5,302 Shares in TTM Technologies, Inc. $TTMI Acquired by AMI Asset Management Corp

AMI Asset Management Corp purchased a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) in the first quarter, Holdings Channel reports. The institutional investor purchased 5,302 shares of the technology company’s stock, valued at approximately $517,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pictet Asset Management Holding SA raised its holdings in TTM Technologies by 9.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 16,935 shares of the technology company’s stock valued at $1,650,000 after buying an additional 1,418 shares during the last quarter. Louisiana State Employees Retirement System bought a new stake in TTM Technologies during the 1st quarter worth approximately $2,923,000. Ritholtz Wealth Management grew its holdings in TTM Technologies by 35.0% during the 1st quarter. Ritholtz Wealth Management now owns 11,912 shares of the technology company’s stock worth $1,160,000 after acquiring an additional 3,087 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its position in TTM Technologies by 4.5% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock valued at $320,000 after acquiring an additional 142 shares during the period. Finally, OP Asset Management Ltd bought a new position in shares of TTM Technologies during the first quarter valued at $459,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Truist Financial lifted their target price on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. Finally, Stifel Nicolaus raised their price objective on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $212.00.

Key TTM Technologies News

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: TTM Technologies was upgraded to Zacks Rank #1 (Strong Buy), signaling stronger earnings expectations and improved near-term sentiment. Article title
• Positive Sentiment: The stock also appeared on Zacks’ Best Momentum Stocks list, which can attract traders looking for strength and follow-through buying. Article title
• Positive Sentiment: TTMI was added to Zacks’ Strong Buy list, another sign that sentiment around earnings and price momentum remains favorable. Article title

TTM Technologies Price Performance

Shares of NASDAQ TTMI opened at $186.80 on Tuesday. TTM Technologies, Inc. has a twelve month low of $39.20 and a twelve month high of $223.83. The firm has a fifty day simple moving average of $174.02 and a 200 day simple moving average of $121.18. The company has a market capitalization of $19.40 billion, a PE ratio of 100.97 and a beta of 2.10. 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 (NASDAQ:TTMI) last issued 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. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter in the prior year, the firm posted $0.50 earnings per share. The business’s quarterly 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. On average, sell-side analysts forecast that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Insider Transactions at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the stock in a transaction that occurred on 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 SEC, which is available through this hyperlink. Also, EVP Daniel J. Weber sold 8,533 shares of TTM Technologies stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total transaction of $1,790,223.40. Following the completion of the sale, the executive vice president owned 86,088 shares of the company’s stock, valued at $18,061,262.40. This represents a 9.02% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 98,843 shares of company stock valued at $18,875,723. 1.30% of the stock is owned by insiders.

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 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.