On November 7, 2024, Eugene Delaney, Director at Sanmina Corp (SANM, Financial), executed a sale of 5,079 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 87,120 shares of Sanmina Corp.
Sanmina Corp specializes in integrated manufacturing solutions, making it one of the leading electronics manufacturing services providers globally. The company offers comprehensive services in the technology sector, including product design, engineering, and supply chain management services, catering to original equipment manufacturers in various industries.
Over the past year, Eugene Delaney has sold a total of 29,546 shares of the company and has not made any purchases. This recent transaction is part of a broader trend observed within the company, where there have been 20 insider sells and no insider buys over the past year.
Shares of Sanmina Corp were trading at $83.07 on the day of the transaction. The company's market cap is approximately $4.55 billion. The price-earnings ratio of the stock stands at 21.30, which is below the industry median of 23.94.
According to the GF Value, the intrinsic value estimate for Sanmina Corp is $54.80 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.52.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation relative to its current trading price.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
