Global Retirement Partners LLC Makes New $1.31 Million Investment in TTM Technologies, Inc. $TTMI

Global Retirement Partners LLC purchased a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,995 shares of the technology company’s stock, valued at approximately $1,308,000.

Several other large investors have also added to or reduced their stakes in TTMI. Harbor Investment Advisory LLC bought a new position in shares of TTM Technologies in the 2nd quarter valued at about $29,000. Kestra Advisory Services LLC bought a new stake in TTM Technologies in the 4th quarter valued at $30,000. Truvestments Capital LLC bought a new position in shares of TTM Technologies in the fourth quarter valued at about $30,000. GoalVest Advisory LLC lifted its position in TTM Technologies by 456.7% during the second quarter. GoalVest Advisory LLC now owns 167 shares of the technology company’s stock worth $31,000 after acquiring an additional 137 shares during the last quarter. Finally, Rakuten Securities Inc. bought a new stake in TTM Technologies in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Insider Buying and Selling at TTM Technologies

In other news, EVP Douglas L. Soder sold 8,902 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $209.79, for a total transaction of $1,867,550.58. Following the completion of the transaction, the executive vice president directly owned 208,245 shares in the company, valued at $43,687,718.55. This trade represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Catherine A. Gridley sold 8,966 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total transaction of $1,881,066.80. Following the sale, the executive vice president directly owned 69,679 shares in the company, valued at $14,618,654.20. This trade represents a 11.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 108,241 shares of company stock valued at $20,911,975 in the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TTMI shares. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 6th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Wall Street Zen upgraded TTM Technologies from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Stifel Nicolaus lifted their price objective on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Truist Financial increased their price target on TTM Technologies from $215.00 to $224.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $214.25.

TTM Technologies Stock Up 0.7%

TTMI opened at $140.98 on Tuesday. The stock has a market cap of $14.85 billion, a PE ratio of 63.50 and a beta of 2.15. TTM Technologies, Inc. has a 52 week low of $39.20 and a 52 week high of $223.83. The business’s fifty day simple moving average is $156.88 and its 200 day simple moving average is $135.71. The company has a quick ratio of 1.54, a current ratio of 1.78 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Thursday, August 6th. The technology company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.10. TTM Technologies had a return on equity of 15.67% and a net margin of 7.01%.The company had revenue of $1 billion during the quarter, compared to analysts’ expectations of $962.04 million. TTM Technologies’s quarterly revenue was up 37.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.58 EPS. As a group, research analysts expect that TTM Technologies, Inc. will post 4.26 earnings per share for the current fiscal year.

More TTM Technologies News

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: TTM agreed to acquire Epiq in an all-cash transaction, expanding its portfolio into open-architecture, AI-enabled software-defined radios, high-performance RF products and radiation-tolerant space computing. The transaction strengthens TTM’s exposure to defense, electronic warfare, signals intelligence, missile defense, communications and space markets. Veritas Capital Announces $1.1 Billion Sale of Epiq Solutions to TTM Technologies
• Positive Sentiment: Management expects the acquisition to be immediately accretive to adjusted EBITDA margin and accretive to non-GAAP diluted EPS in 2028. TTM estimates the deal will add a higher-margin, long-cycle business and improve vertical integration across its electronics offerings. TTM Technologies Makes $1.1 Billion Defense Push With Epiq Solutions Deal
• Positive Sentiment: The deal complements TTM’s broader growth investments, including planned data-center capacity and U.S. manufacturing expansion. Recent coverage also highlights strong demand tied to artificial intelligence, aerospace and defense markets, supporting the company’s growth outlook. TTM Technologies: AI Has Turned This Boring PCB Maker Into a Growth Monster
• Neutral Sentiment: TTM’s latest reported quarter showed revenue growth of 37.4% year over year to roughly $1.0 billion, while earnings per share exceeded analyst expectations. However, the stock’s elevated valuation means investors are likely demanding continued exceptional execution. TTM Technologies: Strong Demand, But the Valuation Requires Exceptional Execution
• Negative Sentiment: The all-cash purchase will increase leverage to an estimated 2.3 times net debt to EBITDA at closing. Although TTM expects to reduce leverage to 1.5–1.7 times within 12–18 months, the acquisition remains subject to regulatory approval, financing conditions and successful integration. Continued insider selling, with no reported insider purchases in the past six months, may also weigh on sentiment.

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.