8,187 Shares in TTM Technologies, Inc. $TTMI Acquired by Trek Financial LLC

Trek Financial LLC purchased a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,187 shares of the technology company’s stock, valued at approximately $565,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Swiss Life Asset Management Ltd lifted its position in TTM Technologies by 79.3% during the fourth quarter. Swiss Life Asset Management Ltd now owns 8,332 shares of the technology company’s stock valued at $575,000 after buying an additional 3,685 shares in the last quarter. EWA LLC acquired a new position in TTM Technologies during the fourth quarter valued at approximately $209,000. Sequoia Financial Advisors LLC acquired a new position in TTM Technologies during the fourth quarter valued at approximately $256,000. SBI Securities Co. Ltd. lifted its position in TTM Technologies by 3,743.8% during the fourth quarter. SBI Securities Co. Ltd. now owns 3,421 shares of the technology company’s stock valued at $236,000 after buying an additional 3,332 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in TTM Technologies by 10.5% during the fourth quarter. Principal Financial Group Inc. now owns 698,715 shares of the technology company’s stock valued at $48,211,000 after buying an additional 66,472 shares in the last quarter. 95.79% of the stock is owned by institutional investors and hedge funds.

TTM Technologies Trading Up 3.3%

TTMI opened at $168.82 on Thursday. The firm has a market capitalization of $17.53 billion, a P/E ratio of 91.25 and a beta of 2.11. The firm’s 50 day moving average is $116.62 and its 200-day moving average is $92.96. TTM Technologies, Inc. has a 52-week low of $28.12 and a 52-week high of $180.00. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The company had revenue of $845.98 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $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 3.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

TTMI has been the topic of a number of recent research reports. Truist Financial lifted their price target on shares of TTM Technologies from $115.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. B. Riley Financial reaffirmed a “buy” rating on shares of TTM Technologies in a research report on Friday, April 24th. Zacks Research cut shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Needham & Company LLC lifted their price target on shares of TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Stifel Nicolaus lifted their price target on shares of TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, TTM Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $149.50.

Insider Activity

In other news, EVP Daniel J. Weber sold 12,000 shares of TTM Technologies stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the sale, the executive vice president owned 94,621 shares in the company, valued at $8,883,019.48. This trade represents a 11.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 88,350 shares of company stock worth $8,797,770 over the last 90 days. Company insiders own 1.30% of the company’s stock.

About TTM Technologies

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.