Yousif Capital Management LLC Buys 374 Shares of TTM Technologies, Inc. $TTMI

Yousif Capital Management LLC raised its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 1.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 38,027 shares of the technology company’s stock after purchasing an additional 374 shares during the quarter. Yousif Capital Management LLC’s holdings in TTM Technologies were worth $1,552,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TTMI. Nuveen LLC bought a new position in shares of TTM Technologies during the first quarter valued at approximately $31,763,000. Cubist Systematic Strategies LLC raised its holdings in shares of TTM Technologies by 1,070.1% during the first quarter. Cubist Systematic Strategies LLC now owns 470,679 shares of the technology company’s stock valued at $9,654,000 after acquiring an additional 430,453 shares in the last quarter. Emerald Advisers LLC raised its holdings in shares of TTM Technologies by 34.3% during the first quarter. Emerald Advisers LLC now owns 1,439,931 shares of the technology company’s stock valued at $29,533,000 after acquiring an additional 367,798 shares in the last quarter. Invesco Ltd. raised its holdings in shares of TTM Technologies by 35.3% during the first quarter. Invesco Ltd. now owns 1,357,707 shares of the technology company’s stock valued at $27,847,000 after acquiring an additional 354,342 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust raised its holdings in shares of TTM Technologies by 52.2% during the first quarter. Emerald Mutual Fund Advisers Trust now owns 886,701 shares of the technology company’s stock valued at $18,186,000 after acquiring an additional 304,176 shares in the last quarter. Institutional investors own 95.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TTMI shares. B. Riley restated a “buy” rating on shares of TTM Technologies in a report on Friday, October 10th. Stifel Nicolaus increased their price objective on TTM Technologies from $40.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Needham & Company LLC increased their price objective on TTM Technologies from $56.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, September 23rd. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Finally, Truist Financial increased their price objective on TTM Technologies from $41.00 to $48.00 and gave the stock a “buy” rating in a report on Monday, July 7th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, TTM Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $54.50.

TTM Technologies Trading Down 2.2%

TTM Technologies stock opened at $57.16 on Monday. 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, Inc. has a one year low of $15.77 and a one year high of $62.60. The stock has a market capitalization of $5.91 billion, a PE ratio of 63.51 and a beta of 1.63. The business’s fifty day moving average is $50.31 and its 200 day moving average is $39.08.

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

Insider Activity at TTM Technologies

In related news, EVP Catherine A. Gridley sold 20,000 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $44.31, for a total transaction of $886,200.00. Following the sale, the executive vice president directly owned 81,986 shares of the company’s stock, valued at $3,632,799.66. This trade represents a 19.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Steven Spoto sold 3,484 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $46.58, for a total value of $162,284.72. Following the sale, the insider directly owned 28,649 shares in the company, valued at $1,334,470.42. This trade represents a 10.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 66,477 shares of company stock valued at $2,867,405 over the last three months. 1.30% of the stock is owned by insiders.

About TTM Technologies

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.