TTM Technologies, Inc. $TTMI Shares Sold by GW&K Investment Management LLC

GW&K Investment Management LLC lowered its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 39.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,543 shares of the technology company’s stock after selling 60,287 shares during the quarter. GW&K Investment Management LLC owned about 0.09% of TTM Technologies worth $5,330,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legato Capital Management LLC increased its position in shares of TTM Technologies by 104.6% during the 3rd quarter. Legato Capital Management LLC now owns 20,000 shares of the technology company’s stock valued at $1,152,000 after purchasing an additional 10,225 shares during the period. Quantbot Technologies LP lifted its holdings in TTM Technologies by 75.2% in the 3rd quarter. Quantbot Technologies LP now owns 48,536 shares of the technology company’s stock valued at $2,796,000 after acquiring an additional 20,833 shares during the last quarter. Choreo LLC increased its holdings in shares of TTM Technologies by 1.4% in the third quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock valued at $818,000 after buying an additional 191 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of TTM Technologies by 15.1% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 105,559 shares of the technology company’s stock valued at $6,080,000 after acquiring an additional 13,887 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC boosted its stake in shares of TTM Technologies by 18.4% during the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 749,125 shares of the technology company’s stock worth $43,150,000 after acquiring an additional 116,500 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Catherine A. Gridley sold 20,000 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Weber sold 12,000 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $93.88, for a total value of $1,126,560.00. Following the completion of the transaction, the executive vice president directly owned 94,621 shares of the company’s stock, valued at approximately $8,883,019.48. This trade represents a 11.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 105,150 shares of company stock worth $9,900,522 in the last ninety days. Insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on TTMI shares. B. Riley Financial raised their target price on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Needham & Company LLC raised their target price on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Truist Financial set a $113.00 price objective on TTM Technologies in a research note on Wednesday, January 14th. Finally, Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $117.25.

TTM Technologies Stock Down 11.2%

TTMI opened at $87.91 on Friday. The firm has a market cap of $9.09 billion, a P/E ratio of 52.02 and a beta of 1.74. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.67 and a current ratio of 1.93. The business has a 50 day moving average price of $92.73 and a 200 day moving average price of $71.16. TTM Technologies, Inc. has a twelve month low of $15.77 and a twelve month high of $113.46.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 13.30% and a net margin of 6.11%.The firm’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 earnings per share. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Research analysts forecast that TTM Technologies, Inc. will post 1.76 EPS for the current year.

TTM Technologies Company 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.