Inspire Investing LLC Takes $1.72 Million Position in Sanmina Corporation $SANM

Inspire Investing LLC bought a new position in Sanmina Corporation (NASDAQ:SANM) during the first quarter, Holdings Channel reports. The firm bought 13,238 shares of the electronics maker’s stock, valued at approximately $1,716,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Invesco Ltd. raised its position in Sanmina by 74.6% during the third quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker’s stock valued at $251,590,000 after acquiring an additional 933,974 shares in the last quarter. Norges Bank purchased a new stake in Sanmina in the 4th quarter worth approximately $101,751,000. Fisher Asset Management LLC boosted its position in Sanmina by 289.6% in the 4th quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock worth $97,571,000 after purchasing an additional 483,312 shares in the last quarter. Marshall Wace LLP grew its stake in shares of Sanmina by 520.3% during the 4th quarter. Marshall Wace LLP now owns 428,519 shares of the electronics maker’s stock worth $64,308,000 after purchasing an additional 359,441 shares during the period. Finally, Alyeska Investment Group L.P. acquired a new stake in shares of Sanmina during the 4th quarter worth approximately $53,430,000. 92.71% of the stock is owned by institutional investors and hedge funds.

Sanmina Stock Up 5.3%

NASDAQ SANM opened at $253.08 on Wednesday. The business has a fifty day moving average price of $237.55 and a 200 day moving average price of $179.66. Sanmina Corporation has a one year low of $95.49 and a one year 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 cap of $13.57 billion, a P/E ratio of 53.51, a P/E/G ratio of 0.92 and a beta of 1.54.

Sanmina (NASDAQ:SANM) last announced its earnings results 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. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The company had revenue of $4.01 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the previous year, the company posted $1.16 EPS. The firm’s quarterly 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. Research analysts anticipate that Sanmina Corporation will post 9.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SANM has been the subject of several recent research reports. JPMorgan Chase & Co. started coverage on shares of Sanmina in a report on Monday, March 30th. They set a “neutral” rating and a $145.00 target price for the company. Wall Street Zen upgraded shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Susquehanna started coverage on shares of Sanmina in a report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective for the company. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings raised shares of 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 assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $150.00.

Insider Transactions at Sanmina

In other news, CFO Jonathan P. Faust sold 10,076 shares of the firm’s stock in a transaction dated 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 approximately $20,466,600. This trade represents a 11.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the business’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the transaction, the director owned 27,809 shares in the company, valued at $5,868,533.27. The trade was 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 valued at $35,699,476. Company insiders own 3.10% of the company’s stock.

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.