Sanmina Corporation $SANM Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH lessened its stake in Sanmina Corporation (NASDAQ:SANM) by 0.8% in the 4th quarter, Holdings Channel reports. The firm owned 770,688 shares of the electronics maker’s stock after selling 5,916 shares during the period. Allianz Asset Management GmbH’s holdings in Sanmina were worth $115,657,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Optiver Holding B.V. increased its holdings in Sanmina by 36.6% in the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 59 shares during the last quarter. Park Avenue Securities LLC increased its holdings in Sanmina by 2.1% in the 4th quarter. Park Avenue Securities LLC now owns 3,248 shares of the electronics maker’s stock valued at $487,000 after purchasing an additional 68 shares during the last quarter. Vise Technologies Inc. increased its holdings in Sanmina by 2.0% in the 3rd quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock valued at $417,000 after purchasing an additional 71 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Sanmina by 7.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,127 shares of the electronics maker’s stock valued at $129,000 after purchasing an additional 81 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in Sanmina by 1.4% in the 3rd quarter. Allworth Financial LP now owns 5,795 shares of the electronics maker’s stock valued at $667,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 92.71% of the company’s stock.

Insider Buying and Selling at Sanmina

In related news, EVP Alan Mcwilliams Reid sold 1,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $218.17, for a total value of $218,170.00. Following the completion of the sale, the executive vice president directly owned 31,481 shares of the company’s stock, valued at $6,868,209.77. The trade was a 3.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the business’s stock in a transaction on 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 sale, the director directly owned 27,809 shares of the company’s stock, valued at approximately $5,868,533.27. This trade represents a 48.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 156,509 shares of company stock worth $35,699,476. 3.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on SANM shares. Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Weiss Ratings raised shares of Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Susquehanna started coverage on shares of Sanmina in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price target for the company. Finally, JPMorgan Chase & Co. started coverage on shares of Sanmina in a research report on Monday, March 30th. They issued a “neutral” rating and a $145.00 price target for the company. One 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 company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $150.00.

Sanmina Price Performance

Sanmina stock opened at $231.32 on Thursday. The stock has a market cap of $12.40 billion, a P/E ratio of 48.90, a price-to-earnings-growth ratio of 0.93 and a beta of 1.54. The company has a fifty day simple moving average of $208.48 and a 200-day simple moving average of $170.71. Sanmina Corporation has a 12-month low of $85.66 and a 12-month high of $288.68. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77.

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