7,621 Shares in TTM Technologies, Inc. $TTMI Acquired by Versor Investments LP

Versor Investments LP purchased a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,621 shares of the technology company’s stock, valued at approximately $439,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Navellier & Associates Inc. purchased a new position in TTM Technologies during the third quarter worth about $3,271,000. Profund Advisors LLC purchased a new stake in TTM Technologies in the third quarter valued at approximately $266,000. Smartleaf Asset Management LLC raised its position in TTM Technologies by 62.7% in the third quarter. Smartleaf Asset Management LLC now owns 1,396 shares of the technology company’s stock valued at $81,000 after purchasing an additional 538 shares during the period. Horizon Investment Services LLC lifted its stake in TTM Technologies by 255.7% during the third quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company’s stock worth $1,588,000 after purchasing an additional 19,820 shares in the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of 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 period. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

TTM Technologies Trading Up 0.5%

Shares of NASDAQ:TTMI opened at $92.33 on Friday. The company has a market cap of $9.54 billion, a PE ratio of 54.63 and a beta of 1.75. The company’s 50 day moving average is $83.43 and its two-hundred day moving average is $64.89. TTM Technologies, Inc. has a 52 week low of $15.77 and a 52 week high of $111.00. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The firm had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. During the same quarter in the previous year, the firm posted $0.60 earnings per share. The company’s revenue was up 19.0% compared to the same quarter last year. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Equities analysts predict that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on TTMI. Stifel Nicolaus set a $108.00 target price on TTM Technologies in a research report on Thursday, February 5th. Truist Financial set a $113.00 target price on shares of TTM Technologies in a report on Wednesday, January 14th. Wall Street Zen downgraded shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, B. Riley Financial lifted 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. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $117.25.

Insiders Place Their Bets

In related news, insider Anthony Joseph Sandeen sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $67.30, for a total transaction of $134,600.00. Following the completion of the sale, the insider owned 41,442 shares in the company, valued at $2,789,046.60. The trade was a 4.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $96.12, for a total value of $1,614,816.00. Following the completion of the transaction, the director directly owned 783,406 shares of the company’s stock, valued at $75,300,984.72. This trade represents a 2.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 40,027 shares of company stock worth $3,203,963 over the last 90 days. Insiders own 1.30% of the company’s stock.

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.