3,377 Shares in Sanmina Corporation $SANM Acquired by Aristides Capital LLC

Key Points

• Aristides Capital LLC acquired 3,377 shares of Sanmina Corporation, valued at approximately $257,000, marking a new stake for the firm in the first quarter.
• Sanmina reported earnings of $1.53 per share for the last quarter, exceeding the consensus estimate by $0.11, and saw a 10.9% year-over-year revenue increase.
• Research firms have recently adjusted their target price for Sanmina, with Bank of America raising it from $100.00 to $120.00, while the consensus rating remains a "Hold" with an average target price of $94.50.

Aristides Capital LLC acquired a new stake in shares of Sanmina Corporation (NASDAQ:SANM - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 3,377 shares of the electronics maker's stock, valued at approximately $257,000.

A number of other institutional investors have also added to or reduced their stakes in SANM. Nuveen LLC purchased a new stake in Sanmina during the 1st quarter valued at approximately $50,510,000. Alyeska Investment Group L.P. purchased a new position in shares of Sanmina in the fourth quarter valued at $34,868,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Sanmina in the fourth quarter valued at $12,928,000. Invesco Ltd. grew its holdings in shares of Sanmina by 22.7% in the first quarter. Invesco Ltd. now owns 878,849 shares of the electronics maker's stock valued at $66,951,000 after purchasing an additional 162,465 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Sanmina by 10,112.8% in the first quarter. GAMMA Investing LLC now owns 131,030 shares of the electronics maker's stock valued at $9,982,000 after purchasing an additional 129,747 shares in the last quarter. 92.71% of the stock is owned by hedge funds and other institutional investors.

Sanmina Stock Down 0.0%

NASDAQ:SANM opened at $115.44 on Tuesday. The company has a current ratio of 1.91, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $105.99 and a 200-day simple moving average of $89.52. The company has a market cap of $6.15 billion, a price-to-earnings ratio of 24.72, a price-to-earnings-growth ratio of 1.69 and a beta of 1.14. Sanmina Corporation has a twelve month low of $62.76 and a twelve month high of $125.76.

Sanmina (NASDAQ:SANM - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The electronics maker reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.11. Sanmina had a return on equity of 11.30% and a net margin of 3.22%.The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the previous year, the company posted $1.25 earnings per share. The firm's quarterly revenue was up 10.9% on a year-over-year basis. Sanmina has set its Q4 2025 guidance at 1.520-1.620 EPS. Analysts anticipate that Sanmina Corporation will post 5.15 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on SANM. Bank of America raised their target price on shares of Sanmina from $100.00 to $120.00 and gave the company a "neutral" rating in a report on Friday, July 11th. Wall Street Zen downgraded Sanmina from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $94.50.

Sanmina Company Profile

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.

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