Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sanmina Corp shares valued at $22,786 were sold by Hedley David V III on Mar 18 ’25. At $75.45 per share, Hedley David V III sold 302 shares. The insider’s holdings dropped to 7,364 shares worth approximately $0.55 million following the completion of this transaction.
Also, Johnson Susan A sold 333 shares, netting a total of over 27,193 in proceeds. Following the sale of shares at $81.66 each, the insider now holds 7,873 shares.
Before that, SUSAN ANNE JOHNSON had added 333 shares to its account. In a trade valued at $27,193, the Director bought Sanmina Corp shares for $81.66 each.
As published in a research note from BofA Securities on January 29, 2025, Sanmina Corp [SANM] has been rated up from an Underperform to a Neutral and the price target has been revised to $92 from $58. Analysts at Craig Hallum downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late April. As of March 06, 2024, Fox Advisors has initiated its “an Overweight” rating for SANM.
Analyzing SANM Stock Performance
During the last five days, there has been a surge of approximately 0.38%. Over the course of the year, Sanmina Corp shares have dropped approximately -0.99%. Shares of the company reached a 52-week high of $91.12 on 02/19/25 and a 52-week low of $63.67 on 04/04/25. A 50-day SMA is recorded $79.24, while a 200-day SMA reached $74.80.
Support And Resistance Levels for Sanmina Corp (SANM)
According to the 24-hour chart, there is a support level at 73.24, which, if violated, would cause prices to drop to 71.56. In the upper region, resistance lies at 76.11. The next price resistance is at 77.30. RSI (Relative Strength Index) is 47.62 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.40, which suggests the price will increase in the coming days. Percent R is at 29.59%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
