Sanmina Corp’s recent filing unveils that its Director Hedley David V III unloaded Company’s shares for reported $24024.0 on Dec 17 ’24. In the deal valued at $79.55 per share,302 shares were sold. As a result of this transaction, Hedley David V III now holds 5,170 shares worth roughly $0.39 million.
Then, Johnson Susan A sold 625 shares, generating $49,675 in total proceeds. Upon selling the shares at $79.48, the Director now owns 8,206 shares.
Before that, DELANEY EUGENE A sold 5,079 shares. Sanmina Corp shares valued at $421,913 were divested by the Director at a price of $83.07 per share. As a result of the transaction, DELANEY EUGENE A now holds 87,120 shares, worth roughly $6.59 million.
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 Monday, Sanmina Corp [NASDAQ:SANM] saw its stock fall -1.30% to $75.64. Over the last five days, the stock has lost -1.28%. Sanmina Corp shares have risen nearly 47.25% since the year began. Nevertheless, the stocks have risen 44.88% over the past one year. While a 52-week high of $86.05 was reached on 11/06/24, a 52-week low of $48.83 was recorded on 01/17/24. SMA at 50 days reached $76.50, while 200 days put it at $68.74.
Levels Of Support And Resistance For SANM Stock
The 24-hour chart illustrates a support level at 74.72, which if violated will result in even more drops to 73.81. On the upside, there is a resistance level at 76.43. A further resistance level may holdings at 77.23. The Relative Strength Index (RSI) on the 14-day chart is 40.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.21%. Stochastics %K at 18.13% indicates the stock is a buying.
How much short interest is there in Sanmina Corp?
A steep rise in short interest was recorded in Sanmina Corp stocks on 2024-12-13, growing by 82263.0 shares to a total of 1.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.36 million shares. There was a rise of 5.71%, which implies that there is a positive sentiment for the stock.
