Intech Investment Management LLC Acquires 6,125 Shares of TTM Technologies, Inc. $TTMI

Intech Investment Management LLC raised its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 5.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 118,782 shares of the technology company’s stock after purchasing an additional 6,125 shares during the quarter. Intech Investment Management LLC owned 0.12% of TTM Technologies worth $2,436,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Quarry LP lifted its position in TTM Technologies by 249.9% during the first quarter. Quarry LP now owns 2,110 shares of the technology company’s stock valued at $43,000 after purchasing an additional 1,507 shares during the last quarter. USA Financial Formulas lifted its position in TTM Technologies by 119.1% during the first quarter. USA Financial Formulas now owns 2,237 shares of the technology company’s stock valued at $46,000 after purchasing an additional 1,216 shares during the last quarter. CWM LLC lifted its position in TTM Technologies by 14.4% during the first quarter. CWM LLC now owns 4,501 shares of the technology company’s stock valued at $92,000 after purchasing an additional 567 shares during the last quarter. State of Wyoming lifted its position in TTM Technologies by 103.3% during the fourth quarter. State of Wyoming now owns 5,708 shares of the technology company’s stock valued at $141,000 after purchasing an additional 2,900 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in TTM Technologies by 227.0% during the first quarter. PNC Financial Services Group Inc. now owns 7,295 shares of the technology company’s stock valued at $150,000 after purchasing an additional 5,064 shares during the last quarter. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Trading Up 5.6%

Shares of TTMI opened at $49.40 on Tuesday. TTM Technologies, Inc. has a 1-year low of $15.77 and a 1-year high of $51.15. The company has a 50-day moving average of $45.12 and a 200 day moving average of $33.37. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of 54.89 and a beta of 1.57. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.03 and a quick ratio of 1.72.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.06. TTM Technologies had a net margin of 3.52% and a return on equity of 11.80%. The company had revenue of $730.62 million during the quarter, compared to analyst estimates of $668.42 million. During the same quarter last year, the business posted $0.39 EPS. The firm’s revenue for the quarter was up 20.7% on a year-over-year basis. TTM Technologies has set its Q3 2025 guidance at 0.570-0.630 EPS. On average, research analysts expect that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Analyst Ratings Changes

TTMI has been the subject of several research reports. Truist Financial increased their price objective on shares of TTM Technologies from $41.00 to $48.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Stifel Nicolaus raised their target price on shares of TTM Technologies from $40.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Wall Street Zen upgraded shares of TTM Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday. B. Riley raised their target price on shares of TTM Technologies from $36.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, July 17th. Finally, Needham & Company LLC restated a “buy” rating and issued a $56.00 target price on shares of TTM Technologies in a report on Friday, August 15th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, TTM Technologies presently has an average rating of “Buy” and a consensus price target of $52.25.

Insider Activity at TTM Technologies

In other TTM Technologies news, insider Tom Clapprood sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $44.68, for a total transaction of $670,200.00. Following the transaction, the insider owned 23,531 shares of the company’s stock, valued at approximately $1,051,365.08. This trade represents a 38.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert P. Farrell sold 1,500 shares of the firm’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $46.69, for a total transaction of $70,035.00. Following the transaction, the insider directly owned 23,822 shares in the company, valued at $1,112,249.18. This trade represents a 5.92% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 100,759 shares of company stock worth $4,136,826 over the last ninety days. 1.30% of the stock is currently owned by company insiders.

TTM Technologies Company Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.