Independent Financial Group LLC Makes New $508,000 Investment in Sanmina Corporation $SANM

Independent Financial Group LLC acquired a new stake in shares of Sanmina Corporation (NASDAQ:SANM) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,919 shares of the electronics maker’s stock, valued at approximately $508,000.

Other large investors have also modified their holdings of the company. Invesco Ltd. lifted its position in Sanmina by 74.6% in the third quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker’s stock worth $251,590,000 after purchasing an additional 933,974 shares during the period. Norges Bank bought a new stake in Sanmina in the 4th quarter valued at $101,751,000. Fisher Asset Management LLC increased its holdings in Sanmina by 289.6% in the 4th quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock valued at $97,571,000 after buying an additional 483,312 shares during the period. Marshall Wace LLP raised its stake in shares of Sanmina by 520.3% in the 4th quarter. Marshall Wace LLP now owns 428,519 shares of the electronics maker’s stock valued at $64,308,000 after buying an additional 359,441 shares in the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Sanmina in the 4th quarter valued at $53,430,000. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Joseph G. Licata, Jr. sold 26,565 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $5,868,533.27. The trade was a 48.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jure Sola sold 118,368 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $228.84, for a total value of $27,087,333.12. Following the sale, the chief executive officer directly owned 1,227,573 shares of the company’s stock, valued at $280,917,805.32. This represents a 8.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 156,509 shares of company stock worth $35,699,476 over the last ninety days. 3.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

SANM has been the topic of several recent research reports. Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. Zacks Research lowered shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Weiss Ratings upgraded shares of Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 15th. JPMorgan Chase & Co. assumed coverage on Sanmina in a research note on Monday, March 30th. They issued a “neutral” rating and a $145.00 price objective on the stock. Finally, Susquehanna started coverage on Sanmina in a report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 target price for the company. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Sanmina has a consensus rating of “Hold” and an average price target of $160.00.

Sanmina Stock Up 0.6%

SANM opened at $218.56 on Friday. The firm’s 50-day simple moving average is $237.03 and its 200-day simple moving average is $186.62. 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 twelve month low of $95.49 and a twelve month high of $288.68. The firm has a market cap of $11.71 billion, a price-to-earnings ratio of 46.21, a PEG ratio of 0.83 and a beta of 1.56.

Sanmina (NASDAQ:SANM) last announced 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 firm had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $3.28 billion. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The firm’s quarterly revenue was up 102.3% on a year-over-year basis. During the same period last year, the firm posted $1.16 EPS. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. Equities research analysts anticipate that Sanmina Corporation will post 9.36 EPS for the current fiscal year.

Sanmina Company 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.