Sanmina Corporation $SANM Shares Sold by Delphi Management Inc. MA

Delphi Management Inc. MA lowered its stake in Sanmina Corporation (NASDAQ:SANM) by 22.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,958 shares of the electronics maker’s stock after selling 2,319 shares during the period. Delphi Management Inc. MA’s holdings in Sanmina were worth $1,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Optiver Holding B.V. grew its position in shares of Sanmina by 36.6% during the third quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock worth $25,000 after buying an additional 59 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Sanmina in the third quarter valued at approximately $26,000. Employees Retirement System of Texas acquired a new stake in Sanmina in the fourth quarter valued at approximately $39,000. Northwestern Mutual Wealth Management Co. lifted its stake in Sanmina by 182.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock worth $51,000 after acquiring an additional 219 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in Sanmina by 235.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 369 shares of the electronics maker’s stock worth $55,000 after acquiring an additional 259 shares during the last quarter. Institutional investors and hedge funds own 92.71% of the company’s stock.

Analyst Ratings Changes

SANM has been the topic of a number of recent analyst reports. Susquehanna initiated coverage on shares of Sanmina in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective on the stock. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. JPMorgan Chase & Co. started coverage on Sanmina in a research report on Monday, March 30th. They set 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 report on Thursday, April 30th. Finally, Weiss Ratings upgraded Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

Insiders Place Their Bets

In other news, CFO Jonathan P. Faust sold 10,076 shares of Sanmina stock in a transaction on Friday, May 29th. The shares were sold at an average price of $265.80, for a total value of $2,678,200.80. Following the transaction, the chief financial officer directly owned 77,000 shares of the company’s stock, valued at $20,466,600. The trade was a 11.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jure Sola sold 118,368 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $228.84, for a total transaction of $27,087,333.12. Following the transaction, the chief executive officer directly owned 1,227,573 shares in the company, valued at $280,917,805.32. The trade was a 8.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 156,509 shares of company stock worth $35,699,476. Corporate insiders own 3.10% of the company’s stock.

Sanmina Stock Up 0.7%

Sanmina stock opened at $248.81 on Thursday. Sanmina Corporation has a fifty-two week low of $93.82 and a fifty-two week high of $288.68. 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 market capitalization of $13.34 billion, a P/E ratio of 52.60, a PEG ratio of 0.95 and a beta of 1.54. The stock has a 50-day simple moving average of $230.92 and a 200-day simple moving average of $177.33.

Sanmina (NASDAQ:SANM) last released its quarterly earnings results on Monday, April 27th. The electronics maker reported $3.16 EPS for the quarter, topping the consensus estimate of $2.42 by $0.74. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The company had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same quarter in the previous year, the company posted $1.16 earnings per share. The firm’s revenue was up 102.3% compared to the same quarter last year. 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 research analysts expect that Sanmina Corporation will post 9.36 earnings per share for the current 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.