Dana Investment Advisors Inc. Trims Stake in TTM Technologies, Inc. $TTMI

Dana Investment Advisors Inc. lessened its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 18.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 254,094 shares of the technology company’s stock after selling 55,634 shares during the period. Dana Investment Advisors Inc. owned approximately 0.25% of TTM Technologies worth $14,636,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TTMI. Vanguard Group Inc. lifted its position in TTM Technologies by 0.5% in the third quarter. Vanguard Group Inc. now owns 13,156,053 shares of the technology company’s stock valued at $757,789,000 after buying an additional 60,002 shares during the last quarter. Geode Capital Management LLC increased its position in shares of TTM Technologies by 0.3% during the second quarter. Geode Capital Management LLC now owns 2,557,256 shares of the technology company’s stock valued at $104,399,000 after acquiring an additional 7,814 shares during the last quarter. Invesco Ltd. raised its stake in shares of TTM Technologies by 55.7% in the 2nd quarter. Invesco Ltd. now owns 2,114,409 shares of the technology company’s stock valued at $86,310,000 after acquiring an additional 756,702 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of TTM Technologies by 7.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock worth $34,989,000 after acquiring an additional 115,766 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of TTM Technologies by 8.4% during the 2nd quarter. Bank of America Corp DE now owns 1,197,109 shares of the technology company’s stock worth $48,866,000 after purchasing an additional 92,366 shares during the period. 95.79% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Daniel J. Weber sold 12,000 shares of TTM Technologies stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $93.88, for a total value of $1,126,560.00. Following the completion of the transaction, the executive vice president owned 94,621 shares in the company, valued at $8,883,019.48. The trade was a 11.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Anthony Joseph Sandeen sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was 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 of the company’s stock, valued at $2,789,046.60. This trade represents a 4.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 90,350 shares of company stock worth $8,327,906 in the last ninety days. 1.30% of the stock is owned by insiders.

TTM Technologies Stock Down 1.0%

Shares of NASDAQ TTMI opened at $106.85 on Tuesday. The stock has a market cap of $11.05 billion, a P/E ratio of 63.22 and a beta of 1.74. The business’s fifty day simple moving average is $86.51 and its 200-day simple moving average is $67.74. TTM Technologies, Inc. has a 12-month low of $15.77 and a 12-month high of $111.00. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52.

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

Wall Street Analysts Forecast Growth

TTMI has been the subject of several research reports. Needham & Company LLC lifted their target price on shares of TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Stifel Nicolaus set a $108.00 price objective on TTM Technologies in a research note on Thursday, February 5th. B. Riley Financial increased their target price on TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Finally, Truist Financial set a $113.00 target price on TTM Technologies in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat, TTM Technologies has a consensus rating of “Buy” and a consensus target price of $117.25.

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.