TTM Technologies, Inc. $TTMI Stock: China Universal Asset Management Co. Ltd. Trims Position

Posted by George Bondi on Nov 1st, 2026

China Universal Asset Management Co. Ltd. lessened its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 45.3% during the 3rd quarter, Holdings Channel reports. The fund owned 8,200 shares of the technology company’s stock after selling 6,800 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in TTM Technologies were worth $1,007,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in TTM Technologies during the second quarter worth about $2,053,347,000. Wellington Management Group LLP increased its stake in TTM Technologies by 61.9% during the second quarter. Wellington Management Group LLP now owns 2,268,404 shares of the technology company’s stock worth $424,237,000 after acquiring an additional 867,255 shares during the last quarter. Atalan Capital Partners LP purchased a new stake in TTM Technologies in the second quarter valued at $189,234,000. Bank of New York Mellon Corp raised its position in TTM Technologies by 1.6% in the first quarter. Bank of New York Mellon Corp now owns 715,543 shares of the technology company’s stock valued at $69,708,000 after purchasing an additional 11,610 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of TTM Technologies by 6.5% during the 1st quarter. Bank of America Corp DE now owns 636,152 shares of the technology company’s stock worth $61,974,000 after purchasing an additional 38,710 shares during the period. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Analyst Upgrades and Downgrades

TTMI has been the subject of a number of recent analyst reports. Truist Financial dropped their price target on shares of TTM Technologies from $231.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, October 23rd. Needham & Company LLC dropped their target price on TTM Technologies from $175.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, October 23rd. Wall Street Zen lowered shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Weiss Ratings cut shares of TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $173.25.

View Our Latest Research Report on TTM Technologies

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $82.94 on Friday. The company’s fifty day moving average price is $113.29 and its 200 day moving average price is $127.55. The firm has a market capitalization of $8.74 billion, a P/E ratio of 33.04 and a beta of 2.14. TTM Technologies, Inc. has a 12 month low of $55.44 and a 12 month high of $223.83. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.67 and a quick ratio of 1.49.

TTM Technologies (NASDAQ:TTMI – Get Free Report) last posted its earnings results on Thursday, October 22nd. The technology company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.21. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. TTM Technologies had a return on equity of 19.19% and a net margin of 7.01%. The business’s quarterly revenue was up 59.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.50 EPS. As a group, sell-side analysts predict that TTM Technologies, Inc. will post 4.36 earnings per share for the current fiscal year.

Insider Activity at TTM Technologies

In related news, SVP Dale Knecht sold 26,198 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $142.00, for a total transaction of $3,720,116.00. Following the completion of the sale, the senior vice president owned 40,138 shares in the company, valued at $5,699,596. This represents a 39.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Wajid Ali acquired 10,000 shares of the company’s stock in a transaction on Wednesday, October 28th. The stock was acquired at an average price of $90.25 per share, for a total transaction of $902,500.00. Following the completion of the purchase, the director owned 35,835 shares of the company’s stock, valued at $3,234,108.75. This trade represents a 38.71% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 25,000 shares of company stock worth $2,460,550 in the last 90 days. 1.30% of the stock is owned by insiders.

TTM Technologies Company Profile

(Free Report)

TTM Technologies, Inc is a manufacturer of technology solutions and printed circuit boards (PCBs), which are used to connect and support electronic components in a wide range of products. The company produces conventional rigid PCBs as well as high-density interconnect, flexible and rigid-flex circuit boards, and other advanced circuit technologies.

TTM also provides radio-frequency and microwave/microelectronic assembly capabilities, including components and assemblies used in communications, radar and other high-frequency applications.