TTM Technologies, Inc. $TTMI Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC raised its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 29.7% during the first quarter, HoldingsChannel.com reports. The firm owned 18,209 shares of the technology company’s stock after buying an additional 4,173 shares during the quarter. Hsbc Holdings PLC’s holdings in TTM Technologies were worth $1,726,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Lido Advisors LLC increased its position in TTM Technologies by 1.5% during the 4th quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after purchasing an additional 116 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its position in TTM Technologies by 4.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock valued at $320,000 after buying an additional 142 shares in the last quarter. Tocqueville Asset Management L.P. lifted its position in TTM Technologies by 0.8% during the fourth quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock valued at $1,301,000 after buying an additional 158 shares in the last quarter. Larson Financial Group LLC grew its stake in TTM Technologies by 4.4% during the third quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock worth $229,000 after buying an additional 167 shares during the period. Finally, Ashton Thomas Private Wealth LLC grew its stake in TTM Technologies by 3.3% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 6,665 shares of the technology company’s stock worth $460,000 after buying an additional 214 shares during the period. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Insider Transactions at TTM Technologies

In other TTM Technologies news, SVP Dale Martin Knecht sold 6,754 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $209.79, for a total value of $1,416,921.66. Following the completion of the transaction, the senior vice president directly owned 68,350 shares of the company’s stock, valued at $14,339,146.50. This represents a 8.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Shawn A. Powers sold 9,856 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total value of $2,067,788.80. Following the sale, the executive vice president owned 119,268 shares of the company’s stock, valued at $25,022,426.40. This represents a 7.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 82,043 shares of company stock worth $17,191,859 over the last three months. Insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on TTMI shares. Stifel Nicolaus raised their target price on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Wall Street Zen cut shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Weiss Ratings lowered TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, July 20th. Finally, B. Riley Financial boosted their price objective on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, TTM Technologies presently has an average rating of “Moderate Buy” and an average price target of $212.00.

TTM Technologies Stock Performance

TTMI opened at $131.41 on Monday. The firm’s 50 day moving average is $173.34 and its 200-day moving average is $131.40. TTM Technologies, Inc. has a 52-week low of $39.20 and a 52-week high of $223.83. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $13.65 billion, a P/E ratio of 71.03 and a beta of 2.10.

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

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.