Los Angeles Capital Management LLC Grows Holdings in TTM Technologies, Inc. $TTMI

Los Angeles Capital Management LLC increased its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 73.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 17,453 shares of the technology company’s stock after purchasing an additional 7,365 shares during the period. Los Angeles Capital Management LLC’s holdings in TTM Technologies were worth $712,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Quarry LP lifted its stake in TTM Technologies by 249.9% during the first quarter. Quarry LP now owns 2,110 shares of the technology company’s stock worth $43,000 after purchasing an additional 1,507 shares in the last quarter. Concord Wealth Partners purchased a new stake in shares of TTM Technologies in the 2nd quarter valued at $47,000. CWM LLC raised its holdings in shares of TTM Technologies by 14.4% in the 1st quarter. CWM LLC now owns 4,501 shares of the technology company’s stock valued at $92,000 after buying an additional 567 shares during the period. GAMMA Investing LLC lifted its stake in TTM Technologies by 30.6% during the 2nd quarter. GAMMA Investing LLC now owns 3,244 shares of the technology company’s stock worth $132,000 after acquiring an additional 760 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in TTM Technologies by 227.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,295 shares of the technology company’s stock valued at $150,000 after acquiring an additional 5,064 shares during the period. Institutional investors and hedge funds own 95.79% of the company’s stock.

TTM Technologies Price Performance

Shares of TTMI opened at $63.10 on Friday. TTM Technologies, Inc. has a twelve month low of $15.77 and a twelve month high of $71.85. The firm’s fifty day simple moving average is $57.83 and its 200-day simple moving average is $44.87. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 50.08 and a beta of 1.66. The company has a current ratio of 2.03, a quick ratio of 1.72 and a debt-to-equity ratio of 0.56.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, October 29th. The technology company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The firm 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 13.43%. The company’s revenue was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 earnings per share. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Equities analysts forecast that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, VP Steven Spoto sold 1,000 shares of the stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $66.95, for a total value of $66,950.00. Following the transaction, the vice president owned 27,649 shares in the company, valued at approximately $1,851,100.55. This represents a 3.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robert P. Farrell sold 3,476 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $68.93, for a total value of $239,600.68. Following the sale, the insider directly owned 20,346 shares in the company, valued at $1,402,449.78. This trade represents a 14.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 52,469 shares of company stock valued at $2,341,471. 1.30% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have issued reports on TTMI shares. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Truist Financial upped their target price on shares of TTM Technologies from $60.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Stifel Nicolaus raised their price target 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. Finally, B. Riley reaffirmed a “buy” rating on shares of TTM Technologies in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. Based on data from MarketBeat.com, TTM Technologies has an average rating of “Buy” and a consensus target price of $65.50.

TTM Technologies 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.