Dimensional Fund Advisors LP decreased its holdings in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 16.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,311,094 shares of the technology company’s stock after selling 879,747 shares during the quarter. Dimensional Fund Advisors LP’s holdings in TTM Technologies were worth $419,918,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in the stock. Parallel Advisors LLC increased its position in TTM Technologies by 36.2% during the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after purchasing an additional 87 shares during the period. Lido Advisors LLC lifted its position in shares of TTM Technologies by 1.5% in the 4th quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after purchasing an additional 116 shares during the period. Fifth Third Wealth Advisors LLC boosted its stake in shares of TTM Technologies by 4.5% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock valued at $320,000 after purchasing an additional 142 shares in the last quarter. Tocqueville Asset Management L.P. boosted its stake in shares of TTM Technologies by 0.8% during the 4th quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock valued at $1,301,000 after purchasing an additional 158 shares in the last quarter. Finally, Larson Financial Group LLC increased its position in shares of TTM Technologies by 4.4% during the third quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock valued at $229,000 after buying an additional 167 shares during the period. Institutional investors own 95.79% of the company’s stock.
Insider Transactions at TTM Technologies
In other news, EVP Shawn A. Powers sold 3,367 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $703,500.98. Following the completion of the sale, the executive vice president directly owned 120,801 shares in the company, valued at $25,240,160.94. This represents a 2.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Daniel J. Weber sold 2,915 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 82,043 shares of company stock worth $17,191,859 over the last three months. 1.30% of the stock is currently owned by insiders.
TTM Technologies Stock Performance
TTM Technologies (NASDAQ:TTMI – Get Free Report) last announced its earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same period in the prior year, the company earned $0.50 earnings per share. The firm’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, equities research analysts predict that TTM Technologies, Inc. will post 3.66 EPS for the current year.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on TTMI shares. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. B. Riley Financial lifted their price objective on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. 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 report on Thursday, June 18th. Truist Financial increased their target price on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $212.00.
Check Out Our Latest Report on TTMI
TTM Technologies Profile
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 systemâlevel 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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