Sanmina Corporation $SANM Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its position in Sanmina Corporation (NASDAQ:SANM) by 6.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 564,417 shares of the electronics maker’s stock after selling 38,234 shares during the quarter. JPMorgan Chase & Co.’s holdings in Sanmina were worth $64,970,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SANM. Public Sector Pension Investment Board raised its holdings in shares of Sanmina by 23.8% during the third quarter. Public Sector Pension Investment Board now owns 225,632 shares of the electronics maker’s stock worth $25,972,000 after purchasing an additional 43,409 shares during the period. Leuthold Group LLC boosted its holdings in shares of Sanmina by 3.5% in the 3rd quarter. Leuthold Group LLC now owns 37,492 shares of the electronics maker’s stock valued at $4,316,000 after buying an additional 1,284 shares during the period. Savvy Advisors Inc. bought a new stake in shares of Sanmina during the 3rd quarter valued at about $200,000. Rhumbline Advisers raised its stake in Sanmina by 2.5% during the third quarter. Rhumbline Advisers now owns 163,241 shares of the electronics maker’s stock worth $18,791,000 after acquiring an additional 4,031 shares during the period. Finally, Navellier & Associates Inc. lifted its holdings in Sanmina by 24.1% in the third quarter. Navellier & Associates Inc. now owns 4,910 shares of the electronics maker’s stock worth $565,000 after acquiring an additional 952 shares during the last quarter. Institutional investors own 92.71% of the company’s stock.

Insider Transactions at Sanmina

In related news, insider Vishnu Venkatesh sold 692 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total value of $103,260.24. Following the completion of the sale, the insider owned 23,500 shares of the company’s stock, valued at approximately $3,506,670. The trade was a 2.86% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Alan Mcwilliams Reid sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $148.45, for a total transaction of $519,575.00. Following the completion of the sale, the executive vice president directly owned 33,981 shares of the company’s stock, valued at $5,044,479.45. This represents a 9.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.10% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on SANM shares. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Wall Street Zen downgraded Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. Finally, Argus raised their target price on Sanmina to $200.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $160.00.

Sanmina Price Performance

SANM stock opened at $158.17 on Wednesday. Sanmina Corporation has a one year low of $63.67 and a one year high of $185.29. The firm has a 50-day moving average of $155.58 and a two-hundred day moving average of $142.25. The firm has a market capitalization of $8.64 billion, a PE ratio of 37.75, a P/E/G ratio of 0.67 and a beta of 1.04. The company has a current ratio of 1.70, a quick ratio of 1.04 and a debt-to-equity ratio of 0.75.

Sanmina (NASDAQ:SANM) last released its earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.23. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.The company had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same quarter in the prior year, the company earned $1.16 earnings per share. The company’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. On average, analysts forecast that Sanmina Corporation will post 5.15 earnings per share for the current year.

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.