8 stories mentioning SANM
Every FINWIRES story that references SANM, newest first.
Jonathan P Faust, Executive Vice President and Chief Financial Officer, on May 29, 2026, sold 10,076 shares in Sanmina (SANM) for $2,678,150. Following the Form 4 filing with the SEC, Faust has control over a total of 77,000 common shares of the company, with 77,000 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/897723/000110465926069049/xslF345X05/tm2616528-1_4seq1.xml
Alan McWilliams Reid, Executive Vice President, Global Human Resources, on May 26, 2026, sold 5,000 shares in Sanmina (SANM) for $1,271,950. Following the Form 4 filing with the SEC, Reid has control over a total of 24,481 common shares of the company, with 24,481 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/897723/000110465926067464/xslF345X05/tm2615759-1_4seq1.xml
Jure Sola, Chairman & CEO, on May 06, 2026, sold 118,368 shares in Sanmina (SANM) for $27,087,333. Following the Form 4 filing with the SEC, Sola has control over a total of 1,440,443 common shares of the company, with 1,227,573 shares held directly and 212,870 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/897723/000110465926057886/xslF345X05/tm2613939-1_4seq1.xml
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target price by $87 to $250, 19.3x our FY 27 EPS estimate. We increase our FY 26 EPS estimate by $1.16 to $11.23 and raise FY 27's by $1.28 to $12.95. SANM noted strong growth in revenue, particularly in the Communication Networks & Cloud AI Infrastructure segment, which saw significant year-over-year expansion. This growth was attributed to strong demand in areas such as accelerated compute, general-purpose compute, and storage, as well as contributions from both Core Sanmina and the ZT Systems business. Positive momentum was observed in other end markets like Industrial & Energy, where the business is expected to accelerate growth in the second half of the year, particularly in power generation, distribution, and semiconductor capital equipment. There was an emphasis on the company being well prepared for future growth, supported by a diversified customer base, expansion into new programs, and a global manufacturing footprint positioned for anticipated demand in 2027 and 2028.
Joseph G Licata Jr, Director, on April 29, 2026, sold 26,565 shares in Sanmina (SANM) for $5,606,040. Following the Form 4 filing with the SEC, Licata has control over a total of 27,809 common shares of the company, with 27,809 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/897723/000110465926054104/xslF345X05/tm2613246-1_4seq1.xml
Vishnu Venkatesh, Senior Vice President, Global Controller & Chief Accounting Officer, on April 30, 2026, sold 2,275 shares in Sanmina (SANM) for $484,120. Following the Form 4 filing with the SEC, Venkatesh has control over a total of 18,500 common shares of the company, with 18,500 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/897723/000110465926054107/xslF345X05/tm2613246-2_4seq1.xml
Sanmina (SANM) reported late Monday fiscal Q2 adjusted earnings and revenue above market expectations, with sales more than doubling.Shares climbed 13% as intraday trading volume jumped to over 2.20 million from a daily average of about 779,000.Kforce (KFRC) reported late Monday better-than-expected Q1 results, with its Q2 guidance for earnings and revenue also exceeding market expectations.Shares surged 45%, with intraday trading volume of over 945,000 against a daily average of roughly 282,000.Axogen (AXGN) shares jumped 7% after the company reported Tuesday a swing to Q1 adjusted EPS from a a loss a year earlier following a surge in revenue.More than 1.75 million shares traded intraday, compared with a daily average of about 1.03 million.Price: $212.30, Change: $+24.22, Percent Change: +12.88%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:SANM delivered exceptional Q2 results, with revenue of $4.01B (+102% Y/Y) and non-GAAP EPS of $3.16 (+124% Y/Y), crushing guidance of $2.55-$2.85. ZT Systems significantly outperformed expectations with accelerated compute shipments, while core Sanmina grew 7.3% independently. Non-GAAP operating margin expanded to 6.4% from 5.6% prior year, validating our thesis that ZT can deliver immediate accretion while maintaining operational discipline during integration. Management raised FY 26 revenue guidance to $13.7B-$14.3B, based on strong performance and AI infrastructure backlogs visibility. We believe the combination positions SANM well for continued AI infrastructure strategy execution, supported by robust balance sheet with $1.58B cash and new $600M share repurchase authorization. However, elevated leverage from $2.17B total debt requires monitoring despite strong $342M Q2 free cash flow generation comfortably supporting debt service requirements.