American Century Companies Inc. Sells 421,653 Shares of TTM Technologies, Inc. $TTMI

American Century Companies Inc. lessened its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 30.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 947,581 shares of the technology company’s stock after selling 421,653 shares during the quarter. American Century Companies Inc. owned about 0.92% of TTM Technologies worth $54,581,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Quantbot Technologies LP boosted its position in shares of TTM Technologies by 75.2% during the 3rd quarter. Quantbot Technologies LP now owns 48,536 shares of the technology company’s stock valued at $2,796,000 after acquiring an additional 20,833 shares during the last quarter. Choreo LLC raised its stake in TTM Technologies by 1.4% during the third quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock valued at $818,000 after purchasing an additional 191 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in TTM Technologies by 15.1% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 105,559 shares of the technology company’s stock valued at $6,080,000 after purchasing an additional 13,887 shares during the last quarter. Neumeier Poma Investment Counsel LLC grew its stake in shares of TTM Technologies by 18.4% in the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 749,125 shares of the technology company’s stock worth $43,150,000 after buying an additional 116,500 shares in the last quarter. Finally, Westfield Capital Management Co. LP purchased a new position in shares of TTM Technologies in the 3rd quarter worth $57,271,000. 95.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TTMI shares. Truist Financial set a $113.00 price target on shares of TTM Technologies in a report on Wednesday, January 14th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. B. Riley Financial boosted their target price on TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Needham & Company LLC increased their price target on TTM Technologies from $105.00 to $125.00 and gave the company 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 stock. Based on data from MarketBeat.com, TTM Technologies presently has a consensus rating of “Buy” and an average target price of $117.25.

TTM Technologies Stock Performance

Shares of NASDAQ:TTMI opened at $98.95 on Friday. The firm’s 50 day simple moving average is $92.40 and its 200-day simple moving average is $70.84. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.67 and a current ratio of 1.93. TTM Technologies, Inc. has a one year low of $15.77 and a one year high of $113.46. The firm has a market cap of $10.23 billion, a PE ratio of 58.55 and a beta of 1.74.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) 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 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 revenue was up 19.0% compared to the same quarter last year. During the same quarter in the prior 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 analysts predict that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Insider Activity at TTM Technologies

In other news, EVP Daniel J. Weber sold 12,000 shares of the company’s 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 sale, the executive vice president owned 94,621 shares of the company’s stock, valued at approximately $8,883,019.48. This represents a 11.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Catherine A. Gridley sold 20,000 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the transaction, the executive vice president owned 78,645 shares in the company, valued at approximately $8,331,651.30. This represents a 20.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 105,150 shares of company stock worth $9,900,522 over the last three months. 1.30% of the stock is owned by corporate insiders.

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.