Analysts take a look at Sanmina Corporation (NASDAQ:SANM) having this to say.

June 14, 2018 - By Jason Grubb

Sanmina Corporation (NASDAQ:SANM) LogoInvestors sentiment decreased to 0.66 in 2018 Q1. Its down 0.27, from 0.93 in 2017Q4. It dived, as 47 investors sold Sanmina Corporation shares while 79 reduced holdings. 27 funds opened positions while 56 raised stakes. 63.58 million shares or 2.37% less from 65.12 million shares in 2017Q4 were reported.
Alliancebernstein Limited Partnership invested in 0.04% or 2.14M shares. Assetmark holds 0% or 119 shares in its portfolio. Laurion Capital Mngmt L P holds 0.01% of its portfolio in Sanmina Corporation (NASDAQ:SANM) for 59,769 shares. Goldman Sachs Grp has 0% invested in Sanmina Corporation (NASDAQ:SANM). Martingale Asset Mgmt Lp stated it has 41,649 shares or 0.01% of all its holdings. Jefferies Ltd, a New York-based fund reported 17,425 shares. Springowl Assoc Lc stated it has 0.34% of its portfolio in Sanmina Corporation (NASDAQ:SANM). Riverhead Management Llc holds 0.01% or 6,008 shares in its portfolio. Texas Permanent School Fund has invested 0.02% in Sanmina Corporation (NASDAQ:SANM). Tiaa Cref Management Llc holds 526,177 shares or 0.01% of its portfolio. Quebec – Canada-based Public Sector Pension Invest Board has invested 0.01% in Sanmina Corporation (NASDAQ:SANM). New York-based Blackrock has invested 0.01% in Sanmina Corporation (NASDAQ:SANM). Boothbay Fund Ltd Company holds 10,956 shares or 0.03% of its portfolio. Royal State Bank Of Canada owns 2,762 shares. Virginia Retirement Et Al owns 72,600 shares.

Since February 5, 2018, it had 1 insider purchase, and 3 insider sales for $915,331 activity. Licata Joseph G Jr sold 18,444 shares worth $506,959. $39,497 worth of stock was bought by BILLINGER BRENT on Monday, February 5.

Sanmina Corporation (NASDAQ:SANM) Ratings Coverage

Among 4 analysts covering Sanmina-Sci Corp (NASDAQ:SANM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Sanmina-Sci Corp had 7 analyst reports since December 18, 2017 according to SRatingsIntel. Needham maintained Sanmina Corporation (NASDAQ:SANM) on Wednesday, May 23 with “Buy” rating. Craig Hallum maintained the shares of SANM in report on Wednesday, May 23 with “Buy” rating. On Tuesday, April 24 the stock rating was maintained by Citigroup with “Buy”. Needham maintained Sanmina Corporation (NASDAQ:SANM) rating on Tuesday, April 24. Needham has “Buy” rating and $4000 target. The rating was upgraded by Craig Hallum to “Buy” on Monday, December 18. The stock has “Hold” rating by RBC Capital Markets on Friday, January 19. The company was upgraded on Friday, April 13 by Citigroup. Below is a list of Sanmina Corporation (NASDAQ:SANM) latest ratings and price target changes.

23/05/2018 Broker: Craig Hallum Rating: Buy New Target: $40.0000 Maintain
23/05/2018 Broker: Needham Rating: Buy New Target: $40.0000 Maintain
24/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $32 New Target: $33 Maintain
24/04/2018 Broker: Needham Rating: Buy New Target: $40.0000 Maintain
13/04/2018 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
19/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $31.0 Maintain
18/12/2017 Broker: Craig Hallum Rating: Buy New Target: $44.0 Upgrade

The stock increased 0.33% or $0.1 during the last trading session, reaching $30.5. About 363,677 shares traded. Sanmina Corporation (NASDAQ:SANM) has declined 20.72% since June 14, 2017 and is downtrending. It has underperformed by 33.29% the S&P500.

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The company has market cap of $2.09 billion. The firm offers product design and engineering solutions comprising concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release; manufacturing solutions of components, subassemblies, and complete systems; final system assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services. It currently has negative earnings. It also provides interconnect systems, such as printed circuit board fabrication, backplane, and cable assemblies; and mechanical systems, including enclosures, precision machining, and plastic injection molding; non-volatile DIMMs, solid state drives, and DRAM solutions; defense and aerospace products; storage products; and optical and radio frequency modules.

Another recent and important Sanmina Corporation (NASDAQ:SANM) news was published by which published an article titled: “Sanmina Celebrates 25 Years As A Public Company By Ringing The Nasdaq Stock Market Opening Bell” on May 18, 2018.

Sanmina Corporation (NASDAQ:SANM) Institutional Positions Chart

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