8,331 Shares in Sanmina Corporation $SANM Acquired by Jefferies Financial Group Inc.

Key Points

• Jefferies Financial Group disclosed a new fourth-quarter position in Sanmina, buying 8,331 shares valued at about $1.25 million.
• Sanmina reported better-than-expected quarterly results, with EPS of $3.16 versus $2.42 expected and revenue of $4.01 billion versus $3.28 billion expected. Revenue also jumped 102.3% year over year.
• Despite the strong results, insider selling and mixed analyst views remain notable: executives sold shares recently, and Wall Street ratings currently average to Moderate Buy with a $150 target price.

Jefferies Financial Group Inc. acquired a new position in Sanmina Corporation (NASDAQ:SANM - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,331 shares of the electronics maker's stock, valued at approximately $1,250,000.

A number of other hedge funds have also recently added to or reduced their stakes in SANM. Optiver Holding B.V. increased its holdings in Sanmina by 36.6% in the third quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker's stock worth $25,000 after buying an additional 59 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Sanmina during the third quarter valued at approximately $26,000. Federated Hermes Inc. grew its holdings in Sanmina by 88.6% during the third quarter. Federated Hermes Inc. now owns 464 shares of the electronics maker's stock valued at $53,000 after purchasing an additional 218 shares during the last quarter. TD Waterhouse Canada Inc. grew its holdings in Sanmina by 40.5% during the third quarter. TD Waterhouse Canada Inc. now owns 559 shares of the electronics maker's stock valued at $65,000 after purchasing an additional 161 shares during the last quarter. Finally, Danske Bank A S acquired a new position in Sanmina during the third quarter valued at approximately $69,000. Institutional investors and hedge funds own 92.71% of the company's stock.

Insider Activity at Sanmina

In other Sanmina news, EVP Alan Mcwilliams Reid sold 1,000 shares of Sanmina stock in a transaction on Friday, May 1st. The shares were sold at an average price of $218.17, for a total transaction of $218,170.00. Following the sale, the executive vice president owned 31,481 shares in the company, valued at $6,868,209.77. The trade was a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director David V. Hedley III sold 500 shares of Sanmina stock in a transaction on Friday, May 1st. The stock was sold at an average price of $219.52, for a total transaction of $109,760.00. Following the sale, the director owned 7,376 shares in the company, valued at $1,619,179.52. This represents a 6.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 146,433 shares of company stock worth $33,021,275. Insiders own 3.10% of the company's stock.

Sanmina Trading Up 0.5%

Shares of Sanmina stock opened at $263.23 on Friday. The company's fifty day simple moving average is $184.98 and its 200-day simple moving average is $164.37. The company has a market cap of $14.11 billion, a price-to-earnings ratio of 55.65, a PEG ratio of 1.00 and a beta of 1.51. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77. Sanmina Corporation has a 1 year low of $82.45 and a 1 year high of $270.49.

Sanmina (NASDAQ:SANM - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $3.28 billion. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. Sanmina's quarterly revenue was up 102.3% on a year-over-year basis. During the same quarter last year, the company posted $1.16 earnings per share. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. As a group, sell-side analysts expect that Sanmina Corporation will post 9.36 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on SANM. Weiss Ratings downgraded Sanmina from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, May 13th. Susquehanna began coverage on Sanmina in a report on Wednesday, April 1st. They set a "neutral" rating and a $135.00 price target on the stock. Wall Street Zen downgraded Sanmina from a "strong-buy" rating to a "buy" rating in a report on Saturday, May 23rd. Zacks Research upgraded Sanmina from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. assumed coverage on Sanmina in a report on Monday, March 30th. They set a "neutral" rating and a $145.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Sanmina currently has an average rating of "Moderate Buy" and an average target price of $150.00.

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.

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