Yousif Capital Management LLC Sells 4,121 Shares of TTM Technologies, Inc. $TTMI

Yousif Capital Management LLC decreased its position in TTM Technologies, Inc. (NASDAQ:TTMIFree Report) by 12.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 27,993 shares of the technology company’s stock after selling 4,121 shares during the period. Yousif Capital Management LLC’s holdings in TTM Technologies were worth $1,932,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of TTMI. Royal Bank of Canada lifted its holdings in shares of TTM Technologies by 66.6% in the first quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock valued at $543,000 after purchasing an additional 10,565 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of TTM Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock valued at $1,232,000 after purchasing an additional 2,632 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of TTM Technologies by 7.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $34,989,000 after purchasing an additional 115,766 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of TTM Technologies by 7.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,563 shares of the technology company’s stock valued at $3,908,000 after purchasing an additional 13,691 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of TTM Technologies by 1,150.2% in the first quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock valued at $2,869,000 after purchasing an additional 128,700 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors.

TTM Technologies Stock Performance

Shares of TTMI stock opened at $123.49 on Tuesday. The company’s fifty day simple moving average is $99.56 and its 200-day simple moving average is $81.00. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52. The firm has a market cap of $12.82 billion, a PE ratio of 73.07 and a beta of 1.76. TTM Technologies, Inc. has a 12 month low of $17.93 and a 12 month high of $124.81.

TTM Technologies (NASDAQ:TTMIGet Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The business had revenue of $763.53 million for the quarter, compared to analyst estimates of $752.96 million. During the same quarter in the previous year, the firm posted $0.60 earnings per share. The firm’s revenue for the quarter was up 19.0% on a year-over-year basis. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Equities research analysts expect that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other TTM Technologies news, EVP Daniel J. Weber sold 12,000 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the sale, the executive vice president directly owned 94,621 shares of the company’s stock, valued at approximately $8,883,019.48. This represents a 11.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the sale, the executive vice president directly owned 78,645 shares in the company, valued at $8,331,651.30. This trade represents a 20.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 105,150 shares of company stock valued at $10,412,586. 1.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on TTMI shares. Zacks Research lowered TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Needham & Company LLC boosted their price objective on shares of TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. B. Riley Financial boosted their price objective on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Stifel Nicolaus set a $108.00 price objective on shares of TTM Technologies in a research report on Thursday, February 5th. Finally, Truist Financial set a $113.00 price objective on shares of TTM Technologies in a research report on Wednesday, January 14th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, TTM Technologies has an average rating of “Moderate Buy” and a consensus target price of $117.25.

Read Our Latest Stock Report on TTMI

TTM Technologies Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding TTMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TTM Technologies, Inc. (NASDAQ:TTMIFree Report).

Institutional Ownership by Quarter for TTM Technologies (NASDAQ:TTMI)

Receive News & Ratings for TTM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies and related companies with MarketBeat.com's FREE daily email newsletter.