31,600 Shares in TTM Technologies, Inc. $TTMI Bought by UNICOM Systems Inc.

UNICOM Systems Inc. bought a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 31,600 shares of the technology company’s stock, valued at approximately $5,910,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TTMI. Polar Capital Holdings Plc purchased a new position in shares of TTM Technologies in the 3rd quarter valued at about $176,376,000. Invesco Ltd. lifted its position in shares of TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after buying an additional 2,699,494 shares during the last quarter. Whale Rock Capital Management LLC boosted its holdings in shares of TTM Technologies by 112.1% in the 4th quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock valued at $295,066,000 after buying an additional 2,260,035 shares in the last quarter. Castle Hook Partners LP purchased a new position in shares of TTM Technologies in the 4th quarter valued at $133,351,000. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of TTM Technologies by 575.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock worth $105,490,000 after purchasing an additional 1,560,394 shares in the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

TTM Technologies Stock Up 0.6%

TTMI stock opened at $137.21 on Friday. The company has a market cap of $14.25 billion, a P/E ratio of 61.81 and a beta of 2.14. TTM Technologies, Inc. has a 52 week low of $39.20 and a 52 week high of $223.83. The company’s 50-day moving average price is $161.95 and its 200 day moving average price is $133.79. The company has a current ratio of 1.78, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, August 5th. The technology company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.10. TTM Technologies had a net margin of 7.01% and a return on equity of 15.67%. The company had revenue of $1 billion during the quarter, compared to analysts’ expectations of $962.04 million. During the same period last year, the company posted $0.58 earnings per share. The firm’s quarterly revenue was up 37.4% compared to the same quarter last year. TTM Technologies has set its Q3 2026 guidance at 1.210-1.270 EPS. On average, research analysts expect that TTM Technologies, Inc. will post 3.66 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TTMI. B. Riley Financial boosted their price objective on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Needham & Company LLC raised their price target on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Stifel Nicolaus boosted their price target on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Truist Financial upped their price objective on TTM Technologies from $215.00 to $224.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Wall Street Zen raised TTM Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $214.25.

Insider Transactions at TTM Technologies

In related news, EVP Shawn A. Powers sold 9,856 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total value of $2,067,788.80. Following the completion of the transaction, the executive vice president directly owned 119,268 shares of the company’s stock, valued at $25,022,426.40. This trade represents a 7.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Weber sold 8,533 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total value of $1,790,223.40. Following the sale, the executive vice president owned 86,088 shares in the company, valued at approximately $18,061,262.40. The trade was a 9.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 82,043 shares of company stock worth $17,191,859 over the last ninety days. 1.30% of the stock is currently owned by corporate insiders.

TTM Technologies 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.