Legato Capital Management LLC Has $1.15 Million Stake in TTM Technologies, Inc. $TTMI

Legato Capital Management LLC boosted its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 104.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the technology company’s stock after acquiring an additional 10,225 shares during the quarter. Legato Capital Management LLC’s holdings in TTM Technologies were worth $1,152,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Optiver Holding B.V. raised its holdings in shares of TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after purchasing an additional 170 shares during the period. Bessemer Group Inc. increased its position in TTM Technologies by 448.8% during the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after buying an additional 377 shares during the last quarter. Salomon & Ludwin LLC bought a new stake in TTM Technologies in the third quarter valued at approximately $39,000. EverSource Wealth Advisors LLC lifted its position 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 valued at $51,000 after buying an additional 430 shares during the last quarter. Finally, Federated Hermes Inc. bought a new position in shares of TTM Technologies during the 3rd quarter worth approximately $60,000. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Trading Down 7.9%

Shares of TTM Technologies stock opened at $104.05 on Wednesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.67 and a current ratio of 1.93. The firm has a 50-day moving average of $91.22 and a 200-day moving average of $70.40. TTM Technologies, Inc. has a 52-week low of $15.77 and a 52-week high of $113.46. The stock has a market cap of $10.76 billion, a PE ratio of 61.57 and a beta of 1.74.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.02. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The business had revenue of $763.53 million during the quarter, compared to analysts’ expectations of $752.96 million. During the same quarter in the previous year, the company earned $0.60 EPS. The business’s revenue was up 19.0% on a year-over-year basis. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, sell-side analysts forecast that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Insider Buying and Selling

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $101.62, for a total transaction of $1,707,216.00. Following the transaction, the director owned 855,171 shares in the company, valued at $86,902,477.02. This trade represents a 1.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Catherine A. Gridley sold 20,000 shares of TTM Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $105.94, for a total value of $2,118,800.00. Following the completion of the transaction, the executive vice president directly owned 78,645 shares of the company’s stock, valued at $8,331,651.30. This represents a 20.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 105,150 shares of company stock valued at $9,900,522 over the last 90 days. 1.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TTMI. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Needham & Company LLC upped their price objective on shares of TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, February 5th. 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. B. Riley Financial lifted their target price on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Finally, Stifel Nicolaus set a $108.00 price target on shares of TTM Technologies in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $117.25.

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.