Versor Investments LP boosted its stake in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 54.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,745 shares of the technology company’s stock after purchasing an additional 4,124 shares during the period. Versor Investments LP’s holdings in TTM Technologies were worth $810,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Optiver Holding B.V. grew its position in TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after purchasing an additional 170 shares during the period. Bessemer Group Inc. grew its position in TTM Technologies by 448.8% in the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after purchasing an additional 377 shares during the period. Rakuten Securities Inc. bought a new stake in TTM Technologies in the 4th quarter worth approximately $32,000. Wolff Wiese Magana LLC bought a new stake in TTM Technologies in the 4th quarter worth approximately $34,000. Finally, Danske Bank A S bought a new stake in TTM Technologies in the 4th quarter worth approximately $34,000. Institutional investors own 95.79% of the company’s stock.
Insiders Place Their Bets
In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Catherine A. Gridley sold 20,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the completion of the sale, the executive vice president owned 78,645 shares in the company, valued at approximately $8,331,651.30. The trade was a 20.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 88,350 shares of company stock worth $8,797,770 in the last 90 days. 1.30% of the stock is currently owned by corporate insiders.
TTM Technologies Stock Up 0.2%
TTM Technologies (NASDAQ:TTMI – Get Free Report) last released its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter in the previous year, the company earned $0.50 EPS. TTM Technologies’s revenue for the quarter was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, sell-side analysts forecast that TTM Technologies, Inc. will post 3.17 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on TTMI. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Stifel Nicolaus lifted their price target on shares of TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Truist Financial lifted their price target on shares of TTM Technologies from $115.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Zacks Research cut shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Finally, B. Riley Financial reiterated a “buy” rating on shares of TTM Technologies in a research note on Friday, April 24th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, TTM Technologies has an average rating of “Moderate Buy” and an average price target of $149.50.
Get Our Latest Analysis on TTMI
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.
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