TTM Technologies, Inc. $TTMI Position Decreased by May Hill Capital LLC

May Hill Capital LLC lowered its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 1.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,338 shares of the technology company’s stock after selling 435 shares during the period. May Hill Capital LLC’s holdings in TTM Technologies were worth $993,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nuveen LLC bought a new stake in TTM Technologies during the first quarter worth approximately $31,763,000. Cubist Systematic Strategies LLC lifted its position in shares of TTM Technologies by 1,070.1% during the 1st quarter. Cubist Systematic Strategies LLC now owns 470,679 shares of the technology company’s stock valued at $9,654,000 after acquiring an additional 430,453 shares during the last quarter. Emerald Advisers LLC boosted its stake in shares of TTM Technologies by 34.3% during the 1st quarter. Emerald Advisers LLC now owns 1,439,931 shares of the technology company’s stock worth $29,533,000 after acquiring an additional 367,798 shares in the last quarter. Invesco Ltd. grew its holdings in shares of TTM Technologies by 35.3% in the 1st quarter. Invesco Ltd. now owns 1,357,707 shares of the technology company’s stock worth $27,847,000 after acquiring an additional 354,342 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust raised its position in shares of TTM Technologies by 52.2% during the first quarter. Emerald Mutual Fund Advisers Trust now owns 886,701 shares of the technology company’s stock worth $18,186,000 after purchasing an additional 304,176 shares during the period. 95.79% of the stock is currently owned by institutional investors.

TTM Technologies Stock Up 0.3%

TTMI stock opened at $58.90 on Tuesday. The company has a 50 day moving average of $51.99 and a two-hundred day moving average of $40.73. The company has a market cap of $6.09 billion, a price-to-earnings ratio of 65.44 and a beta of 1.63. TTM Technologies, Inc. has a 12-month low of $15.77 and a 12-month high of $62.60. The company has a quick ratio of 1.72, a current ratio of 2.03 and a debt-to-equity ratio of 0.56.

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

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TTMI. Stifel Nicolaus increased their price target on TTM Technologies from $40.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Truist Financial upped their price objective on shares of TTM Technologies from $41.00 to $48.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Zacks Research cut shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. B. Riley restated a “buy” rating on shares of TTM Technologies in a report on Friday, October 10th. Finally, Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, TTM Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $54.50.

Insider Buying and Selling

In related news, EVP Catherine A. Gridley sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $40.46, for a total value of $1,011,500.00. Following the completion of the sale, the executive vice president owned 101,986 shares of the company’s stock, valued at approximately $4,126,353.56. The trade was a 19.69% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Tom Clapprood sold 15,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $44.68, for a total value of $670,200.00. Following the completion of the transaction, the insider owned 23,531 shares in the company, valued at $1,051,365.08. This represents a 38.93% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 66,477 shares of company stock worth $2,867,405. 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.