Sanctuary Advisors LLC Purchases New Stake in TTM Technologies, Inc. $TTMI

Sanctuary Advisors LLC purchased a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,528 shares of the technology company’s stock, valued at approximately $243,000.

Other institutional investors have also recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new stake in TTM Technologies during the third quarter worth $2,963,000. Horizon Investment Services LLC boosted its position in 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 purchasing an additional 19,820 shares in the last quarter. Oak Ridge Investments LLC purchased a new stake in TTM Technologies during the third quarter worth $1,812,000. Navellier & Associates Inc. purchased a new stake in TTM Technologies during the third quarter worth $3,271,000. Finally, Lisanti Capital Growth LLC boosted its position in TTM Technologies by 142.2% during the third quarter. Lisanti Capital Growth LLC now owns 92,107 shares of the technology company’s stock worth $5,305,000 after purchasing an additional 54,072 shares in the last quarter. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity 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 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 directly owned 78,645 shares in the company, valued at $8,331,651.30. This represents a 20.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Daniel J. Weber sold 12,000 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $93.88, for a total value of $1,126,560.00. Following the sale, the executive vice president owned 94,621 shares of the company’s stock, valued at $8,883,019.48. This represents a 11.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 88,350 shares of company stock worth $8,797,770. 1.30% of the stock is currently owned by insiders.

TTM Technologies Stock Performance

NASDAQ TTMI opened at $162.99 on Tuesday. The stock has a market cap of $16.93 billion, a price-to-earnings ratio of 88.10 and a beta of 2.11. The business has a fifty day moving average of $114.32 and a 200-day moving average of $91.42. TTM Technologies, Inc. has a fifty-two week low of $28.05 and a fifty-two week high of $180.00. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last released its earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.66 by $0.09. The firm had revenue of $845.98 million during 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 business’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, analysts predict that TTM Technologies, Inc. will post 3.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on TTMI shares. Truist Financial boosted their target price on TTM Technologies from $115.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Needham & Company LLC boosted their target price on TTM Technologies from $125.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Stifel Nicolaus boosted their target price on TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Finally, Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.