The CEO's $27.1M sale is the dominant signal — it is 100x larger than the other two sales combined. Monitor for an 8-K filing or earnings pre-announcement in the next 2-4 weeks. If the stock continues to rally without insider buying, the selling cluster increases the risk of a near-term pullback. The historical calibration shows cluster-insider-trades + cluster-earnings-context is an amplifier (PMI=2.11), so any upcoming earnings release could amplify the bearish signal.
Price Chart
Executive Summary
Three Sanmina insiders sold a total of $27.45M in stock over a 7-day window, led by Chairman & CEO Jure Sola's $27.1M sale. This is the largest insider selling cluster at the company in the past 30 days, representing ~0.21% of market cap — a modest but notable amount. The selling is concentrated at the CEO level and follows a period of strong stock appreciation, suggesting potential profit-taking or a lack of conviction at current elevated prices.
Key Financial Metrics
Key Facts
- CEO Jure Sola sold 118,368 shares for $27.1M on May 6, 2026 at $228.84/share
- EVP Global HR Reid McWilliams sold 1,000 shares for $249K on May 8, 2026 at $248.60/share
- Director Hedley David V III sold 500 shares for $110K on May 1, 2026 at $219.52/share
- Total cluster value: $27.45M, representing ~0.21% of $13.2B market cap
- Prior 30-day insider activity: 7 sells totaling $31.9M — this cluster adds $27.45M to that total
- All three transactions were open-market sales (code S)
Financial Impact
$27.45M in insider sales, ~0.21% of market cap
Risk Factors
- CEO selling $27.1M may signal peak valuation or upcoming headwinds
- Cluster follows 30d insider selling of $31.9M — sustained insider liquidation pattern
- Stock may be overbought after recent run-up; insider sales could accelerate profit-taking by other holders
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-1778616111790 |
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
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access