CEO Sells $27.1M in Shares Amidst Strong Performance and Buyback Program
SANM has more than doubled off its 52-week low of $78.43.
Summary
Chairman & CEO Jure Sola sold over $27 million worth of common stock, following the company's strong Q2 results and a new share repurchase program, with the stock trading near its 52-week high.
Key Events · Ownership and Investor Activity · SANM
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CEO Executes Significant Stock Sale
Chairman & CEO Jure Sola sold 118,368 shares of common stock for a total value of $27,087,333 on May 6, 2026, at an average price of $228.84 per share.
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Follows Recent Form 144 Filing
This transaction executes the intent to sell shares previously indicated in a Form 144 filed by Mr. Sola on May 6, 2026.
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Sale Amidst Positive Company News
The sale occurs shortly after Sanmina reported robust Q2 fiscal 2026 results and authorized a new $600 million share repurchase program, with the stock trading near its 52-week high.
Analysis · SANM · Manufacturing
Chairman & CEO Jure Sola executed a significant open market sale of 118,368 shares, totaling over $27 million. This transaction follows a Form 144 filing on the same date, indicating the intent to sell. The sale occurs shortly after Sanmina reported robust Q2 fiscal 2026 results and authorized a new $600 million share repurchase program, with the stock trading near its 52-week high. While the company is actively buying back shares, a substantial sale by the CEO could be interpreted as a signal to lock in gains, potentially offsetting some of the positive sentiment from recent corporate actions.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 36.4% of the 1070 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SANM was trading at $248.35 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $13.3B. The 52-week trading range was $78.43 to $255.22. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.