TTM Technologies, Inc. $TTMI Shares Acquired by Castleark Management LLC

Castleark Management LLC lifted its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 131,850 shares of the technology company’s stock after buying an additional 3,990 shares during the period. Castleark Management LLC owned approximately 0.13% of TTM Technologies worth $9,098,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in TTMI. Polar Capital Holdings Plc acquired a new position in shares of TTM Technologies during the third quarter worth approximately $176,376,000. Invesco Ltd. raised its holdings in TTM Technologies by 127.7% during the third quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after purchasing an additional 2,699,494 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in TTM Technologies by 575.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock worth $105,490,000 after purchasing an additional 1,560,394 shares in the last quarter. Westfield Capital Management Co. LP bought a new stake in TTM Technologies during the third quarter worth approximately $57,271,000. Finally, JPMorgan Chase & Co. raised its holdings in TTM Technologies by 230.0% during the fourth quarter. JPMorgan Chase & Co. now owns 1,361,872 shares of the technology company’s stock worth $93,969,000 after purchasing an additional 949,171 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors and hedge funds.

TTM Technologies Price Performance

NASDAQ TTMI opened at $194.05 on Friday. The stock has a market capitalization of $20.15 billion, a P/E ratio of 104.89 and a beta of 2.09. TTM Technologies, Inc. has a 1 year low of $35.01 and a 1 year high of $200.68. The business’s fifty day moving average is $152.57 and its two-hundred day moving average is $110.30. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (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 company had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. During the same period in the previous year, the business earned $0.50 EPS. The company’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, research analysts forecast that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Insider Transactions at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the business’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 SEC, which is available through the SEC website. 1.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

TTMI has been the topic of several recent analyst reports. Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday. Stifel Nicolaus boosted their target price on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. B. Riley Financial boosted their target price on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $208.00 price target on shares of TTM Technologies in a report on Thursday. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $209.00.

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.