Fox Run Management L.L.C. Purchases 19,413 Shares of TTM Technologies, Inc. $TTMI

Fox Run Management L.L.C. raised its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 139.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,338 shares of the technology company’s stock after purchasing an additional 19,413 shares during the quarter. Fox Run Management L.L.C.’s holdings in TTM Technologies were worth $1,920,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of TTMI. Optiver Holding B.V. lifted its stake in shares of TTM Technologies by 66.4% during the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after buying an additional 170 shares in the last quarter. Bessemer Group Inc. raised its holdings in TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after acquiring an additional 377 shares during the period. Salomon & Ludwin LLC purchased a new stake in shares of TTM Technologies during the third quarter worth $39,000. Federated Hermes Inc. bought a new position in shares of TTM Technologies in the third quarter worth $60,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of TTM Technologies by 52.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock valued at $51,000 after purchasing an additional 430 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Analyst Ratings Changes

TTMI has been the topic of a number of recent research reports. Truist Financial set a $113.00 price objective on TTM Technologies in a report on Wednesday, January 14th. Needham & Company LLC raised their price objective on shares of TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Stifel Nicolaus set a $108.00 price objective on shares of TTM Technologies in a research note on Thursday, February 5th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Finally, B. Riley Financial raised their price target on shares of TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $117.25.

TTM Technologies Trading Down 0.1%

Shares of TTMI opened at $106.70 on Wednesday. TTM Technologies, Inc. has a 1-year low of $15.77 and a 1-year high of $111.00. The company has a market capitalization of $11.03 billion, a P/E ratio of 63.14 and a beta of 1.75. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.93 and a quick ratio of 1.67. The firm’s 50 day simple moving average is $87.29 and its 200 day simple moving average is $68.17.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 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 net margin of 6.11% and a return on equity of 13.30%. The business’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Sell-side analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Transactions at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $96.12, for a total transaction of $1,614,816.00. Following the sale, the director owned 783,406 shares in the company, valued at $75,300,984.72. This trade represents a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $105.94, for a total value of $2,118,800.00. Following the completion of the transaction, the executive vice president owned 78,645 shares of the company’s stock, valued at $8,331,651.30. The trade was a 20.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 90,350 shares of company stock worth $8,327,906 in the last three months. Insiders own 1.30% of the company’s stock.

About TTM Technologies

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.