Today, the EVP, Global Human Resources of Sanmina-Sci Corp (SANM), Alan Mcwilliams Reid, sold shares of SANM for $196.2K.
In addition to Alan Mcwilliams Reid, 4 other SANM executives reported Sell trades in the last month.
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Based on Sanmina-Sci Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.19 billion and quarterly net profit of $37.95 million. In comparison, last year the company earned revenue of $1.74 billion and had a GAAP net loss of $155 million. SANM’s market cap is $2.22B and the company has a P/E ratio of 23.05. Currently, Sanmina-Sci Corp has an average volume of 318.6K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $36.00, reflecting a 10.5% upside.
In the last 30 days, insiders have sold $7.6M worth of SANM shares and purchased $3,000 worth of SANM shares. The insider sentiment on Sanmina-Sci Corp has been negative according to 28 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Sanmina Corp. engages in the provision of integrated manufacturing solutions, components, products and repair, logistics, and after-market services. It operates through the Integrated Manufacturing Solutions (IMS); and Components, Products, and Services (CPS) segments.
