Sanmina Corporation $SANM Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. cut its holdings in Sanmina Corporation (NASDAQ:SANM) by 16.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 725,345 shares of the electronics maker’s stock after selling 141,503 shares during the period. Goldman Sachs Group Inc.’s holdings in Sanmina were worth $108,853,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Optiver Holding B.V. raised its stake 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 buying an additional 59 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Sanmina in the third quarter valued at $26,000. Employees Retirement System of Texas acquired a new stake in Sanmina in the fourth quarter valued at $39,000. Northwestern Mutual Wealth Management Co. raised its stake in Sanmina by 182.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock valued at $51,000 after buying an additional 219 shares in the last quarter. Finally, Federated Hermes Inc. raised its stake in Sanmina by 88.6% in the third quarter. Federated Hermes Inc. now owns 464 shares of the electronics maker’s stock valued at $53,000 after buying an additional 218 shares in the last quarter. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Sanmina Stock Down 3.8%

SANM opened at $242.36 on Wednesday. The business’s 50-day simple moving average is $206.33 and its 200-day simple moving average is $170.10. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.03 and a current ratio of 1.71. Sanmina Corporation has a one year low of $85.66 and a one year high of $288.68. The stock has a market capitalization of $12.99 billion, a P/E ratio of 51.24, a price-to-earnings-growth ratio of 0.97 and a beta of 1.54.

Sanmina (NASDAQ:SANM) last posted its earnings results on Monday, April 27th. The electronics maker reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.74. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The business had revenue of $4.01 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the previous year, the firm earned $1.16 earnings per share. The business’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. Analysts anticipate that Sanmina Corporation will post 9.36 EPS for the current year.

Insider Activity

In related news, EVP Alan Mcwilliams Reid sold 1,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $218.17, for a total transaction of $218,170.00. Following the transaction, the executive vice president owned 31,481 shares of the company’s stock, valued at $6,868,209.77. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $211.03, for a total value of $5,606,011.95. Following the transaction, the director directly owned 27,809 shares in the company, valued at approximately $5,868,533.27. This represents a 48.86% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 156,509 shares of company stock valued at $35,699,476. Insiders own 3.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on SANM shares. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Susquehanna started coverage on Sanmina in a research report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 target price on the stock. Weiss Ratings upgraded Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Finally, JPMorgan Chase & Co. started coverage on Sanmina in a research report on Monday, March 30th. They set a “neutral” rating and a $145.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $150.00.

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.