SANM Insider Sales Sparks Investor Curiosity Amid High-Level Stock Transactions and Institutional Confidence.

SANM's Insider Selling Trends Raise Eyebrows Amidst Stock Ownership Revelations

*May 19, 2025*

San Jose, CA - Recent insider trading activities at Sanmina Corporation (NASDAQ: SANM), a leading electronics manufacturing services provider, have unveiled a distinct pattern of share sales by high-ranking executives over the past month, stirring curiosity among investors and analysts about the underlying motives.

In the last month, significant sales were executed by SANM's insiders. Most notably, General Counsel Venkatesh Vishnu divested 3,196 shares on May 8, 2025, at an approximate price of $80.71 per share, amassing approximately $257,949 in total value. This transaction aligns with a broader trend over the past 12 months, where insider sales have been prevalent, raising questions about possible strategic alignments or financial resets within the company.

Analyzing the overall insider transactions from the last year, 39 recorded trades reveal a heavy tilt towards sales, with pivotal figures such as Director Mario M. Rosati and Officer Alan McWilliams contributing significantly to this trend. Notably, transactions occurring in February 2025 saw substantial share sales by Rosati and McWilliams, fetching high per-share prices of up to $90.81, suggesting well-timed capitalizations on market conditions.

This activity is juxtaposed with a series of stock awards and grants, notably the December 31, 2024, awards. CEO Jure Sola received a mammoth 240,000 shares at $75.67 per share, marking a critical point in the company's incentive structure. The sizeable awards to multiple directors and officers highlight ongoing efforts to align executive interests with shareholder value despite the outward flow of shares in sales.

Institutional perspectives provide further depth, with major stakeholders like Blackrock Inc. and Vanguard Group Inc. maintaining substantial but slightly reduced positions. As of March 31, 2025, Blackrock, while owning 16.24% of outstanding shares, reduced their holdings by approximately 4.9%.

Conversely, mutual funds such as iShares Core S&P Small-Cap ETF maintained notable positions with minor adjustments, indicating confidence in SANM's strategic prospects despite the insider selling pattern. This layered ownership structure, where institutional entities hold almost the entire float, underscores a robust external belief in SANM's foundational value and future potential.

Insiders at Sanmina currently hold a modest 3.433% of the company's shares, illustrating a stark contrast to the almost exclusive 99.226% held by institutions. This dynamic suggests a dichotomy between internal activity and external trust, meriting close observation as future financial disclosures and performance updates emerge.

As SANM navigates these internal shifts, stakeholders will be keenly watching how these transactions play into the company's strategic trajectory amidst broader market conditions. Upcoming quarterly results and strategic announcements are expected to shed light on this intriguing interplay of insider motivations and shareholder engagements.