Mutual Advisors LLC Acquires Shares of 6,770 Sanmina Corporation $SANM

Mutual Advisors LLC bought a new position in Sanmina Corporation (NASDAQ:SANM) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 6,770 shares of the electronics maker’s stock, valued at approximately $779,000.

Several other large investors have also recently modified their holdings of SANM. Invesco Ltd. grew its stake in shares of Sanmina by 42.4% during the second quarter. Invesco Ltd. now owns 1,251,678 shares of the electronics maker’s stock valued at $122,452,000 after buying an additional 372,829 shares during the last quarter. AlphaQuest LLC grew its position in Sanmina by 10,472.1% in the 3rd quarter. AlphaQuest LLC now owns 10,995 shares of the electronics maker’s stock valued at $1,266,000 after acquiring an additional 10,891 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Sanmina by 1.4% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 175,559 shares of the electronics maker’s stock worth $17,175,000 after purchasing an additional 2,451 shares during the period. Frontier Capital Management Co. LLC lifted its position in shares of Sanmina by 20.9% during the second quarter. Frontier Capital Management Co. LLC now owns 1,231,884 shares of the electronics maker’s stock worth $120,515,000 after purchasing an additional 213,025 shares during the last quarter. Finally, Asset Management One Co. Ltd. purchased a new stake in shares of Sanmina during the third quarter valued at $1,472,000. Institutional investors own 92.71% of the company’s stock.

Analyst Upgrades and Downgrades

SANM has been the topic of several recent analyst reports. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Argus raised their target price on shares of Sanmina to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Finally, Wall Street Zen lowered Sanmina from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 16th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $160.00.

Insider Activity at Sanmina

In related news, insider Vishnu Venkatesh sold 692 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total transaction of $103,260.24. Following the completion of the sale, the insider directly owned 23,500 shares in the company, valued at $3,506,670. This represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 3.10% of the company’s stock.

Sanmina Trading Down 2.3%

NASDAQ:SANM opened at $142.34 on Friday. The firm has a 50-day simple moving average of $158.47 and a 200-day simple moving average of $138.33. Sanmina Corporation has a one year low of $63.67 and a one year high of $185.29. The firm has a market cap of $7.77 billion, a P/E ratio of 33.97, a P/E/G ratio of 0.66 and a beta of 1.04. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.04 and a current ratio of 1.70.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.23. The company had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.09 billion. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. Sanmina’s revenue was up 59.0% compared to the same quarter last year. During the same period last year, the company posted $1.16 earnings per share. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. Equities analysts anticipate that Sanmina Corporation will post 5.15 EPS for the current fiscal year.

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.