Sanmina Corporation $SANM Shares Sold by Oliver Luxxe Assets LLC

Key Points

• Oliver Luxxe Assets LLC cut its stake in Sanmina (NASDAQ:SANM) by 37.9% in Q4, selling 10,201 shares and leaving it with 16,705 shares valued at about $2.51 million.
• Sanmina beat Q4 estimates with $2.38 EPS (vs. $2.15 expected) and $3.19 billion revenue (vs. $3.09B expected), with revenue up ~59% year-over-year and Q2 2026 EPS guidance of 2.250–2.550.
• Analysts are generally bullish — market consensus is a "Buy" with a $160 price target, while Argus raised its target to $200 and Zacks upgraded to "strong-buy."

Oliver Luxxe Assets LLC lessened its stake in Sanmina Corporation (NASDAQ:SANM - Free Report) by 37.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,705 shares of the electronics maker's stock after selling 10,201 shares during the quarter. Oliver Luxxe Assets LLC's holdings in Sanmina were worth $2,507,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in SANM. Optiver Holding B.V. raised 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 valued at $25,000 after acquiring an additional 59 shares in the last quarter. Park Avenue Securities LLC grew its holdings in Sanmina by 2.1% during the 4th quarter. Park Avenue Securities LLC now owns 3,248 shares of the electronics maker's stock worth $487,000 after acquiring an additional 68 shares in the last quarter. Vise Technologies Inc. increased its position in shares of Sanmina by 2.0% in the 3rd quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker's stock valued at $417,000 after purchasing an additional 71 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Sanmina by 7.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,127 shares of the electronics maker's stock valued at $129,000 after purchasing an additional 81 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in shares of Sanmina by 1.4% in the 3rd quarter. Allworth Financial LP now owns 5,795 shares of the electronics maker's stock valued at $667,000 after purchasing an additional 81 shares in the last quarter. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SANM has been the subject of several recent analyst reports. Zacks Research raised shares of Sanmina from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 3rd. Argus increased their target price on Sanmina to $200.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, Sanmina presently has a consensus rating of "Buy" and a consensus price target of $160.00.

Sanmina Stock Performance

Shares of SANM opened at $122.86 on Friday. The company has a market capitalization of $6.71 billion, a price-to-earnings ratio of 29.32, a price-to-earnings-growth ratio of 0.56 and a beta of 1.01. Sanmina Corporation has a 52-week low of $63.67 and a 52-week high of $185.29. The company has a quick ratio of 1.04, a current ratio of 1.70 and a debt-to-equity ratio of 0.75. The stock has a 50 day moving average price of $148.84 and a 200 day moving average price of $144.22.

Sanmina (NASDAQ:SANM - Get Free Report) last released its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, topping analysts' consensus estimates of $2.15 by $0.23. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The company had revenue of $3.19 billion for the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter last year, the company earned $1.16 earnings per share. The firm's revenue for the quarter was up 59.0% on a year-over-year basis. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. Research analysts predict that Sanmina Corporation will post 5.15 EPS for the current fiscal year.

Insider Buying and Selling

In other Sanmina news, Director David V. Hedley III sold 1,024 shares of the company's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $162.31, for a total value of $166,205.44. Following the completion of the transaction, the director owned 6,340 shares in the company, valued at $1,029,045.40. This represents a 13.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Alan Mcwilliams Reid sold 3,500 shares of the firm's stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $148.45, for a total value of $519,575.00. Following the transaction, the executive vice president directly owned 33,981 shares in the company, valued at approximately $5,044,479.45. The trade was a 9.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 14,599 shares of company stock worth $2,290,728 in the last ninety days. 3.10% of the stock is owned by corporate insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.