Sanmina Corp’s filing revealed that its Chairman & CEO SOLA JURE unloaded Company’s shares for reported $4.95 million on Aug 13 ’24. In the deal valued at $69.03 per share,71,749 shares were sold. As a result of this transaction, SOLA JURE now holds 1,198,594 shares worth roughly $82.7 million.
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Then, SOLA JURE sold 1 shares, generating $69 in total proceeds. Upon selling the shares at $69.00, the Chairman & CEO now owns 1,198,594 shares.
Before that, SOLA JURE bought 136,355 shares. Sanmina Corp shares valued at $9,476,672 were divested by the Officer at a price of $69.50 per share.
Craig Hallum downgraded its Sanmina Corp [SANM] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Fox Advisors’s analysts, who began to cover the stock in early March with a ‘”an Overweight”‘ rating. Sidoti revised its rating on November 08, 2022. It rated SANM as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SANM
On Tuesday, Sanmina Corp [NASDAQ:SANM] saw its stock jump 1.26% to $69.00. Over the last five days, the stock has gained 1.94%. Sanmina Corp shares have risen nearly 34.32% since the year began. Nevertheless, the stocks have risen 25.14% over the past one year. While a 52-week high of $76.84 was reached on 07/31/24, a 52-week low of $43.40 was recorded on 01/17/24. SMA at 50 days reached $68.65, while 200 days put it at $60.06.
Levels Of Support And Resistance For SANM Stock
The 24-hour chart illustrates a support level at 68.37, which if violated will result in even more drops to 67.73. On the upside, there is a resistance level at 69.78. A further resistance level may holdings at 70.55. The Relative Strength Index (RSI) on the 14-day chart is 48.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.17%. Stochastics%K at 48.00% indicates the stock is a holding.
How much short interest is there in Sanmina Corp?
A steep rise in short interest was recorded in Sanmina Corp stocks on
