Fosun International Ltd Makes New Investment in TTM Technologies, Inc. $TTMI

Fosun International Ltd acquired a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,000 shares of the technology company’s stock, valued at approximately $345,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Lido Advisors LLC grew its position in TTM Technologies by 1.5% during the 4th quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after purchasing an additional 116 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of TTM Technologies by 4.4% in the third quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock valued at $229,000 after acquiring an additional 167 shares in the last quarter. Optiver Holding B.V. boosted 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 valued at $25,000 after acquiring an additional 170 shares in the last quarter. Choreo LLC boosted its holdings in shares of TTM Technologies by 1.4% in the third quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock valued at $818,000 after acquiring an additional 191 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in shares of TTM Technologies by 3.3% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 6,665 shares of the technology company’s stock valued at $460,000 after acquiring an additional 214 shares in the last quarter. 95.79% of the stock is owned by hedge funds and other institutional investors.

TTM Technologies Stock Down 2.5%

Shares of NASDAQ TTMI opened at $184.84 on Friday. 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, Inc. has a 52 week low of $31.83 and a 52 week high of $200.68. The firm has a 50-day moving average price of $142.75 and a 200 day moving average price of $105.70. The stock has a market capitalization of $19.20 billion, a price-to-earnings ratio of 99.91 and a beta of 2.09.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The firm had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter last year, the business earned $0.50 earnings per share. The business’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. Equities research analysts anticipate that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Insider Activity at TTM Technologies

In related news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were 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 Securities & Exchange Commission, which is accessible through the SEC website. 1.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TTMI shares. B. Riley Financial lifted their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC lifted their target price on shares of TTM Technologies from $160.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Truist Financial lifted their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. Based on data from MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and an average target price of $209.00.

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.