Boothbay Fund Management LLC Decreases Position in TTM Technologies, Inc. $TTMI

Boothbay Fund Management LLC trimmed its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 56.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,918 shares of the technology company’s stock after selling 98,140 shares during the period. Boothbay Fund Management LLC owned approximately 0.07% of TTM Technologies worth $4,315,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Royal Bank of Canada raised its holdings in TTM Technologies by 66.6% during the 1st quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock valued at $543,000 after buying an additional 10,565 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in TTM Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock worth $1,232,000 after buying an additional 2,632 shares during the period. Goldman Sachs Group Inc. increased its position in TTM Technologies by 7.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $34,989,000 after acquiring an additional 115,766 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of TTM Technologies by 7.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,563 shares of the technology company’s stock valued at $3,908,000 after acquiring an additional 13,691 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of TTM Technologies by 1,150.2% in the first quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock valued at $2,869,000 after acquiring an additional 128,700 shares during the period. Institutional investors own 95.79% of the company’s stock.

Analysts Set New Price Targets

TTMI has been the subject of a number of recent analyst reports. Needham & Company LLC lifted their price target on shares of TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Truist Financial set a $113.00 price objective on shares of TTM Technologies in a research report on Wednesday, January 14th. B. Riley Financial raised their price objective on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $117.25.

TTM Technologies Trading Up 0.1%

NASDAQ TTMI opened at $90.64 on Monday. The stock has a market cap of $9.37 billion, a PE ratio of 53.63 and a beta of 1.74. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $113.46. The company’s 50-day moving average price is $95.12 and its 200-day moving average price is $73.36. 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 announced its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 earnings per share 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 firm’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter last year, the business posted $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Equities research analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Insider Activity

In other TTM Technologies news, EVP Catherine A. Gridley sold 20,000 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the transaction, the executive vice president directly owned 78,645 shares in the company, valued at $8,331,651.30. This trade represents a 20.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Daniel J. Weber sold 12,000 shares of TTM Technologies stock in a transaction 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 sale, the executive vice president directly owned 94,621 shares of the company’s stock, valued at approximately $8,883,019.48. This trade represents a 11.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 105,150 shares of company stock valued at $9,900,522. Corporate insiders own 1.30% of the company’s stock.

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.