Allianz Asset Management GmbH Acquires 10,514 Shares of TTM Technologies, Inc. $TTMI

Allianz Asset Management GmbH lifted its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 8.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 137,614 shares of the technology company’s stock after acquiring an additional 10,514 shares during the quarter. Allianz Asset Management GmbH’s holdings in TTM Technologies were worth $5,617,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of TTMI. Focus Partners Wealth raised its position in shares of TTM Technologies by 1.1% in the first quarter. Focus Partners Wealth now owns 31,944 shares of the technology company’s stock valued at $655,000 after buying an additional 343 shares in the last quarter. Yousif Capital Management LLC increased its stake in TTM Technologies by 1.0% during the 2nd quarter. Yousif Capital Management LLC now owns 38,027 shares of the technology company’s stock worth $1,552,000 after acquiring an additional 374 shares during the period. KLP Kapitalforvaltning AS raised its holdings in TTM Technologies by 2.4% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 21,200 shares of the technology company’s stock valued at $865,000 after acquiring an additional 500 shares in the last quarter. New York State Teachers Retirement System raised its holdings in TTM Technologies by 0.5% in the 1st quarter. New York State Teachers Retirement System now owns 110,577 shares of the technology company’s stock valued at $2,268,000 after acquiring an additional 567 shares in the last quarter. Finally, CWM LLC lifted its position in shares of TTM Technologies by 14.4% during the 1st quarter. CWM LLC now owns 4,501 shares of the technology company’s stock valued at $92,000 after acquiring an additional 567 shares during the period. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Performance

NASDAQ TTMI opened at $55.69 on Thursday. The firm’s fifty day moving average price is $51.00 and its two-hundred day moving average price is $39.60. The stock has a market cap of $5.75 billion, a PE ratio of 61.88 and a beta of 1.63. TTM Technologies, Inc. has a fifty-two week low of $15.77 and a fifty-two week high of $62.60. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.72 and a current ratio of 2.03.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Wednesday, July 30th. The technology company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.06. The company had revenue of $730.62 million during the quarter, compared to analysts’ expectations of $668.42 million. TTM Technologies had a return on equity of 11.80% and a net margin of 3.52%.TTM Technologies’s revenue was up 20.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.39 EPS. TTM Technologies has set its Q3 2025 guidance at 0.570-0.630 EPS. On average, equities analysts expect that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Insider Activity at TTM Technologies

In other news, insider Tom Clapprood sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $44.68, for a total value of $670,200.00. Following the completion of the transaction, the insider owned 23,531 shares of the company’s stock, valued at $1,051,365.08. This represents a 38.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Steven Spoto sold 3,484 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $46.58, for a total transaction of $162,284.72. Following the completion of the transaction, the insider owned 28,649 shares of the company’s stock, valued at approximately $1,334,470.42. This trade represents a 10.84% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 66,477 shares of company stock valued at $2,867,405. Corporate insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

TTMI has been the subject of a number of analyst reports. Wall Street Zen downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Stifel Nicolaus boosted their target price on shares of TTM Technologies from $40.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Truist Financial upped their price target on shares of TTM Technologies from $41.00 to $48.00 and gave the stock a “buy” rating in a report on Monday, July 7th. Needham & Company LLC lifted their price objective on shares of TTM Technologies from $56.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, September 23rd. Finally, Zacks Research cut TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, TTM Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $54.50.

TTM Technologies Company Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.