Rokos Capital Management LLP Purchases Shares of 133,769 TTM Technologies, Inc. $TTMI

Rokos Capital Management LLP purchased a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 133,769 shares of the technology company’s stock, valued at approximately $13,031,000.

Several other large investors have also recently made changes to their positions in TTMI. Mitsubishi UFJ Trust & Banking Corp acquired a new position in TTM Technologies during the fourth quarter worth $668,000. Geode Capital Management LLC grew its stake in shares of TTM Technologies by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock valued at $184,119,000 after buying an additional 81,588 shares in the last quarter. Royce & Associates LP grew its stake in shares of TTM Technologies by 103.5% in the fourth quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock valued at $18,564,000 after buying an additional 136,845 shares in the last quarter. Wealth High Governance Capital Ltda raised its holdings in shares of TTM Technologies by 408.6% in 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 buying an additional 147,079 shares during the period. Finally, Robeco Institutional Asset Management B.V. purchased a new stake in shares of TTM Technologies in the 4th quarter valued at $2,767,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

TTM Technologies Stock Down 5.9%

Shares of NASDAQ TTMI opened at $123.71 on Tuesday. The stock has a market cap of $12.85 billion, a P/E ratio of 66.87 and a beta of 2.10. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. TTM Technologies, Inc. has a 12-month low of $39.20 and a 12-month high of $223.83. The business’s fifty day simple moving average is $172.63 and its 200-day simple moving average is $131.78.

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, beating 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 during the quarter, compared to analyst estimates of $789.84 million. During the same period last year, the business posted $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. As a group, equities analysts predict that TTM Technologies, Inc. will post 3.66 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Shawn A. Powers sold 3,367 shares of TTM Technologies stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $703,500.98. Following the completion of the transaction, the executive vice president owned 120,801 shares in the company, valued at approximately $25,240,160.94. This trade represents a 2.71% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert P. Farrell sold 1,304 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.92, for a total value of $272,431.68. Following the transaction, the insider directly owned 16,995 shares of the company’s stock, valued at approximately $3,550,595.40. This represents a 7.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 82,043 shares of company stock worth $17,191,859 over the last ninety days. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

TTMI has been the subject of a number of research analyst reports. Needham & Company LLC raised their target price on TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Stifel Nicolaus boosted their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. B. Riley Financial increased their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Truist Financial lifted their price objective 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. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $212.00.

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.