Horizon Investment Services LLC increased its holdings in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 255.7% in the 3rd quarter, Holdings Channel reports. The fund owned 27,570 shares of the technology company’s stock after buying an additional 19,820 shares during the quarter. Horizon Investment Services LLC’s holdings in TTM Technologies were worth $1,588,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bessemer Group Inc. lifted its holdings in shares of TTM Technologies by 448.8% during the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after purchasing an additional 377 shares during the last quarter. Salomon & Ludwin LLC bought a new position in TTM Technologies during the 3rd quarter valued at approximately $39,000. Concord Wealth Partners purchased a new position in TTM Technologies during the second quarter valued at $47,000. EverSource Wealth Advisors LLC boosted its holdings in TTM Technologies by 52.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock worth $51,000 after acquiring an additional 430 shares in the last quarter. Finally, Federated Hermes Inc. bought a new stake in TTM Technologies in the third quarter worth $60,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on TTMI. Needham & Company LLC lifted their price target on TTM Technologies from $79.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. B. Riley upped their target price on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Truist Financial set a $113.00 price objective on shares of TTM Technologies in a report on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $99.00.
Insider Activity at TTM Technologies
In other TTM Technologies news, Director John G. Mayer sold 9,167 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $68.13, for a total transaction of $624,547.71. Following the completion of the sale, the director owned 165,140 shares of the company’s stock, valued at approximately $11,250,988.20. The trade was a 5.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert P. Farrell sold 643 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $66.98, for a total value of $43,068.14. Following the transaction, the insider owned 19,406 shares of the company’s stock, valued at approximately $1,299,813.88. This trade represents a 3.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 49,194 shares of company stock valued at $3,828,510 in the last ninety days. Corporate insiders own 1.30% of the company’s stock.
More TTM Technologies News
Here are the key news stories impacting TTM Technologies this week:
- Positive Sentiment: TTM reported Q4 EPS of $0.70 and revenue of $763.5M, both above consensus; EPS rose from $0.60 a year ago, and revenue grew ~19% YoY. Zacks: Q4 beat
- Positive Sentiment: Company cited strong AI-related demand that helped drive record results, a key bullish narrative for continued revenue and margin expansion if AI spend persists. Investing.com: AI demand
- Positive Sentiment: TTM raised Q1 FY2026 guidance: EPS $0.640–0.700 (vs. ~$0.57 consensus) and revenue $770M–$810M (vs. ~$738.8M consensus), signaling continued top-line momentum. Business Insider: Q1 guidance
- Positive Sentiment: Multiple analysts raised price targets and reiterated buy ratings after results (examples include a ~28% target increase reported). Upgrades support further upside if execution continues. MSN: price target increases
- Neutral Sentiment: Company provided a press release, slide deck and conference-call materials for the quarter — useful for digging into end‑market mix, margin drivers, and customer cadence. Press release / slides
TTM Technologies Trading Down 10.4%
TTM Technologies stock opened at $96.40 on Thursday. TTM Technologies, Inc. has a 52-week low of $15.77 and a 52-week high of $111.00. The company has a market cap of $9.96 billion, a P/E ratio of 76.51 and a beta of 1.75. The company has a quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 0.54. The business has a 50-day simple moving average of $80.34 and a two-hundred day simple moving average of $62.97.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. The company had revenue of $763.53 million for the quarter, compared to the consensus estimate of $752.96 million. During the same quarter last year, the firm posted $0.60 earnings per share. The firm’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. Analysts predict that TTM Technologies, Inc. will post 1.76 EPS for the current year.
About TTM Technologies
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.
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