China Universal Asset Management Co. Ltd. Purchases Shares of 24,000 TTM Technologies, Inc. $TTMI

China Universal Asset Management Co. Ltd. acquired a new position in TTM Technologies, Inc. (NASDAQ:TTMI) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 24,000 shares of the technology company’s stock, valued at approximately $1,382,000.

Other large investors have also made changes to their positions in the company. FengHe Fund Management Pte. Ltd. acquired a new stake in TTM Technologies in the 3rd quarter valued at approximately $54,148,000. SG Capital Management LLC bought a new stake in shares of TTM Technologies in the third quarter valued at approximately $53,803,000. Invesco Ltd. grew its stake in shares of TTM Technologies by 55.7% in the second 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. Neumeier Poma Investment Counsel LLC bought a new position in TTM Technologies during the second quarter worth $25,824,000. Finally, CloudAlpha Capital Management Limited Hong Kong acquired a new position in TTM Technologies during the 2nd quarter valued at $16,914,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

TTM Technologies Stock Up 7.5%

Shares of TTMI opened at $107.93 on Friday. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average price of $85.82 and a two-hundred day moving average price of $66.96. The stock has a market cap of $11.16 billion, a price-to-earnings ratio of 63.86 and a beta of 1.75. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $111.00.

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

Analyst Upgrades and Downgrades

TTMI has been the topic of several research analyst reports. B. Riley Financial raised their price target on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Truist Financial set a $113.00 price target on TTM Technologies in a research note on Wednesday, January 14th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Finally, Needham & Company LLC lifted 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 analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $117.25.

Insider Activity

In other news, EVP Catherine A. Gridley sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $95.11, for a total value of $951,100.00. Following the transaction, the executive vice president directly owned 98,645 shares of the company’s stock, valued at $9,382,125.95. The trade was a 9.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $96.12, for a total value of $1,614,816.00. Following the sale, the director directly owned 783,406 shares of the company’s stock, valued at $75,300,984.72. This represents a 2.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 70,350 shares of company stock valued at $6,209,106. Company insiders own 1.30% of the company’s stock.

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.