Y Intercept Hong Kong Ltd Invests $3.01 Million in Sanmina Corporation $SANM

Y Intercept Hong Kong Ltd bought a new stake in Sanmina Corporation (NASDAQ:SANM) during the third quarter, HoldingsChannel reports. The institutional investor bought 26,156 shares of the electronics maker’s stock, valued at approximately $3,011,000.

Several other hedge funds also recently bought and sold shares of SANM. Root Financial Partners LLC purchased a new stake in shares of Sanmina in the third quarter valued at $34,000. TD Waterhouse Canada Inc. raised its stake in Sanmina by 27.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock valued at $39,000 after purchasing an additional 85 shares during the last quarter. MAI Capital Management purchased a new position in Sanmina in the 2nd quarter valued at about $41,000. Salomon & Ludwin LLC purchased a new position in Sanmina in the 3rd quarter valued at about $41,000. Finally, Harbour Investments Inc. boosted its stake in shares of Sanmina by 1,612.9% during the 2nd quarter. Harbour Investments Inc. now owns 531 shares of the electronics maker’s stock worth $52,000 after purchasing an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 92.71% of the company’s stock.

Analysts Set New Price Targets

SANM has been the topic of several recent analyst reports. Zacks Research downgraded shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Wall Street Zen downgraded Sanmina from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 16th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sanmina currently has an average rating of “Hold” and an average target price of $120.00.

Sanmina Price Performance

Shares of Sanmina stock opened at $148.85 on Tuesday. The stock has a market capitalization of $8.12 billion, a P/E ratio of 34.62, a PEG ratio of 0.86 and a beta of 1.05. The company has a current ratio of 1.72, a quick ratio of 1.02 and a debt-to-equity ratio of 0.11. The business’s fifty day moving average price is $159.22 and its 200 day moving average price is $136.31. Sanmina Corporation has a twelve month low of $63.67 and a twelve month high of $185.29.

Sanmina (NASDAQ:SANM) last released its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.23. The business had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.09 billion. Sanmina had a return on equity of 11.59% and a net margin of 3.03%.The company’s revenue was up 59.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.16 EPS. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. As a group, research analysts anticipate that Sanmina Corporation will post 5.15 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Vishnu Venkatesh sold 692 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total value 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 represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.22% of the company’s stock.

More Sanmina News

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Q1 results beat expectations — Non‑GAAP EPS $2.38 vs. $2.15 consensus; revenue $3.19B vs. $3.09B consensus; revenue +59% year-over-year, signaling strong demand. Sanmina Reports First Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Company cites a surge in revenue driven by expansion into AI infrastructure — this reinforces investor expectations for durable, higher‑margin design and systems work tied to AI datacenter demand. Sanmina reports surge in revenue driven by AI infrastructure expansion
• Positive Sentiment: Q2 EPS guidance (FY Q2 2026) issued at $2.25–$2.55, above the Street EPS consensus — suggests profitability/margin confidence even as revenue guide was tempered. Sanmina Reports First Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Management set an aggressive longer‑term target (about $16B revenue by 2027), driven by AI growth and the planned integration of ZT Systems — a bullish signal for revenue scale and market opportunity if execution stays on track. Sanmina targets $16B revenue in 2027 with AI-driven growth and ZT Systems integration
• Neutral Sentiment: Full earnings call transcript and slide deck are available for investors to review management’s market commentary and segment-level color (useful for due diligence). Sanmina Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Press and call highlights (summary of results and strategic points) are posted for quick review. Sanmina Q1 2026 Earnings Call Highlights
• Negative Sentiment: Revenue guidance for Q2 ($3.1B–$3.4B) came in below the consensus (~$3.5B), which triggered an initial sell‑off as investors weighed near‑term demand uncertainty despite the beat. Sanmina shares tumble as revenue guidance falls short

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.