TTM Technologies, Inc. $TTMI Position Trimmed by Horizon Investments LLC

Horizon Investments LLC decreased its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 80.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,369 shares of the technology company’s stock after selling 9,960 shares during the period. Horizon Investments LLC’s holdings in TTM Technologies were worth $163,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. bought a new position in shares of TTM Technologies during the third quarter worth about $2,963,000. Horizon Investment Services LLC grew its position in shares of TTM Technologies by 255.7% during the third quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company’s stock worth $1,588,000 after acquiring an additional 19,820 shares during the last quarter. Oak Ridge Investments LLC bought a new position in shares of TTM Technologies during the third quarter worth about $1,812,000. Navellier & Associates Inc. bought a new position in shares of TTM Technologies during the third quarter worth about $3,271,000. Finally, Mitsubishi UFJ Trust & Banking Corp bought a new position in shares of TTM Technologies during the fourth quarter worth about $668,000. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Performance

NASDAQ:TTMI opened at $157.31 on Monday. TTM Technologies, Inc. has a twelve month low of $26.50 and a twelve month high of $180.00. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average of $112.24 and a 200-day moving average of $89.97. The firm has a market cap of $16.34 billion, a price-to-earnings ratio of 85.03 and a beta of 2.11.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $789.84 million. During the same quarter last year, the firm posted $0.50 EPS. The business’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. Analysts forecast that TTM Technologies, Inc. will post 3.17 earnings per share for the current fiscal year.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were 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 directly owned 78,645 shares of the company’s stock, valued at approximately $8,331,651.30. This represents a 20.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 88,350 shares of company stock valued at $8,797,770. 1.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. B. Riley Financial restated a “buy” rating on shares of TTM Technologies in a research report on Friday, April 24th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Stifel Nicolaus upped their price target on shares of TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Needham & Company LLC upped their price target on shares of TTM Technologies from $125.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, TTM Technologies presently has an average rating of “Moderate Buy” and an average target price of $149.50.

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.