TTM Technologies, Inc. $TTMI Shares Sold by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC reduced its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 59.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,706 shares of the technology company’s stock after selling 12,864 shares during the quarter. Counterpoint Mutual Funds LLC’s holdings in TTM Technologies were worth $501,000 at the end of the most recent quarter.

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

Insider Activity

In other TTM Technologies news, EVP Daniel J. Weber sold 12,000 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the sale, the executive vice president directly owned 94,621 shares of the company’s stock, valued at $8,883,019.48. The trade was a 11.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Anthony Joseph Sandeen sold 2,000 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $67.30, for a total value of $134,600.00. Following the completion of the sale, the insider owned 41,442 shares of the company’s stock, valued at $2,789,046.60. The trade was a 4.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 90,350 shares of company stock worth $8,327,906. Company insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on TTMI. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note 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. Stifel Nicolaus set a $108.00 price objective on TTM Technologies in a research note on Thursday, February 5th. B. Riley Financial raised their target price on TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Finally, Needham & Company LLC lifted their target price on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $117.25.

TTM Technologies Trading Down 0.1%

NASDAQ:TTMI opened at $106.70 on Wednesday. The stock has a fifty day simple moving average of $87.29 and a 200 day simple moving average of $68.17. The firm has a market capitalization of $11.03 billion, a price-to-earnings ratio of 63.14 and a beta of 1.75. TTM Technologies, Inc. has a 1-year low of $15.77 and a 1-year high of $111.00. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data 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 analyst estimates 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% on a year-over-year basis. During the same period 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. Sell-side analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

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.