BI Asset Management Fondsmaeglerselskab A S Has $1.06 Million Position in TTM Technologies, Inc. $TTMI

BI Asset Management Fondsmaeglerselskab A S cut its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 84.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,378 shares of the technology company’s stock after selling 85,482 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in TTM Technologies were worth $1,061,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. WINTON GROUP Ltd acquired a new stake in TTM Technologies in the fourth quarter worth $228,000. Fosun International Ltd acquired a new stake in TTM Technologies in the fourth quarter worth $345,000. Vise Technologies Inc. raised its holdings in TTM Technologies by 48.1% in the fourth quarter. Vise Technologies Inc. now owns 6,461 shares of the technology company’s stock worth $446,000 after purchasing an additional 2,097 shares during the period. Lido Advisors LLC raised its holdings in TTM Technologies by 1.5% in the fourth quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after purchasing an additional 116 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in TTM Technologies by 4.0% in the fourth quarter. Bank of New York Mellon Corp now owns 703,933 shares of the technology company’s stock worth $48,571,000 after purchasing an additional 27,240 shares during the period. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on TTMI. Needham & Company LLC increased their target price on shares of TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. B. Riley Financial increased 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. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Finally, Truist Financial increased 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 given a Buy rating to the stock. Based on data from MarketBeat.com, TTM Technologies has an average rating of “Buy” and an average target price of $209.00.

Insiders Place Their Bets

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

TTM Technologies Stock Down 2.5%

Shares of TTMI stock opened at $173.86 on Wednesday. The firm has a fifty day moving average of $147.16 and a 200-day moving average of $108.01. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. TTM Technologies, Inc. has a 12-month low of $35.01 and a 12-month high of $200.68. The company has a market capitalization of $18.06 billion, a price-to-earnings ratio of 93.98 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 (EPS) 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 company had revenue of $845.98 million during the quarter, compared to the consensus estimate of $789.84 million. During the same quarter in the prior year, the firm earned $0.50 earnings per share. The firm’s revenue 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. As a group, equities research analysts predict that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal 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.