Hillsdale Investment Management Inc. Boosts Holdings in TTM Technologies, Inc. $TTMI

Hillsdale Investment Management Inc. lifted its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 2,984.6% during the first quarter, HoldingsChannel reports. The firm owned 4,010 shares of the technology company’s stock after purchasing an additional 3,880 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in TTM Technologies were worth $391,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in TTM Technologies during the 4th quarter valued at $30,000. Truvestments Capital LLC acquired a new position in TTM Technologies in the 4th quarter worth $30,000. Rakuten Securities Inc. purchased a new position in TTM Technologies in the 4th quarter valued at about $32,000. Wolff Wiese Magana LLC purchased a new position in TTM Technologies in the 4th quarter valued at about $34,000. Finally, Danske Bank A S acquired a new stake in shares of TTM Technologies during the fourth quarter valued at about $34,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TTMI shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Truist Financial lifted their price objective on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Stifel Nicolaus upped their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Finally, Zacks Research cut TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $212.00.

TTM Technologies Price Performance

TTMI opened at $130.14 on Friday. The company has a market capitalization of $13.52 billion, a P/E ratio of 70.35 and a beta of 2.10. The company has a 50-day moving average of $176.51 and a 200-day moving average of $128.48. 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 1-year low of $39.20 and a 1-year high of $223.83.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. The business had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities analysts expect that TTM Technologies, Inc. will post 3.66 EPS for the current fiscal year.

Insider Activity

In other TTM Technologies news, EVP Douglas L. Soder sold 2,874 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $600,493.56. Following the transaction, the executive vice president owned 210,634 shares of the company’s stock, valued at $44,009,867.96. This trade represents a 1.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Daniel J. Weber sold 2,915 shares of TTM Technologies stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $609,060.10. Following the completion of the transaction, the executive vice president owned 88,250 shares of the company’s stock, valued at approximately $18,438,955. The trade was a 3.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 82,043 shares of company stock valued at $17,191,859 over the last three months. Company insiders own 1.30% of the company’s stock.

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.