The insider sales are negligible relative to Sanmina's size and follow a strong earnings report. No bearish signal; focus on the company's raised FY2026 guidance and $600M buyback as positive catalysts.
Price Chart
Executive Summary
Two Sanmina insiders sold $4.01M in stock (0.034% of market cap) within a week of the company reporting strong Q2 FY2026 earnings and announcing a $600M buyback. The dollar value is trivial relative to market cap, indicating routine portfolio adjustments rather than a bearish signal.
Key Financial Metrics
Key Facts
- Director Joseph Licata sold 16,529 shares at $213.26, totaling $3.52M.
- Officer Vishnu Venkatesh sold 2,275 shares at $212.80, totaling $0.48M.
- Combined insider sales of $4.01M represent 0.034% of Sanmina's $11.7B market cap.
- Sales occurred 2-3 days after Sanmina reported Q2 FY2026 results that beat guidance and announced a $600M share repurchase program.
Financial Impact
Insider sales of $4.01M (0.034% of market cap) are immaterial.
Risk Factors
- Insider selling could accelerate if management sees headwinds from tariff or demand shifts.
- Forward guidance relies on sustained AI infrastructure demand, which may be volatile.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SANM-1777665771390 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 27, 2026 9w ago | 8-K | $172.43 $191.11 | ▲ +10.83% | ▲ +7.45% | $229.04 (+32.83%) |
Jul 27, 2026 9w ago | Press Release | $172.43 $191.11 | ▲ +10.83% | ▲ +7.45% | $229.04 (+32.83%) |
Jul 13, 2026 11w ago | Press Release | $207.59 $202.75 | ▼ −2.33% | ▼ −4.82% | $229.04 (+10.33%) |
Jun 1, 2026 17w ago | Insider Cluster | $278.36 $246.39 | ▼ −11.49% | ▼ −9.92% | $229.04 (−17.72%) |
May 1, 2026 22w ago | Insider Cluster | $223.27 $264.88 | ▼ −18.64% | ▼ −13.35% | $229.04 (−2.58%) |
Apr 29, 2026 22w ago | Insider Cluster | $208.67 $261.82 | ▲ +25.47% | ▲ +20.01% | $229.04 (+9.76%) |
Apr 29, 2026 22w ago | Insider Cluster | $208.67 $261.82 | ▲ +25.47% | ▲ +20.01% | $229.04 (+9.76%) |
Apr 29, 2026 22w ago | Insider Cluster | $221.89 $278.36 | ▲ +25.45% | ▲ +20.50% | $229.04 (+3.22%) |
Apr 29, 2026 22w ago | Insider Cluster | $208.67 $261.82 | ▲ +25.47% | ▲ +20.01% | $229.04 (+9.76%) |
Feb 24, 2026 31w ago | Insider Cluster | $158.17 $134.80 | ▲ +14.78% | ▲ +9.79% | $229.04 (−44.81%) |
US Market Status
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