Navellier & Associates Inc. Purchases New Shares in TTM Technologies, Inc. $TTMI

Navellier & Associates Inc. acquired a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 56,788 shares of the technology company’s stock, valued at approximately $3,271,000. Navellier & Associates Inc. owned 0.05% of TTM Technologies as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC lifted its stake in TTM Technologies by 0.3% in the second quarter. Geode Capital Management LLC now owns 2,557,256 shares of the technology company’s stock worth $104,399,000 after purchasing an additional 7,814 shares during the last quarter. Invesco Ltd. lifted its stake in shares of TTM Technologies by 55.7% during the 2nd quarter. Invesco Ltd. now owns 2,114,409 shares of the technology company’s stock worth $86,310,000 after acquiring an additional 756,702 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in TTM Technologies by 7.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $34,989,000 after acquiring an additional 115,766 shares during the period. Bank of America Corp DE grew its position in TTM Technologies by 8.4% in the 2nd quarter. Bank of America Corp DE now owns 1,197,109 shares of the technology company’s stock valued at $48,866,000 after acquiring an additional 92,366 shares during the last quarter. Finally, Loomis Sayles & Co. L P grew its position in TTM Technologies by 3.1% in the 2nd quarter. Loomis Sayles & Co. L P now owns 1,141,308 shares of the technology company’s stock valued at $46,588,000 after acquiring an additional 34,520 shares during the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Insider Buying and Selling

In other TTM Technologies news, insider Robert P. Farrell sold 643 shares of TTM Technologies stock in a transaction on Monday, November 17th. The shares were sold at an average price of $66.98, for a total value of $43,068.14. Following the transaction, the insider directly owned 19,406 shares of the company’s stock, valued at approximately $1,299,813.88. The trade was a 3.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John G. Mayer sold 9,167 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $68.13, for a total value of $624,547.71. Following the sale, the director owned 165,140 shares of the company’s stock, valued at approximately $11,250,988.20. This represents a 5.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 49,194 shares of company stock valued at $3,828,510 over the last quarter. Insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

TTMI has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Truist Financial set a $113.00 target price on shares of TTM Technologies in a research report on Wednesday, January 14th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Weiss Ratings cut TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, February 4th. Finally, Needham & Company LLC raised their price objective on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and an average price target of $117.25.

TTM Technologies Trading Down 0.6%

TTMI opened at $97.98 on Tuesday. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52. The firm has a market cap of $10.12 billion, a price-to-earnings ratio of 57.98 and a beta of 1.74. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $111.00. The stock has a fifty day moving average price of $81.99 and a 200-day moving average price of $64.16.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. The company had revenue of $763.53 million for the quarter, compared to analyst estimates of $752.96 million. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The firm’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.60 earnings per share. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, equities research analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

TTM Technologies 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.