Merit Financial Group LLC Acquires Shares of 4,279 TTM Technologies, Inc. $TTMI

Merit Financial Group LLC acquired a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,279 shares of the technology company’s stock, valued at approximately $295,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TTMI. Royal Bank of Canada lifted its position in TTM Technologies by 66.6% during the first quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock valued at $543,000 after buying an additional 10,565 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in TTM Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock valued at $1,232,000 after buying an additional 2,632 shares during the period. Goldman Sachs Group Inc. lifted its position in TTM Technologies by 7.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $34,989,000 after buying an additional 115,766 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in TTM Technologies by 7.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,563 shares of the technology company’s stock valued at $3,908,000 after buying an additional 13,691 shares during the period. Finally, Jane Street Group LLC lifted its position in TTM Technologies by 1,150.2% during the first quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock valued at $2,869,000 after buying an additional 128,700 shares during the period. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Insider Activity

In related news, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Catherine A. Gridley sold 20,000 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $105.94, for a total value of $2,118,800.00. Following the completion of the transaction, the executive vice president directly owned 78,645 shares of the company’s stock, valued at approximately $8,331,651.30. This trade represents a 20.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 105,150 shares of company stock worth $10,412,586 over the last three months. 1.30% of the stock is currently owned by corporate insiders.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $137.59 on Wednesday. TTM Technologies, Inc. has a 1-year low of $19.58 and a 1-year high of $149.08. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.93 and a quick ratio of 1.67. The business has a fifty day moving average price of $107.09 and a 200-day moving average price of $86.53. The company has a market capitalization of $14.29 billion, a PE ratio of 81.41 and a beta of 1.76.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.02. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The firm had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. During the same period last year, the company earned $0.60 earnings per share. The company’s revenue was up 19.0% on a year-over-year basis. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, equities analysts expect that TTM Technologies, Inc. will post 2.94 EPS for the current fiscal year.

Analysts Set New Price Targets

TTMI has been the subject of several recent research reports. B. Riley Financial reissued a “buy” rating on shares of TTM Technologies in a research report on Friday. Stifel Nicolaus raised their price objective on TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Zacks Research lowered TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Needham & Company LLC raised their price objective on TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Finally, Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $124.00.

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.