Boothbay Fund Management LLC Has $10.24 Million Stock Holdings in TTM Technologies, Inc. $TTMI

Boothbay Fund Management LLC raised its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 98.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 148,329 shares of the technology company’s stock after acquiring an additional 73,411 shares during the period. Boothbay Fund Management LLC owned approximately 0.14% of TTM Technologies worth $10,235,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TTMI. Polar Capital Holdings Plc acquired a new position in TTM Technologies in the 3rd quarter valued at $176,376,000. Invesco Ltd. raised its holdings in shares of TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after buying an additional 2,699,494 shares in the last quarter. Whale Rock Capital Management LLC raised its holdings in shares of TTM Technologies by 112.1% during the 4th quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock worth $295,066,000 after buying an additional 2,260,035 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of TTM Technologies by 575.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock worth $105,490,000 after buying an additional 1,560,394 shares in the last quarter. Finally, Westfield Capital Management Co. LP acquired a new position in shares of TTM Technologies during the 3rd quarter worth $57,271,000. 95.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. B. Riley Financial boosted their price target on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Stifel Nicolaus boosted their price target on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Truist Financial boosted their price target on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $209.00.

Insiders Place Their Bets

In related news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction 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 sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.30% of the stock is owned by corporate insiders.

TTM Technologies Trading Up 1.6%

Shares of TTMI stock opened at $202.70 on Thursday. The firm has a market capitalization of $21.05 billion, a P/E ratio of 109.57 and a beta of 2.09. TTM Technologies, Inc. has a twelve month low of $35.52 and a twelve month high of $209.37. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. The stock’s fifty day simple moving average is $158.94 and its 200 day simple moving average is $113.46.

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, topping analysts’ consensus estimates of $0.66 by $0.09. The business had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.TTM Technologies’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, sell-side analysts predict that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

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.