SCHEDULE 13G: FMR LLC and Abigail P. Johnson Disclose 5.8% Beneficial Ownership in Sanmina Corp

FMR LLC and its Chairman and CEO, Abigail P. Johnson, have jointly disclosed a beneficial ownership of 5.8% in Sanmina Corp's common stock as of March 31, 2025.

Summary

• FMR LLC, a parent holding company, and Abigail P. Johnson, its Chairman and CEO, have filed a Schedule 13G indicating beneficial ownership of Sanmina Corp's common stock.
• As of March 31, 2025, the aggregate amount beneficially owned by FMR LLC and Abigail P. Johnson is 3,143,908.93 shares.
• This ownership represents 5.8% of the total outstanding common stock of Sanmina Corp.
• FMR LLC holds sole voting power over 3,136,436.00 shares and sole dispositive power over 3,143,908.93 shares.
• Abigail P. Johnson holds sole dispositive power over 3,143,908.93 shares, with no sole or shared voting power.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Sanmina Corp.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain subjective language or financial performance data that would indicate a positive or negative sentiment. It is neutral in tone and content.

Positives

• The disclosure of a significant stake (5.8%) by a major institutional investor like FMR LLC and its leadership may signal confidence in Sanmina Corp's long-term prospects.
• The filing indicates that the investment is for ordinary course of business, suggesting a passive, long-term investment strategy rather than an activist one.

Risks

• The document does not detail specific risks related to Sanmina Corp's operations or financial performance, as it is an ownership disclosure filing.

Future Outlook

This document does not provide any forward-looking statements or guidance regarding Sanmina Corp's future performance or strategic direction.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This Schedule 13G filing is a routine disclosure by a large institutional investor, FMR LLC (Fidelity), indicating a significant passive stake in Sanmina Corp. Such filings are common in the financial industry and provide transparency into major ownership positions, which can influence market perception of a company.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake can influence investor confidence and potentially the stock's trading volume and price.

Key Dates

Keywords

Sanmina Corp, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Passive Investment, SEC Filing