Commonwealth Equity Services LLC Sells 13,119 Shares of TTM Technologies, Inc. $TTMI

Commonwealth Equity Services LLC cut its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 22.3% during the 4th quarter, HoldingsChannel reports. The firm owned 45,587 shares of the technology company’s stock after selling 13,119 shares during the period. Commonwealth Equity Services LLC’s holdings in TTM Technologies were worth $3,146,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of TTM Technologies during the 4th quarter valued at approximately $668,000. Navellier & Associates Inc. bought a new stake in shares of TTM Technologies during the 3rd quarter valued at approximately $3,271,000. Geode Capital Management LLC grew its holdings in shares of TTM Technologies by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock valued at $184,119,000 after purchasing an additional 81,588 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of TTM Technologies by 338.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 12,777 shares of the technology company’s stock valued at $736,000 after purchasing an additional 9,864 shares during the last quarter. Finally, Wealth High Governance Capital Ltda grew its holdings in shares of TTM Technologies by 408.6% during the 4th quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock valued at $12,632,000 after purchasing an additional 147,079 shares during the last quarter. 95.79% of the stock is owned by institutional investors.

TTM Technologies Trading Down 2.5%

NASDAQ:TTMI opened at $173.86 on Wednesday. The firm’s fifty day moving average is $147.16 and its 200-day moving average is $108.01. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. TTM Technologies, Inc. has a 52 week low of $35.01 and a 52 week high of $200.68. The firm has a market cap of $18.06 billion, a P/E ratio of 93.98 and a beta of 2.09.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. During the same period in the prior year, the firm posted $0.50 EPS. The company’s quarterly revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities analysts expect that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.

Insider Activity at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TTMI shares. B. Riley Financial lifted their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Truist Financial lifted their price target on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC boosted their target price on shares of TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. Based on data from MarketBeat, TTM Technologies presently has a consensus rating of “Buy” and an average target price of $209.00.

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.