Jonathan Faust Sells 10,075 Shares of Sanmina (NASDAQ:SANM) Stock

Sanmina Corporation (NASDAQ:SANM) CFO Jonathan Faust sold 10,075 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $159.30, for a total transaction of $1,604,947.50. Following the transaction, the chief financial officer directly owned 87,076 shares in the company, valued at approximately $13,871,206.80. This represents a 10.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Sanmina Price Performance

Shares of Sanmina stock opened at $161.43 on Friday. The company has a 50-day simple moving average of $156.27 and a two-hundred day simple moving average of $142.51. Sanmina Corporation has a twelve month low of $63.67 and a twelve month high of $185.29. The stock has a market capitalization of $8.81 billion, a price-to-earnings ratio of 38.53, a price-to-earnings-growth ratio of 0.73 and a beta of 1.04. The company has a quick ratio of 1.04, a current ratio of 1.70 and a debt-to-equity ratio of 0.75.

Sanmina (NASDAQ:SANM) last announced its earnings results on Monday, January 26th. The electronics maker reported $2.38 EPS for the quarter, topping the consensus estimate of $2.15 by $0.23. The company had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.09 billion. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The business’s revenue for the quarter was up 59.0% on a year-over-year basis. During the same period last year, the firm earned $1.16 earnings per share. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. Analysts forecast that Sanmina Corporation will post 5.15 EPS for the current year.

Sanmina News Roundup

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Sanmina’s strong quarterly results and guidance remain a key bullish driver — the company beat revenue and EPS estimates and set Q2 guidance that supports continued growth, which analysts cite as a reason for the post‑earnings rally. Why Is Sanmina (SANM) Up 10.5% Since Last Earnings Report?
• Positive Sentiment: Zacks added SANM to its Rank #1 (Strong Buy) growth list (Feb 25–26), reinforcing momentum and likely attracting growth‑oriented funds and retail buyers. Best Growth Stocks to Buy for February 26th
• Positive Sentiment: Analysts and screens are flagging SANM as trading near its 52‑week highs with upside potential, which can sustain buying interest from momentum traders. 4 Stocks Trading Near 52-Week High With More Upside Potential
• Neutral Sentiment: Mixed analyst commentary and an elevated consensus price target (MarketBeat shows an average target ~ $160 and several buy ratings) create both support and limited upside depending on expectations.
• Negative Sentiment: Insider selling: Director David Hedley III disclosed a sale of 1,024 shares (~$162.31 avg), reducing his position — such filings often trigger short‑term selling pressure. Insider Selling: Sanmina (NASDAQ:SANM) Director Sells 1,024 Shares of Stock
• Negative Sentiment: Material insider sale by the CFO: Jonathan Faust sold 10,075 shares at ~ $159.30, a sizable reduction that amplifies concerns about insider cash‑outs and likely pressured the stock intraday. SEC Filing — CFO Sale
• Negative Sentiment: Media coverage (TipRanks/others) highlighting multiple insiders “cashing out” can amplify negative sentiment and short‑term volatility even if sales are routine or for personal reasons. Top Sanmina-Sci Insiders Quietly Cash Out

Institutional Investors Weigh In On Sanmina

Hedge funds have recently modified their holdings of the company. Invesco Ltd. grew its stake in Sanmina by 42.4% during the second quarter. Invesco Ltd. now owns 1,251,678 shares of the electronics maker’s stock worth $122,452,000 after purchasing an additional 372,829 shares during the period. AlphaQuest LLC boosted its holdings in shares of Sanmina by 10,472.1% during the 3rd quarter. AlphaQuest LLC now owns 10,995 shares of the electronics maker’s stock worth $1,266,000 after buying an additional 10,891 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Sanmina by 1.4% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 175,559 shares of the electronics maker’s stock worth $17,175,000 after buying an additional 2,451 shares during the period. Frontier Capital Management Co. LLC increased its stake in shares of Sanmina by 20.9% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,231,884 shares of the electronics maker’s stock valued at $120,515,000 after acquiring an additional 213,025 shares in the last quarter. Finally, Asset Management One Co. Ltd. bought a new stake in shares of Sanmina in the 3rd quarter valued at $1,472,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

Analyst Ratings Changes

SANM has been the topic of several recent analyst reports. Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 16th. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Finally, Argus upped their target price on Sanmina to $200.00 and gave the stock 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 assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $160.00.

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.