GSA Capital Partners LLP Takes Position in Sanmina Corporation $SANM

GSA Capital Partners LLP acquired a new position in Sanmina Corporation (NASDAQ:SANM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,491 shares of the electronics maker’s stock, valued at approximately $1,137,000.

Other large investors also recently added to or reduced their stakes in the company. Invesco Ltd. grew its position in shares of Sanmina by 74.6% during the 3rd quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker’s stock worth $251,590,000 after buying an additional 933,974 shares during the period. Norges Bank acquired a new position in Sanmina in the fourth quarter valued at approximately $101,751,000. Fisher Asset Management LLC boosted its stake in Sanmina by 289.6% in 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 during the last quarter. Marshall Wace LLP grew its holdings in Sanmina by 520.3% during the 4th quarter. Marshall Wace LLP now owns 428,519 shares of the electronics maker’s stock worth $64,308,000 after acquiring an additional 359,441 shares during the period. Finally, Alyeska Investment Group L.P. acquired a new stake in Sanmina during the 4th quarter worth $53,430,000. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SANM has been the topic of several recent research reports. Weiss Ratings upgraded Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th. Zacks Research raised Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $198.33.

Insider Activity

In related news, CFO Jonathan P. Faust sold 10,076 shares of the stock in a transaction that occurred on 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 sale, the chief financial officer owned 77,000 shares in the company, valued at approximately $20,466,600. This trade represents a 11.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.10% of the company’s stock.

Sanmina Stock Performance

NASDAQ:SANM opened at $217.03 on Tuesday. The stock has a 50 day simple moving average of $218.58 and a 200 day simple moving average of $190.48. The stock has a market cap of $11.63 billion, a P/E ratio of 38.82, a PEG ratio of 0.74 and a beta of 1.59. Sanmina Corporation has a 1-year low of $108.36 and a 1-year high of $288.68. The company has a current ratio of 1.78, a quick ratio of 1.06 and a debt-to-equity ratio of 0.71.

Sanmina (NASDAQ:SANM) last released its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.77 by $0.54. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The company had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.40 billion. During the same period in the previous year, the business earned $1.53 earnings per share. The firm’s quarterly revenue was up 69.7% on a year-over-year basis. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Research analysts anticipate that Sanmina Corporation will post 10.41 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.