OP Asset Management Ltd Invests $459,000 in TTM Technologies, Inc. $TTMI

OP Asset Management Ltd purchased a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMIFree Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,708 shares of the technology company’s stock, valued at approximately $459,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mitsubishi UFJ Trust & Banking Corp bought a new stake in TTM Technologies in the 4th quarter worth about $668,000. Geode Capital Management LLC lifted its position in shares of TTM Technologies by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after buying an additional 81,588 shares in the last quarter. Royce & Associates LP lifted its position in shares of TTM Technologies by 103.5% during the 4th quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock worth $18,564,000 after buying an additional 136,845 shares in the last quarter. Wealth High Governance Capital Ltda boosted its stake in shares of TTM Technologies by 408.6% in the 4th quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock worth $12,632,000 after buying an additional 147,079 shares during the last quarter. Finally, Divisadero Street Capital Management LP purchased a new position in shares of TTM Technologies in the 3rd quarter worth approximately $13,580,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TTMI. Needham & Company LLC increased their price target on TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. B. Riley Financial upped their price objective on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Finally, Stifel Nicolaus raised their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. Based on data from MarketBeat, TTM Technologies has an average rating of “Buy” and an average target price of $212.00.

View Our Latest Stock Analysis on TTMI

Key Headlines Impacting TTM Technologies

Here are the key news stories impacting TTM Technologies this week:

  • Positive Sentiment: TTM Technologies was upgraded to Zacks Rank #1 (Strong Buy), suggesting improved earnings expectations and stronger near-term sentiment from analysts. TTM upgraded to Strong Buy
  • Positive Sentiment: TTMI also made Zacks’ Best Momentum Stocks list, which can attract traders looking for continuing price strength. TTMI on Best Momentum Stocks list
  • Positive Sentiment: The stock was added to Zacks’ Strong Buy list, reinforcing bullish sentiment around its earnings outlook and momentum profile. TTMI added to Strong Buy list
  • Neutral Sentiment: Several company insiders, including the CAO, CFO, COO, and multiple EVPs, disclosed share sales at around $208.92-$208.95 per share. While these sales may weigh on sentiment, they were modest relative to their remaining holdings and were fully disclosed in SEC filings. Insider selling disclosures

Insider Buying and Selling

In other TTM Technologies news, insider Robert P. Farrell sold 1,304 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $208.92, for a total transaction of $272,431.68. Following the completion of the transaction, the insider owned 16,995 shares in the company, valued at $3,550,595.40. This trade represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Douglas L. Soder sold 2,874 shares of TTM Technologies stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $600,493.56. Following the completion of the transaction, the executive vice president owned 210,634 shares of the company’s stock, valued at $44,009,867.96. The trade was a 1.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 82,043 shares of company stock worth $17,191,859 in the last quarter. 1.30% of the stock is currently owned by company insiders.

TTM Technologies Trading Up 0.1%

NASDAQ:TTMI opened at $187.02 on Wednesday. TTM Technologies, Inc. has a 12 month low of $39.20 and a 12 month high of $223.83. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. The firm’s 50 day moving average is $175.24 and its 200 day moving average is $121.95. The stock has a market capitalization of $19.42 billion, a PE ratio of 101.09 and a beta of 2.09.

TTM Technologies (NASDAQ:TTMIGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $789.84 million. During the same period in the prior year, the company earned $0.50 earnings per share. TTM Technologies’s revenue 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. Sell-side analysts expect that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.

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.

Further Reading

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

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