Black Swift Group LLC Invests $1.73 Million in TTM Technologies, Inc. $TTMI

Black Swift Group LLC purchased a new position in TTM Technologies, Inc. (NASDAQ:TTMI) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 26,500 shares of the technology company’s stock, valued at approximately $1,725,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Optiver Holding B.V. raised its holdings in shares of TTM Technologies by 66.4% in the third 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. Bessemer Group Inc. increased its holdings in TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after purchasing an additional 377 shares during the period. Rakuten Securities Inc. purchased a new position in TTM Technologies during the 4th quarter worth $32,000. Wolff Wiese Magana LLC purchased a new position in TTM Technologies during the 4th quarter worth $34,000. Finally, Danske Bank A S purchased a new position in TTM Technologies during the 4th quarter worth $34,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

TTM Technologies Stock Performance

Shares of NASDAQ:TTMI opened at $173.72 on Monday. TTM Technologies, Inc. has a 12-month low of $29.26 and a 12-month high of $200.68. The business’s fifty day simple moving average is $136.16 and its 200-day simple moving average is $102.48. The company has a market capitalization of $18.04 billion, a PE ratio of 93.90 and a beta of 2.10. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) 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 business had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. During the same period last year, the business posted $0.50 EPS. 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. As a group, equities research analysts predict that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on the company. Stifel Nicolaus raised their price objective on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. B. Riley Financial lifted their price target on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday. Finally, Truist Financial lifted their price target on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, TTM Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $209.00.

Insider Buying and Selling at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is owned by insiders.

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.