TTM Technologies, Inc. $TTMI Shares Purchased by Intech Investment Management LLC

Intech Investment Management LLC raised its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 101.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 170,449 shares of the technology company’s stock after acquiring an additional 85,818 shares during the period. Intech Investment Management LLC’s holdings in TTM Technologies were worth $9,818,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Decker Retirement Planning Inc. acquired a new position in shares of TTM Technologies in the 3rd quarter valued at $2,963,000. Horizon Investment Services LLC lifted its stake 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 valued at $1,588,000 after buying an additional 19,820 shares in the last quarter. FengHe Fund Management Pte. Ltd. acquired a new position in shares of TTM Technologies in the third quarter worth about $54,148,000. JPMorgan Chase & Co. increased its position in shares of TTM Technologies by 9.7% in the second quarter. JPMorgan Chase & Co. now owns 652,034 shares of the technology company’s stock worth $26,616,000 after acquiring an additional 57,606 shares in the last quarter. Finally, Oak Ridge Investments LLC acquired a new stake in shares of TTM Technologies during the third quarter valued at approximately $1,812,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Truist Financial set a $113.00 price objective on shares of TTM Technologies in a research note on Wednesday, January 14th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Stifel Nicolaus set a $108.00 price target on TTM Technologies in a research report on Thursday, February 5th. Needham & Company LLC raised their price objective on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Finally, Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. Based on data from MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and an average price target of $117.25.

TTM Technologies Price Performance

TTM Technologies stock opened at $107.56 on Friday. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $11.12 billion, a P/E ratio of 63.64 and a beta of 1.75. The business has a 50-day moving average of $89.05 and a 200-day moving average of $68.72. TTM Technologies, Inc. has a 1 year low of $15.77 and a 1 year high of $113.46.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.02. The business had revenue of $763.53 million for the quarter, compared to analyst estimates of $752.96 million. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. TTM Technologies’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. On average, equities analysts anticipate that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Insiders Place Their Bets

In other news, insider Anthony Joseph Sandeen sold 2,000 shares of TTM Technologies stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $67.30, for a total transaction of $134,600.00. Following the transaction, the insider owned 41,442 shares in the company, valued at $2,789,046.60. The trade was a 4.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Catherine A. Gridley sold 20,000 shares of TTM Technologies stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the completion of the transaction, the executive vice president directly owned 78,645 shares in the company, valued at approximately $8,331,651.30. The trade was a 20.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 90,350 shares of company stock worth $8,327,906. 1.30% of the stock is owned by corporate insiders.

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.