Hillsdale Investment Management Inc. boosted its holdings in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 2,984.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,010 shares of the technology company’s stock after purchasing an additional 3,880 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in TTM Technologies were worth $391,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Polar Capital Holdings Plc purchased a new stake in TTM Technologies in the 3rd quarter valued at about $176,376,000. Invesco Ltd. lifted its holdings in shares of TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after acquiring an additional 2,699,494 shares during the period. Whale Rock Capital Management LLC boosted its position in shares of TTM Technologies by 112.1% in the fourth quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock worth $295,066,000 after acquiring an additional 2,260,035 shares during the last quarter. Castle Hook Partners LP acquired a new stake in shares of TTM Technologies in the fourth quarter worth approximately $133,351,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in TTM Technologies by 575.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock valued at $105,490,000 after purchasing an additional 1,560,394 shares during the period. 95.79% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts recently commented on TTMI shares. Needham & Company LLC upped their price target on shares of 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 boosted their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. 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, Stifel Nicolaus lifted their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $212.00.
TTM Technologies Stock Down 9.4%
TTMI opened at $130.14 on Friday. TTM Technologies, Inc. has a 1 year low of $39.20 and a 1 year high of $223.83. The firm has a 50 day moving average price of $176.51 and a 200 day moving average price of $128.48. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The company has a market cap of $13.52 billion, a PE ratio of 70.35 and a beta of 2.10.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company had revenue of $845.98 million during the quarter, compared to the consensus estimate of $789.84 million. During the same period in the previous year, the firm earned $0.50 earnings per share. TTM Technologies’s revenue for the quarter was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Sell-side analysts expect that TTM Technologies, Inc. will post 3.66 earnings per share for the current year.
Insider Buying and Selling at TTM Technologies
In related news, EVP Daniel J. Weber sold 8,533 shares of the stock in a transaction 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. This represents a 9.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Catherine A. Gridley sold 8,966 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total value of $1,881,066.80. Following the completion of the transaction, the executive vice president directly owned 69,679 shares in the company, valued at $14,618,654.20. This trade represents a 11.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 82,043 shares of company stock worth $17,191,859. Corporate insiders own 1.30% of the company’s stock.
About TTM Technologies
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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