Intech Investment Management LLC Sells 66,673 Shares of TTM Technologies, Inc. $TTMI

Intech Investment Management LLC reduced its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 39.1% during the 4th quarter, HoldingsChannel reports. The firm owned 103,776 shares of the technology company’s stock after selling 66,673 shares during the quarter. Intech Investment Management LLC’s holdings in TTM Technologies were worth $7,161,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TTMI. Royal Bank of Canada grew its stake in shares of TTM Technologies by 66.6% in the 1st quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock valued at $543,000 after purchasing an additional 10,565 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of TTM Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock valued at $1,232,000 after purchasing an additional 2,632 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of TTM Technologies by 7.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $34,989,000 after purchasing an additional 115,766 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of TTM Technologies by 7.7% in the 1st 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 purchasing an additional 13,691 shares during the period. Finally, Jane Street Group LLC grew its stake in shares of TTM Technologies by 1,150.2% in the 1st quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock valued at $2,869,000 after purchasing an additional 128,700 shares during the period. 95.79% of the stock is currently owned by institutional investors.

Insider Transactions at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was 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 available at this link. Corporate insiders own 1.30% of the company’s stock.

TTM Technologies Stock Down 7.5%

NASDAQ:TTMI opened at $173.72 on Friday. The stock’s fifty day moving average price is $136.16 and its two-hundred day moving average price is $102.25. TTM Technologies, Inc. has a 52-week low of $29.26 and a 52-week high of $200.68. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The company has a market cap of $18.04 billion, a price-to-earnings ratio of 93.90 and a beta of 2.11.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.09. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. During the same quarter in the prior year, the business earned $0.50 EPS. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, analysts anticipate that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. B. Riley Financial boosted their target price on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Needham & Company LLC boosted their target price on TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Stifel Nicolaus boosted their target price on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, TTM Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $209.00.

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.