SG Americas Securities LLC Purchases 15,435 Shares of TTM Technologies, Inc. $TTMI

SG Americas Securities LLC grew its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 362.8% during the third quarter, Holdings Channel reports. The fund owned 19,689 shares of the technology company’s stock after purchasing an additional 15,435 shares during the period. SG Americas Securities LLC’s holdings in TTM Technologies were worth $1,134,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in TTM Technologies in the third quarter worth $39,000. Concord Wealth Partners bought a new stake in shares of TTM Technologies during the 2nd quarter valued at $47,000. EverSource Wealth Advisors LLC grew its position in shares of TTM Technologies by 52.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock worth $51,000 after buying an additional 430 shares during the period. GAMMA Investing LLC increased its stake in shares of TTM Technologies by 30.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,244 shares of the technology company’s stock worth $132,000 after acquiring an additional 760 shares in the last quarter. Finally, USA Financial Formulas bought a new position in shares of TTM Technologies in the 3rd quarter worth about $141,000. 95.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TTMI has been the topic of several research reports. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Wall Street Zen cut TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. B. Riley upped their price target on TTM Technologies from $75.00 to $81.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Truist Financial set a $113.00 price objective on TTM Technologies in a research note on Wednesday. Finally, Needham & Company LLC boosted their target price on TTM Technologies from $79.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Five research 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 a consensus rating of “Moderate Buy” and a consensus price target of $88.50.

Insider Transactions at TTM Technologies

In related news, insider Anthony Joseph Sandeen sold 2,000 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $67.30, for a total value of $134,600.00. Following the transaction, the insider directly owned 41,442 shares of the company’s stock, valued at approximately $2,789,046.60. This trade represents a 4.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $69.75, for a total value of $1,171,800.00. Following the sale, the director directly owned 804,923 shares of the company’s stock, valued at $56,143,379.25. This represents a 2.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 36,870 shares of company stock worth $2,520,245 over the last three months. 1.30% of the stock is currently owned by insiders.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $101.01 on Friday. The company has a quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $10.44 billion, a PE ratio of 80.17 and a beta of 1.74. The firm’s 50 day moving average price is $71.75 and its 200-day moving average price is $58.04. TTM Technologies, Inc. has a twelve month low of $15.77 and a twelve month high of $106.68.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. The company had revenue of $752.74 million during the quarter, compared to analyst estimates of $711.91 million. During the same period in the previous year, the business posted $0.41 earnings per share. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Equities research analysts expect that TTM Technologies, Inc. will post 1.76 EPS for the current year.

About TTM Technologies

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.