Sanmina Corp’s filing revealed that its Director Hedley David V III unloaded Company’s shares for reported $22786.0 on Mar 18 ’25. In the deal valued at $75.45 per share,302 shares were sold. As a result of this transaction, Hedley David V III now holds 7,364 shares worth roughly $0.52 million.
Then, Johnson Susan A sold 333 shares, generating $27,193 in total proceeds. Upon selling the shares at $81.66, the Director now owns 7,873 shares.
Before that, SUSAN ANNE JOHNSON bought 333 shares. Sanmina Corp shares valued at $27,193 were divested by the Director at a price of $81.66 per share.
BofA Securities upgraded its Sanmina Corp [SANM] rating to a Neutral from a an Underperform in a research note published on January 29, 2025; the price target was increased to $92 from $58. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in late April from “a Buy” to “a Hold”. Fox Advisors began covering SANM with “an Overweight” recommendation on March 06, 2024.
Price Performance Review of SANM
On Monday, Sanmina Corp [NASDAQ:SANM] saw its stock jump 4.90% to $70.60. Over the last five days, the stock has lost -7.32%. Sanmina Corp shares have fallen nearly -6.70% since the year began. Nevertheless, the stocks have risen 18.98% over the past one year. While a 52-week high of $91.12 was reached on 02/19/25, a 52-week low of $57.52 was recorded on 04/04/25. SMA at 50 days reached $80.56, while 200 days put it at $74.44.
Levels Of Support And Resistance For SANM Stock
The 24-hour chart illustrates a support level at 65.47, which if violated will result in even more drops to 60.33. On the upside, there is a resistance level at 73.98. A further resistance level may holdings at 77.35. The Relative Strength Index (RSI) on the 14-day chart is 37.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.70%. Stochastics %K at 20.40% 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 2025-03-14, dropping by 4901.0 shares to a total of 1.25 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.26 million shares. There was a decline of -0.39%, which implies that there is a negative sentiment for the stock.
