Aquatic Capital Management LLC Invests $5.93 Million in TTM Technologies, Inc. $TTMI

Aquatic Capital Management LLC acquired a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 102,901 shares of the technology company’s stock, valued at approximately $5,927,000. Aquatic Capital Management LLC owned about 0.10% of TTM Technologies as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTMI. Optiver Holding B.V. raised its position in shares of TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after purchasing an additional 170 shares during the period. Bessemer Group Inc. grew its stake in TTM Technologies by 448.8% in the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after buying an additional 377 shares during the last quarter. Salomon & Ludwin LLC bought a new position in TTM Technologies in the 3rd quarter worth $39,000. EverSource Wealth Advisors LLC lifted its position in TTM Technologies by 52.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock worth $51,000 after acquiring an additional 430 shares during the last quarter. Finally, Employees Retirement System of Texas acquired a new position in TTM Technologies during the 3rd quarter worth $56,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at TTM Technologies

In related news, EVP Daniel J. Weber sold 12,000 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 94,621 shares of the company’s stock, valued at $8,883,019.48. This represents a 11.25% 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 firm’s stock in a transaction dated 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 owned 78,645 shares of the company’s stock, valued at approximately $8,331,651.30. This represents a 20.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 105,150 shares of company stock valued at $9,900,522 in the last 90 days. 1.30% of the stock is currently owned by company insiders.

TTM Technologies Trading Up 6.5%

Shares of TTMI opened at $96.51 on Tuesday. The stock’s 50-day moving average price is $95.69 and its 200 day moving average price is $73.71. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $9.98 billion, a price-to-earnings ratio of 57.11 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.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data 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 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 13.30% and a net margin of 6.11%.The company’s quarterly revenue was up 19.0% on a year-over-year basis. During the same quarter last year, the company earned $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, research analysts predict that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Stifel Nicolaus set a $108.00 price objective on TTM Technologies in a research note on Thursday, February 5th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. 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 report on Thursday, January 22nd. Needham & Company LLC lifted their price target on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Finally, Truist Financial set a $113.00 price objective on TTM Technologies in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $117.25.

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.