 4th 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 in the last quarter. Vaughan Nelson Investment Management L.P. raised its position in Sanmina by 57.5% during 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 acquiring an additional 278,465 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its position in Sanmina by 17.3% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 732,369 shares of the electronics maker’s stock worth $109,907,000 after acquiring an additional 108,202 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Sanmina in the fourth quarter valued at about $101,751,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

Sanmina Price Performance

SANM opened at $209.56 on Thursday. Sanmina Corporation has a 1 year low of $95.49 and a 1 year high of $288.68. The company’s 50 day simple moving average is $242.21 and its 200 day simple moving average is $182.39. The stock has a market capitalization of $11.23 billion, a PE ratio of 44.30, a P/E/G ratio of 0.79 and a beta of 1.56. 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 (NASDAQ:SANM) last issued its earnings results on Monday, April 27th. The electronics maker reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.74. The firm had revenue of $4.01 billion for the quarter, compared to analysts’ expectations of $3.28 billion. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The firm’s revenue for the quarter was up 102.3% compared to the same quarter last year. During the same quarter last year, the firm 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, sell-side analysts expect that Sanmina Corporation will post 9.36 EPS for the current year.

Insider Buying and Selling at Sanmina

In other Sanmina news, CFO Jonathan P. Faust sold 10,076 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $265.80, for a total value of $2,678,200.80. Following the transaction, the chief financial officer owned 77,000 shares in the company, valued at $20,466,600. The trade was a 11.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 owned 1,227,573 shares of the company’s stock, valued at approximately $280,917,805.32. This trade represents a 8.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 156,509 shares of company stock valued at $35,699,476. 3.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

SANM has been the topic of several research reports. Zacks Research lowered shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. 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 research report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 price target for the company. JPMorgan Chase & Co. assumed coverage on Sanmina in a report on Monday, March 30th. They issued a “neutral” rating and a $145.00 price target for the company. Finally, Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $150.00.

About Sanmina

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.