On February 8 it was reported that a Director at Sanmina-Sci (SANM), Mario Rosati, exercised options to sell 4,820 SANM shares at $15.91 a share, for a total transaction value of $161.6K. The options were close to expired and Mario Rosati disposed stocks.
Following Mario Rosati’s last SANM Sell transaction on February 24, 2020, the stock climbed by 6.6%. This is Rosati’s first Sell trade following 3 Buy transactions.
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The company has a one-year high of $35.61 and a one-year low of $18.34. Currently, Sanmina-Sci has an average volume of 334.43K. SANM’s market cap is $2.28 billion and the company has a P/E ratio of 16.20.
The insider sentiment on Sanmina-Sci has been negative according to 36 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) segment. The IMS segment consists of printed circuit board assembly and test, final system assembly and test, and direct-order-fulfillment. The CPS segment includes interconnect systems and mechanical systems. The company was founded by Jure Sola in 1980 and is headquartered in San Jose, CA.
