Gamco Investors INC. ET AL Lowers Stock Holdings in TTM Technologies, Inc. $TTMI

Gamco Investors INC. ET AL lessened its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 56.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,510 shares of the technology company’s stock after selling 19,011 shares during the quarter. Gamco Investors INC. ET AL’s holdings in TTM Technologies were worth $1,001,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Optiver Holding B.V. raised its position in shares of TTM Technologies by 66.4% during 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 last quarter. Bessemer Group Inc. grew its stake in TTM Technologies by 448.8% in the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after acquiring an additional 377 shares during the period. Rakuten Securities Inc. purchased a new stake in TTM Technologies in the 4th quarter worth approximately $32,000. Wolff Wiese Magana LLC purchased a new stake in TTM Technologies in the 4th quarter worth approximately $34,000. Finally, Danske Bank A S purchased a new stake in TTM Technologies in the 4th quarter worth approximately $34,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

TTM Technologies Stock Up 8.8%

Shares of NASDAQ TTMI opened at $189.92 on Friday. TTM Technologies, Inc. has a 52-week low of $28.12 and a 52-week high of $191.73. The firm has a fifty day moving average of $126.79 and a 200-day moving average of $98.07. 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 stock has a market capitalization of $19.72 billion, a PE ratio of 102.66 and a beta of 2.11.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating 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 firm had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. During the same quarter last year, the firm posted $0.50 earnings per share. TTM Technologies’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 3.31 EPS for the current year.

Insiders Place Their Bets

In related news, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on TTMI. B. Riley Financial reaffirmed a “buy” rating on shares of TTM Technologies in a research note on Wednesday. Stifel Nicolaus lifted their target price on shares of TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Truist Financial lifted their target price on shares of TTM Technologies from $115.00 to $180.00 and gave the stock 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. Finally, Zacks Research cut shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.