SANM’s short interest surges to 2.03 million shares

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 $66,761 were sold by Johnson Susan A on May 29 ’25. At $84.83 per share, Johnson Susan A sold 787 shares. The insider’s holdings dropped to 9,582 shares worth approximately $1.0 million following the completion of this transaction.

Also, SUSAN ANNE JOHNSON purchased 787 shares, netting a total of over 66,761 in proceeds.

Before that, Venkatesh Vishnu had sold 3,196 shares from its account. In a trade valued at $257,949, the insider traded Sanmina Corp shares for $80.71 each. Upon closing the transaction, the insider’s holdings decreased to 3,196 shares, worth approximately $2.19 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

On last trading session,, Sanmina Corp [NASDAQ: SANM] rose 0.85% to $104.34. The stock’s lowest price that day was $102.97, but it reached a high of $105.7199 in the same session. During the last five days, there has been a surge of approximately 3.06%. Over the course of the year, Sanmina Corp shares have jumped approximately 56.83%. Shares of the company reached a 52-week high of $105.72 on 07/10/25 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 102.97, which, if violated, would cause prices to drop to 101.59. In the upper region, resistance lies at 105.72. The next price resistance is at 107.09. RSI (Relative Strength Index) is 81.43 on the 14-day chart, showing overbought technical sentiment.

Is Sanmina Corp subject to short interest?

Stocks of Sanmina Corp saw a sharp rise in short interest on 2025-06-13 jumping by 0.49 million shares to 2.03 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.53 million shares. A jump of 24.32% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.25 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.25.

Which companies own the most shares of Sanmina Corp (SANM)?

In terms of Sanmina Corp share price expectations, FactSet research, analysts set an average price target of 62 in the next 12 months, down nearly -40.07% from the previous closing price of $103.46. Analysts anticipate Sanmina Corp stock to reach 62 by 2025, with the lowest price target being 62. In spite of this, 2 analysts ranked Sanmina Corp stock as Buy at the end of 2025. On November 08, 2022, Sidoti assigned a price target of “a Buy” to the stock and upgraded coverage with a $78.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.