Sanmina Corp’s recent filing unveils that its insider Venkatesh Vishnu unloaded Company’s shares for reported $0.26 million on May 08 ’25. In the deal valued at $80.71 per share,3,196 shares were sold. As a result of this transaction, Venkatesh Vishnu now holds 21,000 shares worth roughly $1.82 million.
Then, Hedley David V III sold 302 shares, generating $22,786 in total proceeds. Upon selling the shares at $75.45, the Director now owns 7,364 shares.
Before that, Johnson Susan A sold 333 shares. Sanmina Corp shares valued at $27,193 were divested by the Director at a price of $81.66 per share. As a result of the transaction, Johnson Susan A now holds 7,873 shares, worth roughly $0.68 million.
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 Tuesday, Sanmina Corp [NASDAQ:SANM] saw its stock jump 2.86% to $86.61. Over the last five days, the stock has gained 6.44%. Sanmina Corp shares have risen nearly 14.46% since the year began. Nevertheless, the stocks have risen 27.18% over the past one year. While a 52-week high of $91.12 was reached on 02/19/25, a 52-week low of $61.52 was recorded on 04/04/25. SMA at 50 days reached $78.43, while 200 days put it at $76.19.
Levels Of Support And Resistance For SANM Stock
The 24-hour chart illustrates a support level at 85.34, which if violated will result in even more drops to 84.06. On the upside, there is a resistance level at 87.75. A further resistance level may holdings at 88.88. The Relative Strength Index (RSI) on the 14-day chart is 63.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.99, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.54%. Stochastics %K at 80.79% indicates the stock is a selling.
