Expect Equity LLC cut its position in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 52.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 19,550 shares of the technology company’s stock after selling 21,990 shares during the quarter. Expect Equity LLC’s holdings in TTM Technologies were worth $1,349,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Optiver Holding B.V. boosted its position in TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after buying an additional 170 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in TTM Technologies during the 4th quarter worth approximately $30,000. Truvestments Capital LLC acquired a new position in TTM Technologies in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. acquired a new position in TTM Technologies in the 4th quarter valued at approximately $32,000. Finally, Wolff Wiese Magana LLC acquired a new position in TTM Technologies in the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 95.79% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on TTMI shares. Wall Street Zen cut shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Truist Financial upped their price target on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Needham & Company LLC restated a “buy” rating and issued a $208.00 price target on shares of TTM Technologies in a research report on Thursday, June 11th. B. Riley Financial upped their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to MarketBeat, TTM Technologies has an average rating of “Buy” and an average price target of $209.00.
Insider Activity at TTM Technologies
In other news, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 1.30% of the company’s stock.
TTM Technologies Trading Up 1.6%
NASDAQ:TTMI opened at $202.70 on Thursday. The firm’s fifty day moving average is $158.94 and its 200-day moving average is $113.46. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. TTM Technologies, Inc. has a 52 week low of $35.52 and a 52 week high of $209.37. The firm has a market cap of $21.05 billion, a P/E ratio of 109.57 and a beta of 2.09.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $789.84 million. During the same period in the prior year, the firm posted $0.50 EPS. The company’s quarterly revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities analysts expect that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.
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 systemâlevel 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.
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