Hantz Financial Services Inc. Trims Stake in Sanmina Corporation $SANM

Hantz Financial Services Inc. cut its stake in shares of Sanmina Corporation (NASDAQ:SANM) by 64.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,650 shares of the electronics maker’s stock after selling 2,998 shares during the quarter. Hantz Financial Services Inc.’s holdings in Sanmina were worth $248,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Jefferies Financial Group Inc. purchased a new position in shares of Sanmina during the fourth quarter worth approximately $1,250,000. Legato Capital Management LLC bought a new position in shares of Sanmina during the fourth quarter valued at approximately $1,233,000. ProShare Advisors LLC boosted its stake in shares of Sanmina by 1.7% during the fourth quarter. ProShare Advisors LLC now owns 10,476 shares of the electronics maker’s stock valued at $1,572,000 after purchasing an additional 176 shares in the last quarter. Chase Investment Counsel Corp boosted its stake in shares of Sanmina by 5.3% during the fourth quarter. Chase Investment Counsel Corp now owns 26,621 shares of the electronics maker’s stock valued at $3,995,000 after purchasing an additional 1,330 shares in the last quarter. Finally, Leuthold Group LLC boosted its stake in shares of Sanmina by 0.4% during the fourth quarter. Leuthold Group LLC now owns 37,660 shares of the electronics maker’s stock valued at $5,652,000 after purchasing an additional 168 shares in the last quarter. 92.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on SANM shares. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 23rd. Weiss Ratings upgraded shares of Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Susquehanna began coverage on shares of Sanmina in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 target price for the company. Finally, JPMorgan Chase & Co. began coverage on shares of Sanmina in a research note on Monday, March 30th. They issued a “neutral” rating and a $145.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $150.00.

Sanmina Trading Down 1.3%

NASDAQ:SANM opened at $259.73 on Friday. Sanmina Corporation has a 12 month low of $82.45 and a 12 month high of $270.49. The firm has a fifty day simple moving average of $187.68 and a 200-day simple moving average of $165.04. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $13.92 billion, a P/E ratio of 54.91, a PEG ratio of 1.00 and a beta of 1.51.

Sanmina (NASDAQ:SANM) 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. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The firm had revenue of $4.01 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter last year, the company posted $1.16 earnings per share. The firm’s revenue was up 102.3% compared to the same quarter last year. 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 anticipate that Sanmina Corporation will post 9.36 earnings per share for the current year.

Insider Buying and Selling at Sanmina

In related news, Director Joseph G. Licata, Jr. sold 26,565 shares of the firm’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the completion of the transaction, the director owned 27,809 shares of the company’s stock, valued at $5,868,533.27. This trade represents a 48.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David V. Hedley III sold 500 shares of Sanmina stock in a transaction on Friday, May 1st. The shares were sold at an average price of $219.52, for a total transaction of $109,760.00. Following the completion of the transaction, the director directly owned 7,376 shares of the company’s stock, valued at $1,619,179.52. The trade was 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 sold 146,433 shares of company stock worth $33,021,275. 3.10% of the stock is currently owned by company insiders.

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.