Ritholtz Wealth Management Buys Shares of 5,426 TTM Technologies, Inc. $TTMI

Ritholtz Wealth Management purchased a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 5,426 shares of the technology company’s stock, valued at approximately $313,000.

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

Insiders Place Their Bets

In other news, 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 transaction of $624,547.71. Following the completion of the transaction, the director directly owned 165,140 shares of the company’s stock, valued at approximately $11,250,988.20. This trade represents a 5.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Julie Spicer England sold 3,784 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $63.34, for a total transaction of $239,678.56. Following the completion of the sale, the director directly owned 106,541 shares in the company, valued at approximately $6,748,306.94. The trade was a 3.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 36,870 shares of company stock valued at $2,520,245 in the last ninety days. 1.30% of the stock is currently owned by insiders.

TTM Technologies Price Performance

Shares of TTM Technologies stock opened at $99.87 on Thursday. The firm has a fifty day moving average price of $73.56 and a two-hundred day moving average price of $59.21. TTM Technologies, Inc. has a fifty-two week low of $15.77 and a fifty-two week high of $106.68. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.94 and a quick ratio of 1.66. The company has a market cap of $10.32 billion, a PE ratio of 79.26 and a beta of 1.74.

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

Analysts Set New Price Targets

Several research firms have recently issued reports on TTMI. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. B. Riley upped their target price on TTM Technologies from $75.00 to $81.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Needham & Company LLC upped their price objective on shares of TTM Technologies from $79.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Finally, Truist Financial set a $113.00 target price on shares of TTM Technologies in a report on Wednesday, January 14th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $88.50.

About TTM Technologies

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.