940,071 Shares in TTM Technologies, Inc. $TTMI Purchased by FengHe Fund Management Pte. Ltd.

FengHe Fund Management Pte. Ltd. acquired a new position in TTM Technologies, Inc. (NASDAQ:TTMI) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 940,071 shares of the technology company’s stock, valued at approximately $54,148,000. TTM Technologies accounts for approximately 4.9% of FengHe Fund Management Pte. Ltd.’s investment portfolio, making the stock its 5th biggest position. FengHe Fund Management Pte. Ltd. owned 0.91% of TTM Technologies as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of TTM Technologies by 9.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 652,034 shares of the technology company’s stock worth $26,616,000 after acquiring an additional 57,606 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in TTM Technologies in the third quarter worth $4,002,000. Voya Investment Management LLC increased its stake in TTM Technologies by 92.7% in the third quarter. Voya Investment Management LLC now owns 53,457 shares of the technology company’s stock worth $3,079,000 after purchasing an additional 25,712 shares during the period. Horizon Investment Services LLC bought a new stake in shares of TTM Technologies during the second quarter worth $316,000. Finally, Intech Investment Management LLC boosted its stake in shares of TTM Technologies by 5.4% during the first quarter. Intech Investment Management LLC now owns 118,782 shares of the technology company’s stock valued at $2,436,000 after purchasing an additional 6,125 shares during the period. Institutional investors own 95.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on TTMI. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Wall Street Zen lowered shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. B. Riley lifted their price target on shares of TTM Technologies from $75.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Truist Financial increased their price objective on TTM Technologies from $78.00 to $91.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Finally, Needham & Company LLC lifted their target price on TTM Technologies from $77.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, TTM Technologies currently has an average rating of “Moderate Buy” and an average target price of $76.50.

Insider Activity

In related news, insider Robert P. Farrell sold 643 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $66.98, for a total transaction of $43,068.14. Following the sale, the insider owned 19,406 shares of the company’s stock, valued at $1,299,813.88. This trade represents a 3.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Anthony Joseph Sandeen sold 2,000 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $67.30, for a total transaction of $134,600.00. Following the completion of the transaction, the insider owned 41,442 shares of the company’s stock, valued at $2,789,046.60. This represents a 4.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 36,870 shares of company stock worth $2,520,245 over the last ninety days. 1.30% of the stock is currently owned by corporate insiders.

TTM Technologies Price Performance

NASDAQ TTMI opened at $73.88 on Friday. The company has a market cap of $7.63 billion, a PE ratio of 58.64 and a beta of 1.74. The firm’s 50 day moving average price is $69.18 and its 200-day moving average price is $56.03. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.66 and a current ratio of 1.94. TTM Technologies, Inc. has a 52-week low of $15.77 and a 52-week high of $80.58.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $752.74 million during the quarter, compared to the consensus estimate of $711.91 million. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. TTM Technologies’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 earnings per share. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Sell-side analysts forecast that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

TTM Technologies Company Profile

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.