Gabelli Funds LLC Has $1.38 Million Stake in TTM Technologies, Inc. $TTMI

Gabelli Funds LLC decreased its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 42.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 20,000 shares of the technology company’s stock after selling 15,000 shares during the period. Gabelli Funds LLC’s holdings in TTM Technologies were worth $1,380,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TTMI. Optiver Holding B.V. boosted its stake in TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after purchasing an additional 170 shares during the period. Bessemer Group Inc. grew its holdings in shares of 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 in the last quarter. Rakuten Securities Inc. acquired a new position in TTM Technologies in the 4th quarter worth about $32,000. Wolff Wiese Magana LLC bought a new position in shares of TTM Technologies during the 4th quarter valued at $34,000. Finally, Danske Bank A S acquired a new stake in shares of TTM Technologies in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Insider Activity

In other news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock.

TTM Technologies Stock Performance

Shares of TTMI opened at $189.92 on Friday. The company has a market capitalization of $19.72 billion, a PE ratio of 102.66 and a beta of 2.11. TTM Technologies, Inc. has a one year low of $28.12 and a one year high of $191.73. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. The company’s fifty day moving average price is $126.79 and its 200 day moving average price is $98.07.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. The firm had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, analysts expect that TTM Technologies, Inc. will post 3.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TTMI. Stifel Nicolaus lifted their price objective on shares of TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Truist Financial lifted their price objective on shares of TTM Technologies from $115.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday. B. Riley Financial reaffirmed a “buy” rating on shares of TTM Technologies in a research note on Wednesday. Finally, Needham & Company LLC lifted their price objective on shares of TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $149.50.

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.