SANM SANMINA CORP
Last updated: Mar 16, 2026
Execution Consistency
Did the company actually spend money buying back stock in 3+ of the last 4 quarters?
Bought back stock in 4/4 quarters. Q2 2024: $13M, Q1 2024: $8M, Q3 2023: $124M, Q2 2023: $113M
Execution Acceleration
Is the most recent quarter's buyback spend more than 15% above the trailing average?
Latest quarter $13M vs trailing avg $82M (-84%)
Buyback vs FCF
What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.
Negative FCF ($-99M), cannot compute buyback ratio
Buyback Intensity
How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.
Missing shares repurchased or outstanding data
Insider Buying
Are officers and directors buying stock with their own money on the open market?
1 open-market purchase by Loparco Michael J
- Loparco Michael J () bought 700 shares at $142.46 on 2026-01-30
Insider-Buyback Convergence
Are insider purchases happening during the same quarters the company is actively buying back stock?
Insider buying coincided with company buybacks in 0 of 4 quarters
Insider Net Direction
Looking at all open-market transactions, are insiders net buyers or net sellers?
Insiders bought $0M, sold $5M (net selling)
Red Flag
Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.
Company buying back stock while insiders sold 49.8x more than bought. 1 C-suite officers among sellers
- Faust Jonathan P (EVP & CFO) sold 10,075 shares on 2026-02-24