Sanmina Corporation $SANM Shares Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its position in shares of Sanmina Corporation (NASDAQ:SANM) by 52.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,969 shares of the electronics maker’s stock after buying an additional 5,847 shares during the period. Ritholtz Wealth Management’s holdings in Sanmina were worth $1,953,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. TD Waterhouse Canada Inc. grew its position in shares of Sanmina by 27.2% during the second quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock worth $39,000 after acquiring an additional 85 shares during the last quarter. Trail Ridge Investment Advisors LLC grew its position in Sanmina by 2.7% during the 3rd quarter. Trail Ridge Investment Advisors LLC now owns 3,264 shares of the electronics maker’s stock worth $376,000 after purchasing an additional 86 shares during the last quarter. Bank of Montreal Can increased its stake in Sanmina by 1.5% in the second quarter. Bank of Montreal Can now owns 8,814 shares of the electronics maker’s stock valued at $862,000 after purchasing an additional 128 shares during the period. Moloney Securities Asset Management LLC increased its stake in Sanmina by 3.9% in the second quarter. Moloney Securities Asset Management LLC now owns 3,668 shares of the electronics maker’s stock valued at $359,000 after purchasing an additional 138 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in shares of Sanmina by 6.5% in the third quarter. Nisa Investment Advisors LLC now owns 2,753 shares of the electronics maker’s stock valued at $317,000 after buying an additional 168 shares during the last quarter. 92.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Insider Transactions at Sanmina

In other news, insider Vishnu Venkatesh sold 692 shares of Sanmina stock in a transaction that occurred on Wednesday, December 17th. The shares were 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 approximately $3,506,670. This trade represents a 2.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.22% of the company’s stock.

Sanmina Trading Up 1.7%

NASDAQ:SANM opened at $177.44 on Friday. Sanmina Corporation has a 1 year low of $63.67 and a 1 year high of $178.87. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.02 and a current ratio of 1.72. The stock has a fifty day moving average price of $157.50 and a two-hundred day moving average price of $132.87. The stock has a market capitalization of $9.68 billion, a price-to-earnings ratio of 39.78, a PEG ratio of 0.86 and a beta of 1.05.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings results on Monday, November 3rd. The electronics maker reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.10. Sanmina had a net margin of 3.03% and a return on equity of 11.59%. The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.05 billion. During the same period in the prior year, the company posted $1.43 EPS. The business’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. As a group, sell-side analysts anticipate that Sanmina Corporation will post 5.15 earnings per share 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.