Stock Traders Purchase High Volume of Sanmina Call Options (NASDAQ:SANM)

Sanmina Corporation (NASDAQ:SANM) was the target of some unusual options trading on Friday. Traders purchased 9,262 call options on the stock. This represents an increase of approximately 1,041% compared to the average volume of 812 call options.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Weiss Ratings lowered Sanmina from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 1st. JPMorgan Chase & Co. assumed coverage on Sanmina in a research report on Monday, March 30th. They issued a “neutral” rating and a $145.00 price target on the stock. Susquehanna assumed coverage on Sanmina in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price target on the stock. Argus raised their price target on Sanmina to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Finally, Zacks Research lowered Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Sanmina has an average rating of “Hold” and an average target price of $150.00.

Insider Activity at Sanmina

In related news, Director David V. Hedley III sold 1,024 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $162.31, for a total value of $166,205.44. Following the transaction, the director owned 6,340 shares in the company, valued at $1,029,045.40. This trade represents a 13.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jonathan P. Faust sold 10,075 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $159.30, for a total value of $1,604,947.50. Following the completion of the transaction, the chief financial officer owned 87,076 shares in the company, valued at approximately $13,871,206.80. This represents a 10.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 14,599 shares of company stock worth $2,290,728 over the last 90 days. Insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SANM. Optiver Holding B.V. raised its stake 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 valued at $25,000 after purchasing an additional 59 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Sanmina in the 3rd quarter valued at about $26,000. Employees Retirement System of Texas acquired a new stake in shares of Sanmina in the 4th quarter valued at about $39,000. Root Financial Partners LLC acquired a new stake in shares of Sanmina in the 3rd quarter valued at about $34,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Sanmina by 182.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock valued at $51,000 after purchasing an additional 219 shares during the period. 92.71% of the stock is currently owned by institutional investors.

Sanmina Stock Performance

SANM stock opened at $192.16 on Friday. The business’s 50-day moving average price is $143.09 and its two-hundred day moving average price is $149.26. The company has a current ratio of 1.70, a quick ratio of 1.04 and a debt-to-equity ratio of 0.75. The firm has a market cap of $10.49 billion, a PE ratio of 45.86, a P/E/G ratio of 0.80 and a beta of 1.05. Sanmina has a 1-year low of $74.90 and a 1-year high of $193.53.

Sanmina (NASDAQ:SANM) last posted its earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.23. The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.09 billion. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.The company’s revenue for the quarter was up 59.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.16 earnings per share. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. As a group, research analysts forecast that Sanmina will post 8.69 earnings per share for the current 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.