Insider Selling: Sanmina (NASDAQ:SANM) Director Sells 26,565 Shares of Stock

Key Points

• Insider sale: Director Joseph Licata Jr. sold 26,565 shares on April 29 at an average price of $211.03 for about $5.61 million, reducing his holding by 48.86% to 27,809 shares.
• Quarterly beat and guidance: Sanmina reported EPS of $3.16 (vs. $2.42 expected) and revenue of $4.01 billion (vs. $3.28B expected), with revenue up 102.3% year‑over‑year and FY26 EPS guidance of 10.75–11.35.
• Market and analyst context: Shares traded near $223 (52‑week high $230.56); analysts are mixed with a consensus "Hold" and $150 target despite upgrades from Weiss and Zacks, and institutional investors own about 92.71% of the stock.

Sanmina Corporation (NASDAQ:SANM - Get Free Report) Director Joseph Licata, Jr. sold 26,565 shares of the business's stock in a transaction on 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 completion of the sale, the director owned 27,809 shares in the company, valued at approximately $5,868,533.27. The trade was a 48.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Sanmina Price Performance

Shares of SANM traded up $5.45 during midday trading on Friday, hitting $223.27. 809,725 shares of the company traded hands, compared to its average volume of 842,998. The stock has a market cap of $11.97 billion, a price-to-earnings ratio of 47.20, a PEG ratio of 0.86 and a beta of 1.05. The firm has a 50 day moving average of $147.92 and a 200-day moving average of $151.46. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.04 and a current ratio of 1.71. Sanmina Corporation has a 52 week low of $77.35 and a 52 week high of $230.56.

Sanmina (NASDAQ:SANM - Get Free Report) last issued 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. The firm had revenue of $4.01 billion for the quarter, compared to analysts' expectations of $3.28 billion. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The business's revenue was up 102.3% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, analysts forecast that Sanmina Corporation will post 8.69 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SANM shares. Weiss Ratings upgraded Sanmina from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday. JPMorgan Chase & Co. began coverage on shares of Sanmina in a research report on Monday, March 30th. They issued a "neutral" rating and a $145.00 price target on the stock. Zacks Research lowered shares of Sanmina from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 30th. Argus lifted their price objective on shares of Sanmina to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, January 28th. Finally, Susquehanna initiated coverage on shares of Sanmina in a report on Wednesday, April 1st. They issued a "neutral" rating and a $135.00 target price on the stock. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $150.00.

More Sanmina News

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Zacks upgraded SANM to a Zacks Rank #1 (Strong Buy), signaling near‑term optimism around the company’s earnings trajectory — a blunt catalyst for momentum buyers and funds that follow Zacks rankings. What Makes Sanmina (SANM) a New Strong Buy Stock
• Positive Sentiment: Zacks also added SANM to its list of new Strong Buy additions for May 1 — reinforcing the upgrade and increasing the chance of inflows from rank-driven investors. New Strong Buy Stocks for May 1st
• Positive Sentiment: Sidoti raised multiple near‑term and FY EPS estimates (FY2026 and FY2027 raised, Q1–Q4 cadence nudged higher), implying analysts expect stronger earnings power going forward — supportive for valuation expansion. Sidoti estimate changes (MarketBeat summary)
• Positive Sentiment: A Yahoo Finance deep dive highlights demand from ZT systems integration and AI-related end markets as key drivers for SANM’s Q2 strength — a structural growth story that investors tend to reward. SANM Q2 Deep Dive: ZT Systems Integration and AI Demand Propel Sanmina’s Growth
• Positive Sentiment: Seeking Alpha notes Sanmina’s solid Q2 beat and argues the stock still looks reasonably valued versus FY26 estimates — narrative that can attract value and event‑driven buyers. Sanmina: Solid Q2 Beat, Stock Remains A Bargain
• Neutral Sentiment: Zacks style-score pieces (growth/value/momentum) highlight that SANM scores well across styles — useful context for different investor types but less of an immediate price catalyst than upgrades or estimate changes. Here's Why Sanmina (SANM) is a Strong Growth Stock Why Sanmina (SANM) is a Top Value Stock for the Long-Term

Hedge Funds Weigh In On Sanmina

Several large investors have recently modified their holdings of the stock. Invesco Ltd. lifted its position in Sanmina by 74.6% in the third quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker's stock worth $251,590,000 after buying an additional 933,974 shares during the last quarter. Norges Bank bought a new position in Sanmina during the fourth quarter valued at $101,751,000. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Sanmina in the third quarter valued at $61,946,000. Fisher Asset Management LLC raised its stake in shares of Sanmina by 289.6% in the fourth quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker's stock valued at $97,571,000 after acquiring an additional 483,312 shares during the period. Finally, Marshall Wace LLP lifted its holdings in shares of Sanmina by 520.3% in the 4th quarter. Marshall Wace LLP now owns 428,519 shares of the electronics maker's stock worth $64,308,000 after acquiring an additional 359,441 shares during the last quarter. Institutional investors own 92.71% of the company's stock.

About Sanmina

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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