Top Sanmina-Sci Insiders Quietly Unload a Chunk of Shares

Tip Ranks
2026.05.02 02:04
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Insider activity at Sanmina-Sci (SANM) on May 1, 2026, saw Director Joseph Licata sell 26,565 shares for $5.6 million, while SVP Vishnu Venkatesh sold 2,275 shares for $484,120. Despite these sales, SANM shares surged after strong Q2 results, driven by the ZT Systems acquisition and 7.3% organic growth. Analysts are optimistic about SANM's performance, citing strong earnings guidance and cash generation, although there are concerns about balance-sheet risks. The stock is rated as Outperform by TipRanks' AI Analyst, Spark.