TTM Technologies, Inc. $TTMI Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 36.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 412,701 shares of the technology company’s stock after selling 239,333 shares during the quarter. JPMorgan Chase & Co.’s holdings in TTM Technologies were worth $23,772,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in TTMI. FengHe Fund Management Pte. Ltd. acquired a new stake in TTM Technologies in the 3rd quarter worth about $54,148,000. Invesco Ltd. boosted its position in shares of TTM Technologies by 55.7% in the second quarter. Invesco Ltd. now owns 2,114,409 shares of the technology company’s stock worth $86,310,000 after acquiring an additional 756,702 shares during the last quarter. Neumeier Poma Investment Counsel LLC purchased a new stake in TTM Technologies in the second quarter valued at approximately $25,824,000. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in TTM Technologies in the second quarter valued at approximately $16,914,000. Finally, Hel Ved Capital Management Ltd acquired a new position in TTM Technologies during the second quarter worth approximately $7,962,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at TTM Technologies

In other news, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were 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 directly owned 78,645 shares in the company, valued at approximately $8,331,651.30. This represents a 20.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas T. Edman sold 12,750 shares of TTM Technologies stock in a transaction on Friday, February 13th. The stock was sold at an average price of $94.92, for a total transaction of $1,210,230.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 88,350 shares of company stock valued at $8,193,306 over the last 90 days. 1.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

TTMI has been the topic of a number of research analyst reports. Needham & Company LLC lifted their price target on shares of TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Stifel Nicolaus set a $108.00 target price on TTM Technologies in a report on Thursday, February 5th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, Truist Financial set a $113.00 price objective on TTM Technologies in a research note 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 company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $117.25.

TTM Technologies Trading Down 3.1%

NASDAQ:TTMI opened at $104.24 on Monday. The business’s 50-day moving average is $89.73 and its two-hundred day moving average is $69.47. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.93 and a quick ratio of 1.67. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $113.46. The firm has a market capitalization of $10.78 billion, a PE ratio of 61.68 and a beta of 1.74.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share for the quarter, topping the consensus estimate 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 revenue was up 19.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.60 earnings per share. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Research analysts predict that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

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.