<div id="readability-page-1" class="page"><p>Elo Mutual Pension Insurance Co bought a new position in  Sanmina Corporation (NASDAQ:SANM - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 16,849 shares of the electronics maker's stock, valued at approximately $1,939,000.</p><ul><li>This mid-cap tech stock just jumped 30%...and is still cheap</li></ul><p>Several other hedge funds have also recently modified their holdings of the business. Fisher Asset Management LLC purchased a new stake in shares of  Sanmina during the third quarter valued at $19,207,000.  Journey Strategic Wealth LLC bought a new position in  Sanmina during the 3rd quarter valued at about $213,000.  TIAA Trust National Association boosted its holdings in shares of  Sanmina by 5.7% during the 3rd quarter. TIAA Trust National Association now owns 3,600 shares of the electronics maker's stock valued at $414,000 after acquiring an additional 195 shares during the last quarter.  Choreo LLC grew its stake in shares of  Sanmina by 36.4% in the third quarter. Choreo LLC now owns 4,945 shares of the electronics maker's stock worth $569,000 after acquiring an additional 1,319 shares during the period.  Finally, Brucke Financial Inc. purchased a new position in shares of  Sanmina during the third quarter valued at approximately $183,000. Hedge funds and other institutional investors own  92.71% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>Several brokerages recently issued reports on SANM. Argus raised their target price on shares of Sanmina to $200.00 and gave the stock a &#34;buy&#34; rating in a report on Wednesday, January 28th. Zacks Research raised Sanmina from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Tuesday, February 3rd. Finally, Wall Street Zen cut Sanmina from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research report on Sunday, November 16th. One analyst  has rated the stock with a Strong Buy rating, two have issued  a Buy rating and one  has given a Hold rating to the company's stock. According to data from MarketBeat, Sanmina  has a consensus rating of &#34;Buy&#34; and an average target price of $160.00.</p><ul><li>5 Cheap Ways to Ride The AI Supercycle to Profits</li></ul><p><b>View Our Latest Report on Sanmina</b></p><h2>Insiders Place Their Bets</h2><p>In other Sanmina news, Director David V. Hedley III sold 1,024 shares of the company's stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $162.31, for a total value of $166,205.44. Following the completion of the transaction, the director directly owned 6,340 shares in the company, valued at $1,029,045.40. This represents a 13.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Vishnu Venkatesh sold 692 shares of Sanmina stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $149.22, for a total transaction of $103,260.24. Following the sale, the insider owned 23,500 shares in the company, valued at approximately $3,506,670. The trade was a 2.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 15,291 shares of company stock valued at $2,393,988 over the last three months. Insiders own  3.10% of the company's stock. </p><h2>Sanmina Price Performance</h2><ul><li>3 Inexpensive Mid Cap Tech Stocks With Good Growth Prospects</li></ul><p>NASDAQ SANM opened at $139.55 on Thursday. The company has a current ratio of 1.70, a quick ratio of 1.04 and a debt-to-equity ratio of 0.75. Sanmina Corporation has a 12 month low of $63.67 and a 12 month high of $185.29. The stock has a market cap of $7.62 billion, a price-to-earnings ratio of 33.31, a PEG ratio of 0.62 and a beta of 1.01. The company's 50 day moving average is $155.48 and its two-hundred day moving average is $143.36. </p><p>Sanmina (NASDAQ:SANM - Get Free Report) last announced its quarterly earnings data 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. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The firm had revenue of $3.19 billion during the quarter, compared to analysts' expectations of $3.09 billion. During the same period in the prior year, the company posted $1.16 earnings per share. The company's revenue for the quarter was up 59.0% compared to the same quarter last year. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS.  As a group, research analysts anticipate that  Sanmina Corporation will post 5.15 earnings per share for the current year. </p><h2>Sanmina Company Profile</h2> (Free Report)<p>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.  </p><p>Sanmina's core offerings encompass product design and engineering support, precision PCB fabrication and assembly, system integration, testing, and final system deployment.</p><h2>Read More</h2><ul><li>Five stocks we like better than Sanmina</li><li>The gold chart Wall Street is terrified of…</li><li>America’s 1776 happening again</li><li>Buy this Gold Stock Before May 2026</li><li>What a Former CIA Agent Knows About the Coming Collapse</li><li>“Fed Proof” Your Bank Account with THESE 4 Simple Steps</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0FOTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0FOTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Sanmina Right Now?</h2><p>Before you consider Sanmina, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sanmina wasn't on the list.</p><p>While Sanmina currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Elo Mutual Pension Insurance Co acquired 16,849 shares of Sanmina Corporation (NASDAQ: SANM) valued at approximately $1.94 million in Q3, as per its recent SEC filing. Other hedge funds also increased their stakes in Sanmina. Analysts have given the stock a consensus rating of "Buy" with a target price of $160. Sanmina reported strong quarterly earnings, exceeding estimates, with a revenue increase of 59% year-over-year. The stock opened at $139.55, with a market cap of $7.62 billion and a P/E ratio of 33.31.</p>

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Elo Mutual Pension Insurance Co Acquires New Shares in Sanmina Corporation $SANM