Expect Equity LLC Sells 21,990 Shares of TTM Technologies, Inc. $TTMI

Expect Equity LLC lessened its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 52.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,550 shares of the technology company’s stock after selling 21,990 shares during the period. Expect Equity LLC’s holdings in TTM Technologies were worth $1,349,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of TTM Technologies during the 4th quarter worth about $668,000. Geode Capital Management LLC boosted its holdings in shares of TTM Technologies by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after buying an additional 81,588 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of TTM Technologies by 338.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 12,777 shares of the technology company’s stock worth $736,000 after buying an additional 9,864 shares during the period. Wealth High Governance Capital Ltda boosted its holdings in shares of TTM Technologies by 408.6% during the 4th quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock worth $12,632,000 after buying an additional 147,079 shares during the period. Finally, Royce & Associates LP boosted its holdings in shares of TTM Technologies by 103.5% during the 4th quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock worth $18,564,000 after buying an additional 136,845 shares during the period. Institutional investors own 95.79% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on TTMI. Wall Street Zen downgraded shares of TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. B. Riley Financial lifted their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC reaffirmed a “buy” rating and set a $208.00 target price on shares of TTM Technologies in a report on Thursday, June 11th. Finally, Truist Financial lifted their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. One equities research 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 presently has a consensus rating of “Buy” and a consensus target price of $209.00.

TTM Technologies Price Performance

Shares of TTM Technologies stock opened at $202.70 on Thursday. TTM Technologies, Inc. has a twelve month low of $35.52 and a twelve month high of $209.37. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. The company has a 50-day simple moving average of $158.94 and a two-hundred day simple moving average of $113.46. The stock has a market capitalization of $21.05 billion, a price-to-earnings ratio of 109.57 and a beta of 2.09.

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

Insiders Place Their Bets

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.30% of the stock is owned by company insiders.

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.