LSV Asset Management Cuts Stock Holdings in TTM Technologies, Inc. $TTMI

LSV Asset Management lessened its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 40.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 151,600 shares of the technology company’s stock after selling 103,300 shares during the quarter. LSV Asset Management owned 0.15% of TTM Technologies worth $8,732,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Versor Investments LP acquired a new stake in shares of TTM Technologies in the 3rd quarter valued at approximately $439,000. Navellier & Associates Inc. purchased a new position in TTM Technologies in the third quarter worth $3,271,000. Profund Advisors LLC acquired a new stake in TTM Technologies in the third quarter valued at $266,000. Smartleaf Asset Management LLC boosted its position in shares of TTM Technologies by 62.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,396 shares of the technology company’s stock worth $81,000 after purchasing an additional 538 shares in the last quarter. Finally, Horizon Investment Services LLC grew its stake in shares of TTM Technologies by 255.7% during the 3rd quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company’s stock worth $1,588,000 after purchasing an additional 19,820 shares during the period. Institutional investors and hedge funds own 95.79% of the company’s stock.

Insider Buying and Selling

In other news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $96.12, for a total value of $1,614,816.00. Following the completion of the transaction, the director owned 783,406 shares of the company’s stock, valued at $75,300,984.72. The trade was a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Julie Spicer England sold 3,784 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $63.34, for a total transaction of $239,678.56. Following the sale, the director owned 106,541 shares in the company, valued at approximately $6,748,306.94. This trade represents a 3.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 40,027 shares of company stock worth $3,203,963. 1.30% of the stock is owned by company insiders.

TTM Technologies Trading Down 0.6%

Shares of TTM Technologies stock opened at $91.80 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.93 and a quick ratio of 1.67. TTM Technologies, Inc. has a 1 year low of $15.77 and a 1 year high of $111.00. The company has a market capitalization of $9.49 billion, a P/E ratio of 54.32 and a beta of 1.75. The business has a 50 day moving average price of $83.79 and a 200 day moving average price of $65.32.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The firm had revenue of $763.53 million for the quarter, compared to analysts’ expectations of $752.96 million. During the same quarter in the prior year, the firm earned $0.60 EPS. TTM Technologies’s quarterly revenue was up 19.0% on a year-over-year basis. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Sell-side analysts anticipate that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TTMI has been the subject of several recent analyst reports. B. Riley Financial raised their price objective on shares of TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Truist Financial set a $113.00 target price on shares of TTM Technologies in a report on Wednesday, January 14th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Needham & Company LLC upped their price target on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Stifel Nicolaus set a $108.00 price objective on TTM Technologies in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $117.25.

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.