Blue Jean Financial LLC bought a new position in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 28,159 shares of the technology company’s stock, valued at approximately $1,943,000. TTM Technologies accounts for about 1.6% of Blue Jean Financial LLC’s investment portfolio, making the stock its 17th biggest holding.
A number of other institutional investors also recently bought and sold shares of TTMI. Vanguard Group Inc. raised its holdings in TTM Technologies by 0.5% during the third quarter. Vanguard Group Inc. now owns 13,156,053 shares of the technology company’s stock valued at $757,789,000 after acquiring an additional 60,002 shares during the period. 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 valued at $277,281,000 after acquiring an additional 2,699,494 shares during the period. Polar Capital Holdings Plc bought a new stake in TTM Technologies during the third quarter valued at about $176,376,000. Geode Capital Management LLC raised its holdings in TTM Technologies by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock valued at $184,119,000 after acquiring an additional 81,588 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in TTM Technologies by 22.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,237,627 shares of the technology company’s stock valued at $154,396,000 after acquiring an additional 406,202 shares during the period. 95.79% of the stock is owned by institutional investors.
Insider Activity
In other news, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total value of $1,683,864.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 1.30% of the company’s stock.
TTM Technologies Trading Up 3.7%
TTM Technologies (NASDAQ:TTMI – Get Free Report) last issued its 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. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. During the same period in the previous year, the firm posted $0.50 earnings per share. The business’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. Equities research analysts predict that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on TTMI shares. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Needham & Company LLC reissued a “buy” rating and set a $208.00 price target on shares of TTM Technologies in a report on Thursday. B. Riley Financial raised their price target on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Stifel Nicolaus raised their price target on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $209.00.
View Our Latest Analysis on TTMI
TTM Technologies 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 systemâlevel 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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