Emerald Advisers LLC Reduces Stock Holdings in TTM Technologies, Inc. $TTMI

Emerald Advisers LLC lessened its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 28.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,007,555 shares of the technology company’s stock after selling 395,762 shares during the period. TTM Technologies comprises about 1.9% of Emerald Advisers LLC’s portfolio, making the stock its 6th largest holding. Emerald Advisers LLC owned 0.98% of TTM Technologies worth $58,035,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the stock. Salomon & Ludwin LLC purchased a new stake in shares of TTM Technologies during the third quarter valued at $39,000. Concord Wealth Partners purchased a new stake in TTM Technologies during the second quarter valued at about $47,000. EverSource Wealth Advisors LLC lifted its stake in TTM Technologies by 52.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock valued at $51,000 after buying an additional 430 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of TTM Technologies by 30.6% in the second quarter. GAMMA Investing LLC now owns 3,244 shares of the technology company’s stock worth $132,000 after buying an additional 760 shares during the period. Finally, USA Financial Formulas purchased a new position in shares of TTM Technologies in the third quarter worth approximately $141,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $99.87 on Thursday. The firm has a market cap of $10.32 billion, a price-to-earnings ratio of 79.26 and a beta of 1.74. TTM Technologies, Inc. has a 1 year low of $15.77 and a 1 year high of $106.68. The company has a current ratio of 1.94, a quick ratio of 1.66 and a debt-to-equity ratio of 0.54. The business has a fifty day simple moving average of $73.56 and a 200 day simple moving average of $59.21.

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

Insider Buying and Selling

In other news, insider Anthony Joseph Sandeen sold 2,000 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $67.30, for a total transaction of $134,600.00. Following the transaction, the insider owned 41,442 shares in the company, valued at approximately $2,789,046.60. This trade represents a 4.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $69.75, for a total transaction of $1,171,800.00. Following the completion of the sale, the director directly owned 804,923 shares of the company’s stock, valued at approximately $56,143,379.25. The trade was a 2.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 36,870 shares of company stock valued at $2,520,245. 1.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TTMI has been the subject of a number of recent analyst reports. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Truist Financial set a $113.00 target price on TTM Technologies in a research report on Wednesday, January 14th. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Wall Street Zen downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Finally, B. Riley lifted their target price on TTM Technologies from $75.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, TTM Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $88.50.

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.