Arrowstreet Capital Limited Partnership Increases Stake in TTM Technologies, Inc. $TTMI

Arrowstreet Capital Limited Partnership boosted its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMIFree Report) by 22.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,237,627 shares of the technology company’s stock after acquiring an additional 406,202 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in TTM Technologies were worth $154,396,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Optiver Holding B.V. increased its position in shares of TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after buying an additional 170 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of TTM Technologies in the fourth quarter valued at approximately $30,000. Bessemer Group Inc. increased its position in shares of TTM Technologies by 448.8% in the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after buying an additional 377 shares in the last quarter. Rakuten Securities Inc. purchased a new stake in shares of TTM Technologies in the fourth quarter valued at approximately $32,000. Finally, Wolff Wiese Magana LLC purchased a new stake in shares of TTM Technologies in the fourth quarter valued at approximately $34,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total value of $1,683,864.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TTMI has been the subject of a number of recent analyst reports. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday. Stifel Nicolaus lifted their price target on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $208.00 price target on shares of TTM Technologies in a research note on Thursday, June 11th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and an average target price of $209.00.

Check Out Our Latest Report on TTM Technologies

TTM Technologies Stock Performance

NASDAQ TTMI opened at $206.66 on Tuesday. The stock’s fifty day moving average is $154.76 and its two-hundred day moving average is $111.59. The firm has a market capitalization of $21.46 billion, a P/E ratio of 111.71 and a beta of 2.10. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. TTM Technologies, Inc. has a fifty-two week low of $35.52 and a fifty-two week high of $209.08.

TTM Technologies (NASDAQ:TTMIGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. The company had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, research analysts anticipate that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.

TTM Technologies Company 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.

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

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