SG Americas Securities LLC Grows Stock Position in Sanmina Corporation $SANM

SG Americas Securities LLC grew its holdings in Sanmina Corporation (NASDAQ:SANM) by 113.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 7,778 shares of the electronics maker’s stock after buying an additional 4,128 shares during the period. SG Americas Securities LLC’s holdings in Sanmina were worth $895,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SANM. TD Waterhouse Canada Inc. raised its position in shares of Sanmina by 27.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock valued at $39,000 after purchasing an additional 85 shares during the last quarter. MAI Capital Management acquired a new position in Sanmina during the 2nd quarter valued at approximately $41,000. Salomon & Ludwin LLC purchased a new position in shares of Sanmina in the third quarter worth $41,000. Harbour Investments Inc. lifted its stake in shares of Sanmina by 1,612.9% during the second quarter. Harbour Investments Inc. now owns 531 shares of the electronics maker’s stock worth $52,000 after buying an additional 500 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Sanmina by 86.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,227 shares of the electronics maker’s stock worth $120,000 after buying an additional 570 shares during the period. Institutional investors and hedge funds own 92.71% of the company’s stock.

Insider Transactions at Sanmina

In other Sanmina news, insider Vishnu Venkatesh sold 692 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total value of $103,260.24. Following the sale, the insider owned 23,500 shares in the company, valued at approximately $3,506,670. This represents a 2.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 3.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Wall Street Zen downgraded Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. Zacks Research lowered Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Sanmina in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $120.00.

Sanmina Price Performance

NASDAQ:SANM opened at $177.44 on Tuesday. The firm’s fifty day moving average is $157.56 and its two-hundred day moving average is $133.62. The firm has a market cap of $9.68 billion, a price-to-earnings ratio of 39.78, a PEG ratio of 0.86 and a beta of 1.05. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.02 and a current ratio of 1.72. Sanmina Corporation has a one year low of $63.67 and a one year high of $178.87.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, November 3rd. The electronics maker reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.10. Sanmina had a return on equity of 11.59% and a net margin of 3.03%.The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter in the previous year, the firm posted $1.43 EPS. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. Research analysts expect that Sanmina Corporation will post 5.15 EPS for the current year.

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.