50,000 Shares in Sanmina Corporation $SANM Acquired by Heartland Advisors Inc.

Heartland Advisors Inc. acquired a new stake in Sanmina Corporation (NASDAQ:SANM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 50,000 shares of the electronics maker’s stock, valued at approximately $12,654,000. Heartland Advisors Inc. owned about 0.09% of Sanmina at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Danske Bank A S acquired a new stake in shares of Sanmina during the 2nd quarter valued at $25,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Sanmina during the third quarter valued at about $26,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Sanmina during the second quarter worth about $31,000. N.E.W. Advisory Services LLC bought a new position in Sanmina in the 2nd quarter valued at approximately $36,000. Finally, Employees Retirement System of Texas acquired a new stake in Sanmina during the 4th quarter worth approximately $39,000. Institutional investors own 92.71% of the company’s stock.

Insider Activity at Sanmina

In related 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 transaction 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. This trade represents a 11.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is currently owned by corporate insiders.

Sanmina Trading Down 1.0%

NASDAQ:SANM opened at $188.89 on Friday. Sanmina Corporation has a 52 week low of $110.44 and a 52 week high of $288.68. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.06 and a current ratio of 1.78. The firm’s fifty day moving average is $214.52 and its 200-day moving average is $191.41. The firm has a market cap of $10.12 billion, a P/E ratio of 33.79, a P/E/G ratio of 0.67 and a beta of 1.59.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.77 by $0.54. Sanmina had a return on equity of 19.08% and a net margin of 2.41%.The firm had revenue of $3.46 billion for the quarter, compared to analysts’ expectations of $3.40 billion. During the same period in the prior year, the business earned $1.53 EPS. The company’s revenue for the quarter was up 69.7% compared to the same quarter last year. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Equities analysts expect that Sanmina Corporation will post 10.41 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on SANM shares. Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Weiss Ratings lowered Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. cut their target price on Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $198.33.

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.