Emerald Mutual Fund Advisers Trust Cuts Holdings in TTM Technologies, Inc. $TTMI

Emerald Mutual Fund Advisers Trust lowered its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 14.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 470,005 shares of the technology company’s stock after selling 77,358 shares during the period. TTM Technologies makes up about 2.2% of Emerald Mutual Fund Advisers Trust’s holdings, making the stock its 5th biggest position. Emerald Mutual Fund Advisers Trust’s holdings in TTM Technologies were worth $45,788,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TTMI. Kestra Advisory Services LLC bought a new position in shares of TTM Technologies in the fourth quarter valued at approximately $30,000. Truvestments Capital LLC bought a new position in TTM Technologies during the fourth quarter worth about $30,000. Rakuten Securities Inc. purchased a new position in TTM Technologies during the 4th quarter valued at about $32,000. Wolff Wiese Magana LLC purchased a new stake in TTM Technologies in the fourth quarter valued at approximately $34,000. Finally, Danske Bank A S purchased a new position in shares of TTM Technologies during the fourth quarter worth approximately $34,000. 95.79% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Daniel J. Weber sold 2,915 shares of TTM Technologies stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total value of $609,060.10. Following the transaction, the executive vice president owned 88,250 shares of the company’s stock, valued at $18,438,955. The trade was a 3.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Catherine A. Gridley sold 3,056 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $638,520.64. Following the transaction, the executive vice president owned 71,866 shares of the company’s stock, valued at approximately $15,015,682.04. This trade represents a 4.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 82,043 shares of company stock worth $17,191,859. Insiders own 1.30% of the company’s stock.

TTM Technologies Trading Down 6.9%

Shares of NASDAQ TTMI opened at $136.34 on Tuesday. TTM Technologies, Inc. has a 1-year low of $39.20 and a 1-year high of $223.83. The business has a fifty day moving average price of $177.76 and a 200 day moving average price of $127.08. The stock has a market capitalization of $14.16 billion, a P/E ratio of 73.70 and a beta of 2.10. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.09. The company had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities research analysts expect that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Needham & Company LLC upped their price target on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Stifel Nicolaus raised their target price on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, TTM Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $212.00.

TTM Technologies 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.