Horizon Investment Services LLC Buys 19,820 Shares of TTM Technologies, Inc. $TTMI

Horizon Investment Services LLC lifted its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 255.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,570 shares of the technology company’s stock after buying an additional 19,820 shares during the period. Horizon Investment Services LLC’s holdings in TTM Technologies were worth $1,588,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bessemer Group Inc. increased its holdings in TTM Technologies by 448.8% in the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after purchasing an additional 377 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in TTM Technologies during the third quarter worth approximately $5,810,000. Savant Capital LLC increased its stake in shares of TTM Technologies by 5.2% in the 3rd quarter. Savant Capital LLC now owns 10,943 shares of the technology company’s stock valued at $630,000 after acquiring an additional 541 shares in the last quarter. Penserra Capital Management LLC bought a new stake in TTM Technologies in the third quarter valued at $119,000. Finally, State of Wyoming bought a new stake in TTM Technologies in the 3rd quarter valued at about $428,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

TTM Technologies Trading Down 10.4%

NASDAQ TTMI opened at $96.40 on Thursday. The stock has a market cap of $9.96 billion, a P/E ratio of 76.51 and a beta of 1.75. TTM Technologies, Inc. has a fifty-two week low of $15.77 and a fifty-two week high of $111.00. The stock has a 50 day simple moving average of $80.34 and a two-hundred day simple moving average of $62.97. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.66 and a current ratio of 1.94.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The company had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. TTM Technologies had a return on equity of 13.21% and a net margin of 4.74%.The firm’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 earnings per share. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. On average, analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director John G. Mayer sold 9,167 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $68.13, for a total value of $624,547.71. Following the completion of the sale, the director directly owned 165,140 shares of the company’s stock, valued at approximately $11,250,988.20. This trade represents a 5.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $96.12, for a total transaction of $1,614,816.00. Following the transaction, the director owned 783,406 shares in the company, valued at $75,300,984.72. This represents a 2.10% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 49,194 shares of company stock worth $3,828,510. Company insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TTMI. Needham & Company LLC boosted their price objective on TTM Technologies from $79.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research note on Wednesday, January 21st. Truist Financial set a $113.00 price objective on TTM Technologies in a research note 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. Finally, B. Riley upped their price target on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $99.00.

Key Headlines Impacting TTM Technologies

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: TTM reported Q4 EPS of $0.70 and revenue of $763.5M, both above consensus; EPS rose from $0.60 a year ago, and revenue grew ~19% YoY. Zacks: Q4 beat
• Positive Sentiment: Company cited strong AI-related demand that helped drive record results, a key bullish narrative for continued revenue and margin expansion if AI spend persists. Investing.com: AI demand
• Positive Sentiment: TTM raised Q1 FY2026 guidance: EPS $0.640–0.700 (vs. ~$0.57 consensus) and revenue $770M–$810M (vs. ~$738.8M consensus), signaling continued top-line momentum. Business Insider: Q1 guidance
• Positive Sentiment: Multiple analysts raised price targets and reiterated buy ratings after results (examples include a ~28% target increase reported). Upgrades support further upside if execution continues. MSN: price target increases
• Neutral Sentiment: Company provided a press release, slide deck and conference-call materials for the quarter — useful for digging into end‑market mix, margin drivers, and customer cadence. Press release / slides

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.