Diversified Trust Co grew its holdings in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 12.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 29,272 shares of the technology company’s stock after buying an additional 3,170 shares during the quarter. Diversified Trust Co’s holdings in TTM Technologies were worth $2,852,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently modified their holdings of the business. Optiver Holding B.V. boosted its holdings in TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after buying an additional 170 shares during the period. Kestra Advisory Services LLC bought a new stake in TTM Technologies during the 4th quarter valued at $30,000. Truvestments Capital LLC bought a new stake in TTM Technologies during the 4th quarter valued at $30,000. Rakuten Securities Inc. purchased a new stake in shares of TTM Technologies during the fourth quarter worth $32,000. Finally, Wolff Wiese Magana LLC purchased a new stake in shares of TTM Technologies during the fourth quarter worth $34,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total transaction of $1,683,864.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.30% of the stock is currently owned by insiders.
TTM Technologies Price Performance
TTM Technologies (NASDAQ:TTMI – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The firm had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Analysts anticipate that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. Stifel Nicolaus lifted their price target on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Needham & Company LLC increased their price objective on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday. Truist Financial raised their target price on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. B. Riley Financial lifted their target price on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $212.00.
Get Our Latest Analysis on TTM Technologies
TTM Technologies Company 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 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.
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