Insider Cluster (3 insiders) ·Filed Apr 29, 2026
Insider cluster: 3 insiders, $4.2M total
Actionable Insight • Neutral
Insider selling is too small to warrant a directional trade. Monitor for any larger clusters or changes in insider sentiment. The strong earnings and buyback authorization remain the dominant signals for SANM.
Final — all horizons settled through T+60d
SANM ▼ -17.31% at T+60d
NEUTRAL call ✗ call lost -17.31% · α vs SPY -20.05% · entry $221.89 → $183.48
T+1d
+7.51%
call +7.51% · α +6.12%
$238.55
settled 5mo ago
T+5d
+6.29%
call +6.29% · α +4.30%
$235.84
settled 5mo ago
T+20d
+25.45%
call +25.45% · α +20.50%
$278.36
settled 4mo ago
T+60d
-17.31%
call -17.31% · α -20.05%
$183.48
settled 2mo ago
Price Chart
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Executive Summary
Three Sanmina insiders sold a total of $4.23M in open-market shares over a week following strong Q2 FY2026 earnings. The sales are trivial relative to the $12B market cap (0.035%), suggesting routine profit-taking rather than a bearish signal.
Key Financial Metrics
Direction
selling
Total Value
$4.2M
Insiders
3
Key Facts
- Total open-market sales: $4.23M across 4 trades by 3 insiders
- Sales represent 0.035% of Sanmina's $12B market cap
- Largest sale: Director Joseph Licata sold $3.52M on April 29
- Cluster follows strong Q2 earnings: revenue $4.01B, non-GAAP EPS $3.16, raised FY2026 guidance
- Board authorized $600M share repurchase program on April 27
Financial Impact
Insider sales of $4.23M are immaterial relative to market cap
Risk Factors
- Insider sales could accelerate if stock continues to rally
- Potential for increased selling as lockups or option exercises expire
Market Snapshot
Exchange
Nasdaq
Sector
Printed Circuit Boards
Analyst Consensus
64% bullish (11 analysts)
Investment Themes
Software & IT
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SANM-1777924905428 |
10 reports for SANM
80% Hit rate best @ T+60▲ +22.77%
Filters
Rows
| 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%) |
Showing 10 of 10
US Market Status
Market Closed — Opens Mon (65h 1m)
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