TTM Technologies, Inc. $TTMI Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC cut its stake in TTM Technologies, Inc. (NASDAQ:TTMIFree Report) by 18.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 750,417 shares of the technology company’s stock after selling 164,711 shares during the quarter. TTM Technologies comprises about 2.3% of Emerald Advisers LLC’s investment portfolio, making the stock its 4th biggest position. Emerald Advisers LLC’s holdings in TTM Technologies were worth $73,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Kestra Advisory Services LLC acquired a new stake in shares of TTM Technologies in the fourth quarter valued at about $30,000. Truvestments Capital LLC acquired a new position in TTM Technologies during the 4th quarter worth approximately $30,000. Rakuten Securities Inc. acquired a new position in TTM Technologies during the 4th quarter worth approximately $32,000. Wolff Wiese Magana LLC purchased a new position in TTM Technologies in the 4th quarter worth approximately $34,000. Finally, Danske Bank A S purchased a new position in TTM Technologies in the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Performance

Shares of TTMI stock opened at $136.34 on Tuesday. 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 one year low of $39.20 and a one year high of $223.83. The company’s 50-day simple moving average is $177.76 and its 200-day simple moving average is $127.08. The stock has a market capitalization of $14.16 billion, a price-to-earnings ratio of 73.70 and a beta of 2.10.

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 firm had revenue of $845.98 million during 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. TTM Technologies’s quarterly 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. Equities analysts anticipate that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Daniel J. Weber sold 8,533 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total value of $1,790,223.40. Following the completion of the sale, the executive vice president directly owned 86,088 shares in the company, valued at approximately $18,061,262.40. The trade was a 9.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Dale Martin Knecht sold 6,754 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $209.79, for a total value of $1,416,921.66. Following the sale, the senior vice president directly owned 68,350 shares in the company, valued at approximately $14,339,146.50. This represents a 8.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 82,043 shares of company stock worth $17,191,859. 1.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Stifel Nicolaus upped their target price on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. B. Riley Financial raised their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Needham & Company LLC boosted their price objective on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $212.00.

Check Out Our Latest Analysis on TTMI

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.

See Also

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

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