Insider Selling: Sanmina (NASDAQ:SANM) EVP Sells $218,170.00 in Stock

Sanmina Corporation (NASDAQ:SANM) EVP Alan Mcwilliams Reid sold 1,000 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $218.17, for a total transaction of $218,170.00. Following the sale, the executive vice president directly owned 31,481 shares of the company’s stock, valued at approximately $6,868,209.77. This represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Alan Mcwilliams Reid also recently made the following trade(s):

• On Friday, February 13th, Alan Mcwilliams Reid sold 3,500 shares of Sanmina stock. The stock was sold at an average price of $148.45, for a total transaction of $519,575.00.

Sanmina Stock Up 7.5%

Sanmina stock opened at $238.55 on Thursday. 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 fifty-two week low of $78.12 and a fifty-two week high of $238.75. The firm has a fifty day moving average price of $151.18 and a two-hundred day moving average price of $153.21. The firm has a market cap of $12.79 billion, a price-to-earnings ratio of 50.43, a P/E/G ratio of 0.85 and a beta of 1.51.

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

Wall Street Analysts Forecast Growth

SANM has been the topic of several recent analyst reports. Zacks Research raised Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Argus raised their price objective on shares of Sanmina to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Weiss Ratings raised shares of Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. initiated coverage on shares of Sanmina in a research note on Monday, March 30th. They set a “neutral” rating and a $145.00 target price for the company. Finally, Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

Hedge Funds Weigh In On Sanmina

Several large investors have recently added to or reduced their stakes in SANM. Optiver Holding B.V. lifted its position in shares of Sanmina by 36.6% in the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 59 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Sanmina during the third quarter valued at approximately $26,000. Root Financial Partners LLC bought a new stake in shares of Sanmina during the third quarter valued at approximately $34,000. Employees Retirement System of Texas bought a new stake in shares of Sanmina during the fourth quarter valued at approximately $39,000. Finally, Salomon & Ludwin LLC acquired a new position in shares of Sanmina in the third quarter valued at $41,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

Trending Headlines about Sanmina

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Q1 beat, raised guidance and $600M buyback — Sanmina reported a sizable Q1 beat (EPS $3.16 vs. $2.42 est.; revenue $4.01B vs. $3.28B est.), raised guidance and approved a $600 million share repurchase program, the core drivers cited for the stock’s rally. Why SANM Is Up 15.1% After Raising Guidance And Approving A $600 Million Buyback
• Positive Sentiment: Analyst and momentum support — Zacks and other outlets have spotlighted SANM as a top momentum/growth pick (Zacks Rank #1, multiple positive write-ups), reinforcing buy-side interest from momentum and growth investors. Are You Looking for a Top Momentum Pick? Why SANM Is a Great Choice
• Neutral Sentiment: Momentum write-ups and 52-week-high attention — Multiple features explain the stock’s surge and technical strength; useful for sentiment but not a fundamental guarantee. Why SANM Is a Top Momentum Stock for the Long Term
• Neutral Sentiment: Valuation questions after big run — Coverage asks whether SANM still offers value after a ~175% one?year move, flagging elevated multiples (PE expansion) that long-term investors should weigh. Does SANM Still Offer Value After A 175% One Year Share Price Surge
• Negative Sentiment: Insider selling — EVP Alan McWilliams Reid sold 1,000 shares recently, a small but visible insider trim that can be read as caution by short?term traders. Alan Mcwilliams Reid SEC filing
• Negative Sentiment: Additional insider sales — Director David Hedley III sold 500 shares; another filing reports a larger 26,565?share sale by Joseph Licata Jr., which could add short?term selling pressure. David Hedley III Sells 500 Shares of SANM Top SANM Insiders Quietly Cash Out

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.