Ieq Capital LLC Invests $1.15 Million in TTM Technologies, Inc. $TTMI

Ieq Capital LLC purchased a new stake in TTM Technologies, Inc. (NASDAQ:TTMIFree Report) during the second quarter, HoldingsChannel.com reports. The firm purchased 6,150 shares of the technology company’s stock, valued at approximately $1,150,000.

Several other large investors have also recently bought and sold shares of TTMI. BlackRock Inc. bought a new stake in shares of TTM Technologies during the second quarter worth approximately $2,053,347,000. Polar Capital Holdings Plc bought a new position in shares of TTM Technologies during the third quarter worth approximately $176,376,000. Invesco Ltd. increased its stake in shares of TTM Technologies by 127.7% during the third quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after purchasing an additional 2,699,494 shares during the period. Whale Rock Capital Management LLC lifted its holdings in TTM Technologies by 112.1% during the 4th quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock worth $295,066,000 after purchasing an additional 2,260,035 shares during the last quarter. Finally, Castle Hook Partners LP acquired a new stake in TTM Technologies during the 4th quarter worth approximately $133,351,000. 95.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Weiss Ratings lowered TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. B. Riley Financial lifted their target price on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC reissued a “buy” rating and issued a $220.00 target price on shares of TTM Technologies in a research report on Tuesday, August 18th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Finally, Truist Financial raised their price target on shares of TTM Technologies from $215.00 to $224.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, TTM Technologies presently has a consensus rating of “Buy” and a consensus price target of $214.25.

Check Out Our Latest Stock Analysis on TTM Technologies

Insider Buying and Selling

In related news, EVP Daniel J. Weber sold 2,915 shares of TTM Technologies stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total transaction of $609,060.10. Following the sale, the executive vice president directly owned 88,250 shares of the company’s stock, valued at approximately $18,438,955. The trade was a 3.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Edwin Roks acquired 10,000 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were bought at an average price of $111.77 per share, with a total value of $1,117,700.00. Following the completion of the transaction, the chief executive officer owned 64,814 shares in the company, valued at $7,244,260.78. This represents a 18.24% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 108,241 shares of company stock worth $20,911,975 in the last quarter. Corporate insiders own 1.30% of the company’s stock.

TTM Technologies Price Performance

TTMI stock opened at $121.70 on Thursday. The company’s 50-day moving average price is $146.32 and its two-hundred day moving average price is $136.52. The firm has a market cap of $12.82 billion, a P/E ratio of 54.82 and a beta of 2.14. The company has a quick ratio of 1.54, a current ratio of 1.78 and a debt-to-equity ratio of 0.50. TTM Technologies, Inc. has a 12 month low of $42.69 and a 12 month high of $223.83.

TTM Technologies (NASDAQ:TTMIGet Free Report) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.10. TTM Technologies had a return on equity of 15.67% and a net margin of 7.01%.The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $962.04 million. During the same period in the prior year, the company earned $0.58 EPS. TTM Technologies’s revenue for the quarter was up 37.4% on a year-over-year basis. On average, analysts anticipate that TTM Technologies, Inc. will post 4.26 earnings per share for the current fiscal year.

TTM Technologies News Summary

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

  • Positive Sentiment: AI data-center demand is strengthening the commercial business. TTM’s AI-driven data-center surge is improving Commercial segment sales, margins and backlog, while next-generation N+M printed-circuit-board revenue is expected to ramp in the second half of 2026. Can TTMI’s AI Data-Center Boom Reshape Its Commercial Business?
  • Positive Sentiment: Management highlighted record growth on its earnings call. The update reinforces the view that demand from computing, communications and defense customers is translating into stronger bookings and future revenue visibility. TTM Technologies’ Earnings Call Highlights Record Growth
  • Positive Sentiment: CEO Edwin Roks purchased 10,000 shares for approximately $1.12 million. The open-market purchase increased his direct stake by about 18%, a signal of management confidence in TTM’s outlook. TTM Technologies CEO Edwin Roks Buys 10,000 Shares
  • Positive Sentiment: Recent earnings support the bullish narrative. TTM previously exceeded EPS and revenue expectations, with revenue up 37.4% year over year, while analysts maintain a consensus “Buy” rating and targets above the current trading level.
  • Neutral Sentiment: Short-interest data offers little explanatory value. Reported short interest was zero, suggesting the move is not being driven by a conventional short squeeze, although the figure may reflect a reporting-data issue.
  • Negative Sentiment: The CFO sold nearly 5,900 shares worth about $660,500. The sale represented roughly 8% of the CFO’s prior stake and may temper the positive insider-buying signal. Investors are also watching the cost and execution risks associated with the company’s planned acquisition. TTM Technologies CFO Sells Nearly 6,000 Shares

About TTM Technologies

(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.

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

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