The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sanmina Corp shares valued at $257,949 were sold by Venkatesh Vishnu on May 08 ’25. At $80.71 per share, Venkatesh Vishnu sold 3,196 shares. The insider’s holdings dropped to 21,000 shares worth approximately $1.77 million following the completion of this transaction.
Also, Hedley David V III sold 302 shares, netting a total of over 22,786 in proceeds. Following the sale of shares at $75.45 each, the insider now holds 7,364 shares.
Before that, Johnson Susan A had sold 333 shares from its account. In a trade valued at $27,193, the Director traded Sanmina Corp shares for $81.66 each. Upon closing the transaction, the insider’s holdings decreased to 333 shares, worth approximately $0.66 million.
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 0.39%. Over the course of the year, Sanmina Corp shares have jumped approximately 11.60%. 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.
Support And Resistance Levels for Sanmina Corp (SANM)
According to the 24-hour chart, there is a support level at 82.51, which, if violated, would cause prices to drop to 80.57. In the upper region, resistance lies at 85.57. The next price resistance is at 86.69. RSI (Relative Strength Index) is 59.70 on the 14-day chart, showing neutral technical sentiment.
