Florida Financial Advisors LLC Buys 7,346 Shares of TTM Technologies, Inc. $TTMI

Florida Financial Advisors LLC lifted its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 28.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,029 shares of the technology company’s stock after buying an additional 7,346 shares during the period. Florida Financial Advisors LLC’s holdings in TTM Technologies were worth $2,276,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Optiver Holding B.V. boosted its stake in shares of TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after buying an additional 170 shares during the period. Bessemer Group Inc. boosted its stake in shares of TTM Technologies by 448.8% in the third 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. Rakuten Securities Inc. bought a new stake in shares of TTM Technologies in the fourth quarter valued at approximately $32,000. Wolff Wiese Magana LLC bought a new stake in shares of TTM Technologies in the fourth quarter valued at approximately $34,000. Finally, Danske Bank A S bought a new stake in shares of TTM Technologies in the fourth quarter valued at approximately $34,000. 95.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on TTMI shares. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Stifel Nicolaus boosted their price objective on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday. Truist Financial boosted their price objective on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday. B. Riley Financial boosted their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Needham & Company LLC boosted their price objective on shares of TTM Technologies from $160.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, TTM Technologies has an average rating of “Moderate Buy” and a consensus price target of $209.00.

TTM Technologies Price Performance

Shares of TTMI opened at $173.72 on Monday. The firm has a 50 day simple moving average of $136.16 and a two-hundred day simple moving average of $102.48. The company has a market cap of $18.04 billion, a P/E ratio of 93.90 and a beta of 2.10. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. TTM Technologies, Inc. has a one year low of $29.26 and a one year high of $200.68.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results 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. The company had revenue of $845.98 million during the quarter, compared to the consensus estimate of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Research analysts forecast that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Insider Activity

In other 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.30% of the company’s stock.

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.