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Sanmina EVP & CFO Jonathan Faust sells $2.6m in stock

Created at 1 Jun · 11:00 PM1 source
IN SHORT

Sanmina EVP & CFO Jonathan Faust sold $2.6 million in the company's stock. Insider selling can be interpreted by the market as a signal of reduced confidence, though personal financial reasons are also common.

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Key Numbers

$2.6 millionstock sale value

Who's Involved

Jonathan Faust
EVP & CFO of Sanmina, sold stock
Sanmina
Company whose stock was sold

↳ Why This Matters

Insider selling by a company's executive can sometimes be interpreted by the market as a signal of reduced confidence in future stock performance, although there can be many personal financial reasons for such sales.

Key facts

  • EVP & CFO Jonathan Faust sold $2.6 million in Sanmina stock.

Insider selling by a company's executive can sometimes be interpreted by the market as a signal of reduced confidence in future stock performance, although there can be many personal financial reasons for such sales.

Frequently asked questions

Jonathan Faust is the Executive Vice President and Chief Financial Officer of Sanmina.

He sold $2.6 million worth of Sanmina stock.

Insider selling by high-level executives can be a market signal, though personal financial reasons are also common.

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How It Developed

1 Jun · 10:40 PM
Sanmina EVP & CFO Jonathan Faust sold $2.6 million in Sanmina stock.
Investing.com via PiQSuite

Sources

T1
Sanmina EVP & CFO Jonathan Faust sells $2.6m in stockm.piqsuite.com

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