Arrowstreet Capital Limited Partnership Purchases 406,202 Shares of TTM Technologies, Inc. $TTMI

Arrowstreet Capital Limited Partnership raised its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 22.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,237,627 shares of the technology company’s stock after purchasing an additional 406,202 shares during the quarter. Arrowstreet Capital Limited Partnership owned 2.17% of TTM Technologies worth $154,396,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Optiver Holding B.V. grew its stake 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 valued at $25,000 after acquiring an additional 170 shares during the period. Kestra Advisory Services LLC bought a new position in shares of TTM Technologies during the 4th quarter valued at approximately $30,000. Bessemer Group Inc. grew its stake in shares of TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after acquiring an additional 377 shares during the period. Rakuten Securities Inc. bought a new position in shares of TTM Technologies during the 4th quarter valued at approximately $32,000. Finally, Wolff Wiese Magana LLC bought a new position in shares of TTM Technologies during the 4th quarter valued at approximately $34,000. 95.79% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the firm’s 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 filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TTMI. Stifel Nicolaus upped their price objective on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday. B. Riley Financial increased 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, Needham & Company LLC restated a “buy” rating and set a $208.00 price target on shares of TTM Technologies in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $209.00.

TTM Technologies Price Performance

Shares of TTMI stock opened at $206.66 on Tuesday. TTM Technologies, Inc. has a 1-year low of $35.52 and a 1-year high of $209.08. The stock’s 50-day moving average is $154.76 and its 200 day moving average is $111.59. The company has a market cap of $21.46 billion, a P/E ratio of 111.71 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 (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The company had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. During the same quarter last year, the company earned $0.50 earnings per share. The firm’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. 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.