SANM CLUSTER SEC Filing Analysis

Latest settled — T+5d

SANM ▲ +11.23% at T+5d

SHORT call ✗ call lost -11.23% · α vs SPY -8.89% · entry $223.27 → $248.35

Next anchor: T+20d in 5d

Last close $246.44 (close May 22) · -10.38% from $223.27 entry (call sign-flipped)

Entry anchored
Apr 30, 03:59 PM ET
via Databento tick

T+1d

-3.01%

call +3.01% · α +2.67%

$216.54

settled 23d ago

T+5d

+11.23%

call -11.23% · α -8.89%

$248.35

settled 17d ago

T+20d

—

call — · α —

—

in 5d

T+60d

—

call — · α —

—

in 2mo

Price Chart

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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

Direction

selling

Total Value

$27.4M

Insiders

3

Actionable Insight

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.

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

insider selling volume

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

Exchange

Nasdaq

Sector

Printed Circuit Boards

Analyst Consensus

58% bullish (12 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

Document	Accession Number
CLUSTER Data (Synthetic)	cluster-SANM-1778616111790

6 reports for SANM

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for SANM — sortable, filterable
	Type				Now
May 1, 2026 23d ago	Insider Cluster BEARISH ★ 5/10	$223.27 $248.35	▼ −11.23%	▼ −8.89%	$246.44 (−10.38%)
Apr 29, 2026 25d ago	Insider Cluster MIXED ★ 5/10	$208.67 $238.55	▲ +14.32%	▲ +11.21%	$246.44 (+18.10%)
Apr 29, 2026 25d ago	Insider Cluster NEUTRAL ★ 2/10	$208.67 $238.55	▲ +14.32%	▲ +11.21%	$246.44 (+18.10%)
Apr 29, 2026 25d ago	Insider Cluster NEUTRAL ★ 2/10	$221.89 $235.84	▲ +6.29%	▲ +4.30%	$246.44 (+11.06%)
Apr 29, 2026 25d ago	Insider Cluster NEUTRAL ★ 3/10	$208.67 $221.89	▲ +6.34%	▲ +3.23%	$246.44 (+18.10%)
Feb 24, 2026 12w ago	Insider Cluster BEARISH ★ 6/10	$158.17 $137.97	▲ +12.77%	▲ +11.74%	$246.44 (−55.81%)

US Market Status

Market Closed — Opens Tue (34h 51m)

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