BofA Securities analysts upgrades a Neutral rating for Sanmina Corp (SANM)

Sanmina Corp’s recently made public that its Director Johnson Susan A unloaded Company’s shares for reported $66761.0 on May 29 ’25. In the deal valued at $84.83 per share,787 shares were sold. As a result of this transaction, Johnson Susan A now holds 9,582 shares worth roughly $0.94 million.

Then, SUSAN ANNE JOHNSON bought 787 shares, generating $66,761 in total proceeds.

Before that, Venkatesh Vishnu sold 3,196 shares. Sanmina Corp shares valued at $257,949 were divested by the insider at a price of $80.71 per share. As a result of the transaction, Venkatesh Vishnu now holds 21,000 shares, worth roughly $2.07 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 0.67% to $98.49. Over the last five days, the stock has gained 5.17%. Sanmina Corp shares have risen nearly 50.50% since the year began. Nevertheless, the stocks have risen 30.16% over the past one year. While a 52-week high of $98.54 was reached on 07/01/25, a 52-week low of $61.52 was recorded on 04/04/25.

Levels Of Support And Resistance For SANM Stock

The 24-hour chart illustrates a support level at 97.43, which if violated will result in even more drops to 96.37. On the upside, there is a resistance level at 99.30. A further resistance level may holdings at 100.12.

How much short interest is there in Sanmina Corp?

A steep rise in short interest was recorded in Sanmina Corp stocks on 2025-06-13, growing by 0.49 million shares to a total of 2.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.53 million shares. There was a rise of 24.32%, which implies that there is a positive sentiment for the stock.

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