Sanmina Co. (NASDAQ:SANM) is Capital Impact Advisors LLC’s 4th Largest Position

Capital Impact Advisors LLC grew its holdings in shares of Sanmina Co. (NASDAQ:SANM – Get Rating) by 5.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,637 shares of the electronics maker’s stock after buying an additional 1,013 shares during the quarter. Sanmina accounts for 1.2% of Capital Impact Advisors LLC’s portfolio, making the stock its 4th largest position. Capital Impact Advisors LLC’s holdings in Sanmina were worth $1,220,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SANM. Citigroup Inc. lifted its position in shares of Sanmina by 3.2% during the first quarter. Citigroup Inc. now owns 66,456 shares of the electronics maker’s stock worth $2,686,000 after purchasing an additional 2,060 shares in the last quarter. MetLife Investment Management LLC lifted its position in shares of Sanmina by 43.6% during the first quarter. MetLife Investment Management LLC now owns 32,196 shares of the electronics maker’s stock worth $1,301,000 after purchasing an additional 9,768 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Sanmina by 12.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 54,791 shares of the electronics maker’s stock worth $2,215,000 after purchasing an additional 6,135 shares in the last quarter. Great West Life Assurance Co. Can lifted its position in shares of Sanmina by 2.2% during the first quarter. Great West Life Assurance Co. Can now owns 56,784 shares of the electronics maker’s stock worth $2,356,000 after purchasing an additional 1,216 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its position in shares of Sanmina by 8.6% during the first quarter. Allianz Asset Management GmbH now owns 200,520 shares of the electronics maker’s stock worth $8,105,000 after purchasing an additional 15,959 shares in the last quarter. 91.22% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Sanmina in a research report on Thursday. They set a “strong-buy” rating on the stock.

Insider Activity at Sanmina

In related news, CFO Kurt Adzema sold 15,482 shares of the company’s stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $61.30, for a total value of $949,046.60. Following the sale, the chief financial officer now directly owns 69,351 shares of the company’s stock, valued at $4,251,216.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Sanmina news, CFO Kurt Adzema sold 15,482 shares of the stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $61.30, for a total transaction of $949,046.60. Following the sale, the chief financial officer now directly owns 69,351 shares of the company’s stock, valued at $4,251,216.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Brent Billinger sold 4,736 shares of the stock in a transaction on Friday, February 3rd. The stock was sold at an average price of $63.43, for a total transaction of $300,404.48. Following the sale, the senior vice president now directly owns 10 shares in the company, valued at $634.30. The disclosure for this sale can be found here. Insiders have sold 33,371 shares of company stock valued at $2,107,072 over the last ninety days. Corporate insiders own 3.03% of the company’s stock.

Sanmina Trading Up 1.2 %

SANM opened at $57.86 on Friday. The stock has a market capitalization of $3.38 billion, a PE ratio of 12.36 and a beta of 1.17. The firm’s fifty day moving average price is $60.58 and its 200 day moving average price is $57.58. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.68 and a quick ratio of 1.02. Sanmina Co. has a 12-month low of $36.35 and a 12-month high of $69.28.

Sanmina (NASDAQ:SANM – Get Rating) last posted its quarterly earnings results on Monday, January 30th. The electronics maker reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.26. The firm had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.15 billion. Sanmina had a net margin of 3.37% and a return on equity of 15.85%. The firm’s quarterly revenue was up 34.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.94 earnings per share.

Sanmina Company Profile

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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 following segments: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). The IMS segment consists of printed circuit board assembly and test, final system assembly and test and direct-order-fulfillment.