Sanmina Co. (NASDAQ:SANM – Get Rating) SVP Brent Billinger sold 2,520 shares of the company’s stock in a transaction on Wednesday, May 4th. The shares were sold at an average price of $42.33, for a total value of $106,671.60. Following the completion of the transaction, the senior vice president now directly owns 11,742 shares in the company, valued at $497,038.86. The sale was disclosed in a filing with the SEC, which is available through this link.
NASDAQ:SANM opened at $40.79 on Friday. Sanmina Co. has a 52-week low of $35.06 and a 52-week high of $44.26. The business’s fifty day moving average is $40.44 and its 200 day moving average is $39.77. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.14 and a current ratio of 1.65. The firm has a market cap of $2.59 billion, a price-to-earnings ratio of 9.49, a PEG ratio of 0.98 and a beta of 0.98.
Sanmina (NASDAQ:SANM – Get Rating) last posted its quarterly earnings results on Monday, May 2nd. The electronics maker reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.13. Sanmina had a return on equity of 12.92% and a net margin of 4.10%. During the same quarter last year, the business posted $0.87 EPS.
SANM has been the topic of several research analyst reports. Zacks Investment Research raised Sanmina from a “sell” rating to a “hold” rating in a research note on Wednesday, April 6th. StockNews.com upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Thursday, April 28th.
Sanmina Company Profile (Get Rating)
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.
- Get a free copy of the StockNews.com research report on Sanmina (SANM)
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