TTM Technologies, Inc. $TTMI Position Increased by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky increased its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 24.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 32,164 shares of the technology company’s stock after buying an additional 6,310 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in TTM Technologies were worth $3,133,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new position in shares of TTM Technologies during the fourth quarter worth about $30,000. Truvestments Capital LLC bought a new stake in TTM Technologies in the 4th quarter valued at about $30,000. Rakuten Securities Inc. acquired a new position in TTM Technologies during the 4th quarter valued at about $32,000. Wolff Wiese Magana LLC bought a new position in TTM Technologies in the 4th quarter worth about $34,000. Finally, Danske Bank A S bought a new position in TTM Technologies in the 4th quarter worth about $34,000. 95.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TTMI has been the topic of a number of recent analyst reports. Needham & Company LLC lifted their price target on TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Zacks Research cut TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Stifel Nicolaus lifted their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Finally, B. Riley Financial boosted their price target on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $212.00.

Insider Activity at TTM Technologies

In related news, EVP Shawn A. Powers sold 9,856 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total transaction of $2,067,788.80. Following the completion of the sale, the executive vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel J. Weber sold 8,533 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total transaction of $1,790,223.40. Following the sale, the executive vice president owned 86,088 shares of the company’s stock, valued at $18,061,262.40. The trade was a 9.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 82,043 shares of company stock worth $17,191,859. Company insiders own 1.30% of the company’s stock.

TTM Technologies Stock Up 4.1%

TTMI opened at $141.97 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The company has a market capitalization of $14.74 billion, a PE ratio of 76.74 and a beta of 2.10. The stock’s fifty day moving average is $177.40 and its 200-day moving average is $127.57. TTM Technologies, Inc. has a one year low of $39.20 and a one year high of $223.83.

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