Hsbc Holdings PLC Boosts Position in TTM Technologies, Inc. $TTMI

Hsbc Holdings PLC raised its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMIFree Report) by 155.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 14,036 shares of the technology company’s stock after acquiring an additional 8,535 shares during the quarter. Hsbc Holdings PLC’s holdings in TTM Technologies were worth $980,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of TTM Technologies during the 4th quarter valued at $668,000. Geode Capital Management LLC increased its holdings in TTM Technologies by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock valued at $184,119,000 after purchasing an additional 81,588 shares in the last quarter. Royce & Associates LP raised its position in TTM Technologies by 103.5% in the fourth quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock valued at $18,564,000 after purchasing an additional 136,845 shares during the period. Wealth High Governance Capital Ltda raised its position in TTM Technologies by 408.6% in the fourth quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock valued at $12,632,000 after purchasing an additional 147,079 shares during the period. Finally, Divisadero Street Capital Management LP acquired a new position in shares of TTM Technologies during the third quarter worth about $13,580,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Daniel J. Weber sold 2,915 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $609,060.10. Following the completion of the transaction, the executive vice president directly owned 88,250 shares in the company, valued at approximately $18,438,955. This represents a 3.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Catherine A. Gridley sold 3,056 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $638,520.64. Following the sale, the executive vice president directly owned 71,866 shares of the company’s stock, valued at $15,015,682.04. The trade was a 4.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 82,043 shares of company stock worth $17,191,859 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

TTM Technologies Stock Performance

NASDAQ:TTMI opened at $136.34 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. The firm has a 50-day moving average of $177.76 and a two-hundred day moving average of $127.08. The stock has a market cap of $14.16 billion, a P/E ratio of 73.70 and a beta of 2.10. TTM Technologies, Inc. has a 1-year low of $39.20 and a 1-year high of $223.83.

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on TTMI shares. Needham & Company LLC upped their target price on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. B. Riley Financial raised their target price on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Stifel Nicolaus upped their price target on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, TTM Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $212.00.

Check Out Our Latest Report on TTM Technologies

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.

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

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