Oak Ridge Investments LLC Buys Shares of 31,463 TTM Technologies, Inc. $TTMI

Oak Ridge Investments LLC acquired a new position in TTM Technologies, Inc. (NASDAQ:TTMI) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 31,463 shares of the technology company’s stock, valued at approximately $1,812,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its holdings in shares of TTM Technologies by 8.3% in the third quarter. GAMMA Investing LLC now owns 3,512 shares of the technology company’s stock valued at $202,000 after purchasing an additional 268 shares in the last quarter. Focus Partners Wealth lifted its stake in TTM Technologies by 1.1% in the 1st quarter. Focus Partners Wealth now owns 31,944 shares of the technology company’s stock valued at $655,000 after buying an additional 343 shares in the last quarter. Yousif Capital Management LLC increased its position in TTM Technologies by 1.0% during the second quarter. Yousif Capital Management LLC now owns 38,027 shares of the technology company’s stock worth $1,552,000 after buying an additional 374 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of TTM Technologies by 52.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock worth $51,000 after acquiring an additional 430 shares during the last quarter. Finally, KLP Kapitalforvaltning AS increased its position in TTM Technologies by 2.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 21,200 shares of the technology company’s stock worth $865,000 after purchasing an additional 500 shares in the last quarter. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on TTMI shares. B. Riley boosted their price objective on shares of TTM Technologies from $75.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Needham & Company LLC increased their target price on TTM Technologies from $79.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Wall Street Zen lowered shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 19th. Truist Financial set a $113.00 price target on shares of TTM Technologies in a research note on Wednesday. Finally, Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $88.50.

TTM Technologies Stock Up 0.1%

Shares of NASDAQ TTMI opened at $101.01 on Friday. The stock has a fifty day moving average price of $71.75 and a 200 day moving average price of $58.04. The company has a current ratio of 1.94, a quick ratio of 1.66 and a debt-to-equity ratio of 0.54. TTM Technologies, Inc. has a 12-month low of $15.77 and a 12-month high of $106.68. The company has a market cap of $10.44 billion, a P/E ratio of 80.17 and a beta of 1.74.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. The company had revenue of $752.74 million during the quarter, compared to the consensus estimate of $711.91 million. TTM Technologies had a return on equity of 13.21% and a net margin of 4.74%.The company’s revenue was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.41 earnings per share. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Research analysts anticipate that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling at TTM Technologies

In related news, insider Robert P. Farrell sold 643 shares of TTM Technologies stock in a transaction on Monday, November 17th. The shares were sold at an average price of $66.98, for a total transaction of $43,068.14. Following the sale, the insider owned 19,406 shares of the company’s stock, valued at $1,299,813.88. The trade was a 3.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John G. Mayer sold 9,167 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $68.13, for a total value of $624,547.71. Following the sale, the director owned 165,140 shares of the company’s stock, valued at $11,250,988.20. This represents a 5.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 36,870 shares of company stock worth $2,520,245. 1.30% of the stock is currently owned by insiders.

TTM Technologies Company Profile

TTM Technologies, Inc is a leading global manufacturer of printed circuit boards (PCBs) and related electronic components. The company’s product portfolio spans rigid, flexible and rigid-flex circuit boards, as well as advanced substrates, backplanes, hybrid circuits and integrated antenna modules. In addition to PCB fabrication, TTM offers comprehensive system‐level services, including design support, surface mount technology (SMT) assembly, cable and wire harness assembly, and complete box-build solutions to address end-to-end customer requirements.

Serving a broad array of end markets, TTM Technologies supports customers in the communications, computing, automotive, aerospace and defense, industrial, and medical sectors.