Hantz Financial Services Inc. Decreases Stock Position in Sanmina Corporation $SANM

Hantz Financial Services Inc. reduced its position in Sanmina Corporation (NASDAQ:SANM) by 64.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,650 shares of the electronics maker’s stock after selling 2,998 shares during the period. Hantz Financial Services Inc.’s holdings in Sanmina were worth $248,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in SANM. Jefferies Financial Group Inc. purchased a new stake in Sanmina during the 4th quarter valued at $1,250,000. Legato Capital Management LLC purchased a new stake in Sanmina during the 4th quarter valued at $1,233,000. ProShare Advisors LLC raised its stake in Sanmina by 1.7% during the 4th quarter. ProShare Advisors LLC now owns 10,476 shares of the electronics maker’s stock valued at $1,572,000 after buying an additional 176 shares during the last quarter. Chase Investment Counsel Corp raised its stake in Sanmina by 5.3% during the 4th quarter. Chase Investment Counsel Corp now owns 26,621 shares of the electronics maker’s stock valued at $3,995,000 after buying an additional 1,330 shares during the last quarter. Finally, Leuthold Group LLC raised its stake in Sanmina by 0.4% during the 4th quarter. Leuthold Group LLC now owns 37,660 shares of the electronics maker’s stock valued at $5,652,000 after buying an additional 168 shares during the last quarter. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Sanmina Trading Down 1.3%

Shares of Sanmina stock opened at $259.73 on Friday. The company has a market capitalization of $13.92 billion, a P/E ratio of 54.91, a P/E/G ratio of 1.00 and a beta of 1.51. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.03 and a current ratio of 1.71. The company has a fifty day moving average of $187.68 and a 200 day moving average of $165.04. Sanmina Corporation has a fifty-two week low of $82.45 and a fifty-two week high of $270.49.

Sanmina (NASDAQ:SANM) last released its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 EPS for the quarter, beating the consensus estimate of $2.42 by $0.74. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The business had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the prior year, the firm earned $1.16 EPS. The business’s revenue was up 102.3% on a year-over-year basis. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. On average, sell-side analysts anticipate that Sanmina Corporation will post 9.36 earnings per share for the current fiscal year.

Insider Buying and Selling at Sanmina

In related news, CEO Jure Sola sold 118,368 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $280,917,805.32. This trade represents a 8.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the completion of the transaction, the director directly owned 27,809 shares of the company’s stock, valued at approximately $5,868,533.27. The trade was a 48.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 146,433 shares of company stock worth $33,021,275 in the last 90 days. 3.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

SANM has been the subject of several analyst reports. Weiss Ratings upgraded Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. JPMorgan Chase & Co. initiated coverage on Sanmina in a research note on Monday, March 30th. They issued a “neutral” rating and a $145.00 price objective for the company. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Wall Street Zen lowered Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 23rd. Finally, Susquehanna began coverage on Sanmina in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Sanmina presently has a consensus rating of “Moderate Buy” and an average target price of $150.00.

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.