Voya Investment Management LLC increased its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 92.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,457 shares of the technology company’s stock after acquiring an additional 25,712 shares during the period. Voya Investment Management LLC owned about 0.05% of TTM Technologies worth $3,079,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TTMI. GAMMA Investing LLC increased its holdings in TTM Technologies by 8.3% during the 3rd quarter. GAMMA Investing LLC now owns 3,512 shares of the technology company’s stock worth $202,000 after purchasing an additional 268 shares in the last quarter. Focus Partners Wealth boosted its position in shares of TTM Technologies by 1.1% during the first quarter. Focus Partners Wealth now owns 31,944 shares of the technology company’s stock worth $655,000 after buying an additional 343 shares during the period. Yousif Capital Management LLC grew its holdings in shares of TTM Technologies by 1.0% during the second quarter. Yousif Capital Management LLC now owns 38,027 shares of the technology company’s stock worth $1,552,000 after buying an additional 374 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in TTM Technologies by 52.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock valued at $51,000 after buying an additional 430 shares during the last quarter. Finally, KLP Kapitalforvaltning AS lifted its stake 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. 95.79% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on TTMI shares. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Truist Financial lifted their price target on shares of TTM Technologies from $78.00 to $91.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Needham & Company LLC boosted their price target on shares of TTM Technologies from $77.00 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Finally, Wall Street Zen cut TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 19th. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $76.50.
Insider Buying and Selling at TTM Technologies
In other TTM Technologies news, Director John G. Mayer sold 9,167 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $68.13, for a total transaction of $624,547.71. Following the transaction, the director owned 165,140 shares of the company’s stock, valued at $11,250,988.20. The trade was a 5.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Julie Spicer England sold 3,784 shares of TTM Technologies stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $63.34, for a total value of $239,678.56. Following the transaction, the director owned 106,541 shares of the company’s stock, valued at $6,748,306.94. This represents a 3.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 20,070 shares of company stock valued at $1,348,445 in the last three months. Corporate insiders own 1.30% of the company’s stock.
TTM Technologies Price Performance
Shares of TTMI opened at $71.72 on Friday. The company has a current ratio of 1.94, a quick ratio of 1.66 and a debt-to-equity ratio of 0.54. The company’s fifty day simple moving average is $67.15 and its 200 day simple moving average is $53.72. TTM Technologies, Inc. has a 1-year low of $15.77 and a 1-year high of $80.58. The company has a market cap of $7.41 billion, a price-to-earnings ratio of 56.92 and a beta of 1.74.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $752.74 million during the quarter, compared to the consensus estimate of $711.91 million. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. The company’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.41 EPS. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. On average, research analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.
About TTM Technologies
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.
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