1 week Ago By ABMN Staff
Pictet Asset Management Holding SA boosted its holdings in Sanmina Co. ( NASDAQ:SANM – Free Report ) by 16.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC.
The fund owned 8,122 shares of the electronics maker’s stock after buying an additional 1,122 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Sanmina were worth $615,000 as of its most recent SEC filing. Other institutional investors also recently modified their holdings of the company.
Captrust Financial Advisors raised its holdings in Sanmina by 19.7% during the 3rd quarter. Captrust Financial Advisors now owns 7,689 shares of the electronics maker’s stock worth $526,000 after buying an additional 1,268 shares during the period.
Verition Fund Management LLC acquired a new stake in shares of Sanmina during the third quarter valued at approximately $425,000. Quantinno Capital Management LP lifted its position in shares of Sanmina by 11.0% in the 3rd quarter.
Quantinno Capital Management LP now owns 3,649 shares of the electronics maker’s stock valued at $250,000 after acquiring an additional 362 shares in the last quarter. Barclays PLC boosted its stake in Sanmina by 296.3% in the 3rd quarter.
Barclays PLC now owns 92,863 shares of the electronics maker’s stock worth $6,358,000 after purchasing an additional 69,431 shares during the period. Finally, Geode Capital Management LLC grew its position in Sanmina by 2.4% during the 3rd quarter.
Geode Capital Management LLC now owns 1,515,128 shares of the electronics maker’s stock worth $103,727,000 after purchasing an additional 35,622 shares in the last quarter. Institutional investors own 92.71% of the company’s stock.
Sanmina Trading Down 0.1 % Shares of NASDAQ:SANM opened at $70.52 on Wednesday.
Sanmina Co. has a 12-month low of $57.52 and a 12-month high of $91.
12. The company has a quick ratio of 1.30, a current ratio of 2.
06 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $3.
83 billion, a P/E ratio of 17.24, a price-to-earnings-growth ratio of 1.29 and a beta of 1.
00. The firm has a fifty day moving average of $80.33 and a two-hundred day moving average of $77.
22. Insider Activity at Sanmina In other news, Director Mario M. Rosati sold 11,391 shares of the firm’s stock in a transaction on Friday, February 21st.
The shares were sold at an average price of $86.02, for a total transaction of $979,853.82.
Following the transaction, the director now owns 80,295 shares in the company, valued at approximately $6,906,975.90. This trade represents a 12.
42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Also, Director Eugene A.
Delaney sold 11,712 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $84.02, for a total transaction of $984,042.
24. Following the completion of the sale, the director now owns 65,408 shares of the company’s stock, valued at $5,495,580.16.
This represents a 15.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Over the last 90 days, insiders sold 33,405 shares of company stock valued at $2,821,682. Insiders own 3.22% of the company’s stock.
Analyst Ratings Changes A number of analysts have recently issued reports on SANM shares. Bank of America upgraded Sanmina from an “underperform” rating to a “neutral” rating and increased their target price for the company from $58.00 to $92.
00 in a report on Wednesday, January 29th. StockNews.com lowered Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 6th.
View Our Latest Stock Report on SANM About Sanmina ( Free Report ) 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.
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