Sanmina Corporation (NASDAQ:SANM) Short Interest Update

14 Jul 2026, 06:02 by Scott Moore · The Cerbat Gem

Sanmina Corporation (NASDAQ:SANM – Get Free Report) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,008,896 shares, a drop of 52.2% from the June 15th total of 2,110,739 shares. Currently, 1.9% of the shares of the company are sold short. Based on an average daily volume of 2,494,078 shares, the days-to-cover ratio is presently 0.4 days.

Sanmina Trading Down 3.3%

Shares of Sanmina stock opened at $201.80 on Tuesday. The stock has a market capitalization of $10.82 billion, a P/E ratio of 42.66, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. The company has a quick ratio of 1.03, a current ratio of 1.71 and a debt-to-equity ratio of 0.77. The company has a 50-day simple moving average of $241.84 and a 200 day simple moving average of $183.56. Sanmina has a 12-month low of $95.49 and a 12-month high of $288.68.

Sanmina (NASDAQ:SANM – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The electronics maker reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.74. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The firm had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period in the previous year, the business earned $1.16 earnings per share. The company’s revenue for the quarter was up 102.3% compared to the same quarter last year. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. Research analysts expect that Sanmina will post 9.36 earnings per share for the current fiscal year.

Insider Transactions at Sanmina

In other Sanmina news, Director David V. Hedley III sold 500 shares of Sanmina stock in a transaction on Friday, May 1st. The shares were sold at an average price of $219.52, for a total transaction of $109,760.00. Following the sale, the director owned 7,376 shares in the company, valued at $1,619,179.52. The trade was a 6.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jure Sola sold 118,368 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $228.84, for a total transaction of $27,087,333.12. Following the completion of the sale, the chief executive officer directly owned 1,227,573 shares in the company, valued at $280,917,805.32. This trade represents a 8.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 156,509 shares of company stock valued at $35,699,476 over the last 90 days. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of Sanmina

Several large investors have recently made changes to their positions in SANM. Geode Capital Management LLC increased its position in Sanmina by 3.7% in the 4th quarter. Geode Capital Management LLC now owns 1,629,023 shares of the electronics maker’s stock valued at $244,500,000 after acquiring an additional 58,529 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Sanmina by 21,174.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 25,529 shares of the electronics maker’s stock worth $3,831,000 after purchasing an additional 25,409 shares in the last quarter. Legato Capital Management LLC acquired a new position in shares of Sanmina during the fourth quarter worth approximately $1,233,000. Fisher Asset Management LLC grew its stake in shares of Sanmina by 289.6% during the fourth quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock valued at $97,571,000 after purchasing an additional 483,312 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of Sanmina by 7.0% during the fourth quarter. Principal Financial Group Inc. now owns 311,919 shares of the electronics maker’s stock valued at $46,810,000 after purchasing an additional 20,462 shares during the last quarter. Institutional investors own 92.71% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SANM. Susquehanna assumed coverage on shares of Sanmina in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price target for the company. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. JPMorgan Chase & Co. started coverage on Sanmina in a report on Monday, March 30th. They issued a “neutral” rating and a $145.00 target price for the company. Weiss Ratings upgraded Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Finally, Zacks Research downgraded Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $160.00.

View Our Latest Stock Analysis on SANM

Sanmina Company Profile

(Get Free Report)

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.