7,914 Shares in Sanmina Corporation $SANM Purchased by Ausbil Investment Management Ltd

Ausbil Investment Management Ltd bought a new stake in Sanmina Corporation (NASDAQ:SANM) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,914 shares of the electronics maker’s stock, valued at approximately $1,188,000.

Several other institutional investors have also recently bought and sold shares of the company. Invesco Ltd. increased its position in shares of Sanmina by 42.4% during the 2nd 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 last quarter. AlphaQuest LLC boosted its holdings in shares of Sanmina by 10,472.1% in the 3rd quarter. AlphaQuest LLC now owns 10,995 shares of the electronics maker’s stock valued at $1,266,000 after buying an additional 10,891 shares during the last quarter. Frontier Capital Management Co. LLC boosted its holdings 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 buying an additional 213,025 shares during the last quarter. Asset Management One Co. Ltd. bought a new position in shares of Sanmina in the third quarter valued at $1,472,000. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Sanmina during the third quarter worth $5,066,000. Institutional investors own 92.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Argus boosted 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. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $160.00.

Insider Transactions at Sanmina

In other Sanmina news, CFO Jonathan P. Faust sold 10,075 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $159.30, for a total value of $1,604,947.50. Following the transaction, the chief financial officer directly owned 87,076 shares of the company’s stock, valued at $13,871,206.80. This represents a 10.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Alan Mcwilliams Reid sold 3,500 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $148.45, for a total value of $519,575.00. Following the transaction, the executive vice president owned 33,981 shares in the company, valued at $5,044,479.45. The trade was a 9.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 14,599 shares of company stock worth $2,290,728. Company insiders own 3.10% of the company’s stock.

Sanmina Price Performance

NASDAQ:SANM opened at $130.97 on Friday. The company has a market cap of $7.15 billion, a P/E ratio of 31.26, a P/E/G ratio of 0.63 and a beta of 1.01. The firm’s fifty day moving average price is $146.16 and its two-hundred day moving average price is $144.45. Sanmina Corporation has a one year low of $63.67 and a one year high of $185.29. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.04.

Sanmina (NASDAQ:SANM) last posted its earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.23. The company had revenue of $3.19 billion during 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%. Sanmina’s quarterly revenue was up 59.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.16 EPS. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. Equities analysts expect that Sanmina Corporation will post 5.15 earnings per share for the current year.

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.