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 $0.43 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 $7.23 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 Friday, Sanmina Corp [NASDAQ:SANM] saw its stock jump 0.50% to $82.97. Over the last five days, the stock has gained 7.21%. Sanmina Corp shares have risen nearly 9.65% since the year began. Nevertheless, the stocks have risen 68.06% over the past one year. While a 52-week high of $86.05 was reached on 01/16/25, a 52-week low of $48.83 was recorded on 01/02/25. SMA at 50 days reached $78.97, while 200 days put it at $69.84.
Levels Of Support And Resistance For SANM Stock
The 24-hour chart illustrates a support level at 82.40, which if violated will result in even more drops to 81.84. On the upside, there is a resistance level at 83.37. A further resistance level may holdings at 83.78. The Relative Strength Index (RSI) on the 14-day chart is 69.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.79%. Stochastics %K at 92.11% indicates the stock is a selling.
How much short interest is there in Sanmina Corp?
A steep rise in short interest was recorded in Sanmina Corp stocks on 2024-12-31, growing by 71416.0 shares to a total of 1.31 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.24 million shares. There was a rise of 5.45%, which implies that there is a positive sentiment for the stock.
