Livforsakringsbolaget Skandia Omsesidigt cut its stake in Sanmina Corp (NASDAQ:SANM) by 8.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,800 shares of the electronics maker’s stock after selling 8,500 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Sanmina were worth $2,672,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in SANM. Vigilant Capital Management LLC acquired a new stake in Sanmina during the 2nd quarter valued at approximately $147,000. Sun Life Financial INC acquired a new stake in Sanmina during the 2nd quarter valued at approximately $170,000. First Mercantile Trust Co. lifted its stake in Sanmina by 45.1% during the 2nd quarter. First Mercantile Trust Co. now owns 6,080 shares of the electronics maker’s stock valued at $178,000 after acquiring an additional 1,890 shares during the period. Trexquant Investment LP acquired a new stake in Sanmina during the 2nd quarter valued at approximately $204,000. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in Sanmina during the 2nd quarter valued at approximately $220,000. Institutional investors own 92.82% of the company’s stock.
NASDAQ:SANM opened at $23.00 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.64 billion, a PE ratio of 11.58, a PEG ratio of 0.73 and a beta of 0.48. Sanmina Corp has a 1-year low of $22.67 and a 1-year high of $39.20.
Sanmina Company Profile
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The company offers product design and engineering solutions, including concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release; manufacturing solutions of components, subassemblies, and complete systems; final system assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services.
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