Royce & Associates LP Decreases Stock Holdings in Sanmina Corporation $SANM

Royce & Associates LP reduced its stake in shares of Sanmina Corporation (NASDAQ:SANM) by 70.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,305 shares of the electronics maker’s stock after selling 188,206 shares during the quarter. Royce & Associates LP owned approximately 0.14% of Sanmina worth $11,751,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Optiver Holding B.V. lifted its stake in shares of Sanmina by 36.6% during the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 59 shares during the last quarter. Park Avenue Securities LLC lifted its stake in shares of 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 purchasing an additional 68 shares during the last quarter. Vise Technologies Inc. lifted its stake in shares of Sanmina by 2.0% during the 3rd quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock worth $417,000 after purchasing an additional 71 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Sanmina by 7.7% in the third quarter. Jones Financial Companies Lllp now owns 1,127 shares of the electronics maker’s stock worth $129,000 after purchasing an additional 81 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in Sanmina by 1.4% in the third quarter. Allworth Financial LP now owns 5,795 shares of the electronics maker’s stock worth $667,000 after purchasing an additional 81 shares during the last quarter. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Sanmina

In other Sanmina news, Director Joseph G. Licata, Jr. sold 26,565 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total value of $5,606,011.95. Following the sale, the director directly owned 27,809 shares of the company’s stock, valued at approximately $5,868,533.27. This represents a 48.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jure Sola sold 118,368 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $228.84, for a total transaction of $27,087,333.12. Following the completion of the sale, the chief executive officer directly owned 1,227,573 shares in the company, valued at approximately $280,917,805.32. The trade was a 8.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 146,433 shares of company stock valued at $33,021,275 in the last three months. Company insiders own 3.10% of the company’s stock.

Sanmina Price Performance

Shares of SANM opened at $261.82 on Thursday. The firm has a market capitalization of $14.03 billion, a PE ratio of 55.35, a price-to-earnings-growth ratio of 1.00 and a beta of 1.51. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.71 and a quick ratio of 1.03. Sanmina Corporation has a 1-year low of $82.45 and a 1-year high of $266.25. The company’s fifty day moving average price is $182.22 and its 200-day moving average price is $163.72.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.74. The firm had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.28 billion. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The business’s quarterly revenue was up 102.3% compared to the same quarter last year. During the same period in the previous year, the company earned $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, equities research analysts predict that Sanmina Corporation will post 9.36 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Susquehanna assumed coverage on shares of Sanmina in a report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price target on the stock. Argus lifted their price target on shares of Sanmina to $200.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 23rd. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Finally, Weiss Ratings lowered shares of Sanmina from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $150.00.

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.