Allianz Asset Management GmbH Purchases 10,514 Shares of TTM Technologies, Inc. $TTMI

Allianz Asset Management GmbH lifted its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 8.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,614 shares of the technology company’s stock after purchasing an additional 10,514 shares during the quarter. Allianz Asset Management GmbH owned 0.14% of TTM Technologies worth $5,617,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in TTMI. SG Americas Securities LLC grew its stake in TTM Technologies by 41.3% in the first quarter. SG Americas Securities LLC now owns 14,657 shares of the technology company’s stock valued at $301,000 after acquiring an additional 4,283 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in TTM Technologies by 4.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 14,609 shares of the technology company’s stock worth $300,000 after purchasing an additional 660 shares in the last quarter. Illinois Municipal Retirement Fund lifted its stake in TTM Technologies by 7.3% in the first quarter. Illinois Municipal Retirement Fund now owns 56,153 shares of the technology company’s stock valued at $1,152,000 after buying an additional 3,827 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of TTM Technologies by 23.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 49,433 shares of the technology company’s stock worth $1,024,000 after acquiring an additional 9,311 shares in the last quarter. Finally, New York State Teachers Retirement System raised its holdings in shares of TTM Technologies by 0.5% during the first quarter. New York State Teachers Retirement System now owns 110,577 shares of the technology company’s stock worth $2,268,000 after acquiring an additional 567 shares during the period. Institutional investors own 95.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TTMI. Zacks Research cut TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Truist Financial lifted their target price on TTM Technologies from $41.00 to $48.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Needham & Company LLC boosted their target price on TTM Technologies from $56.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, September 23rd. Stifel Nicolaus lifted their price objective on shares of TTM Technologies from $40.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, Wall Street Zen cut shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $54.50.

TTM Technologies Stock Down 1.8%

TTM Technologies stock opened at $55.69 on Thursday. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.03 and a quick ratio of 1.72. The company’s 50-day moving average is $51.00 and its 200-day moving average is $39.60. The firm has a market capitalization of $5.75 billion, a PE ratio of 61.88 and a beta of 1.63. TTM Technologies, Inc. has a fifty-two week low of $15.77 and a fifty-two week high of $62.60.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, July 30th. The technology company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.06. The business had revenue of $730.62 million during the quarter, compared to the consensus estimate of $668.42 million. TTM Technologies had a net margin of 3.52% and a return on equity of 11.80%. TTM Technologies’s revenue was up 20.7% on a year-over-year basis. During the same period last year, the business posted $0.39 EPS. TTM Technologies has set its Q3 2025 guidance at 0.570-0.630 EPS. Sell-side analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Wajid Ali bought 5,000 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was bought at an average price of $41.75 per share, for a total transaction of $208,750.00. Following the purchase, the director owned 19,024 shares in the company, valued at $794,252. This represents a 35.65% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert P. Farrell sold 1,500 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $46.69, for a total transaction of $70,035.00. Following the completion of the transaction, the insider directly owned 23,822 shares in the company, valued at approximately $1,112,249.18. This represents a 5.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 66,477 shares of company stock worth $2,867,405 in the last quarter. Company insiders own 1.30% of the company’s stock.

TTM Technologies Company Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.