Gamco Investors INC. ET AL Sells 39,574 Shares of TTM Technologies, Inc. $TTMI

Gamco Investors INC. ET AL reduced its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 54.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 33,521 shares of the technology company’s stock after selling 39,574 shares during the period. Gamco Investors INC. ET AL’s holdings in TTM Technologies were worth $1,931,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Orion Porfolio Solutions LLC bought a new position in TTM Technologies in the third quarter valued at about $2,479,000. Legato Capital Management LLC raised its holdings in TTM Technologies by 104.6% during the 3rd quarter. Legato Capital Management LLC now owns 20,000 shares of the technology company’s stock worth $1,152,000 after purchasing an additional 10,225 shares during the last quarter. Quantbot Technologies LP lifted its position in TTM Technologies by 75.2% during the 3rd quarter. Quantbot Technologies LP now owns 48,536 shares of the technology company’s stock valued at $2,796,000 after purchasing an additional 20,833 shares during the period. Choreo LLC boosted its stake in shares of TTM Technologies by 1.4% in the 3rd quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock valued at $818,000 after purchasing an additional 191 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of TTM Technologies by 15.1% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 105,559 shares of the technology company’s stock valued at $6,080,000 after purchasing an additional 13,887 shares during the last quarter. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Performance

Shares of TTM Technologies stock opened at $96.43 on Wednesday. The company has a market capitalization of $9.97 billion, a PE ratio of 57.06 and a beta of 1.74. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $113.46. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52. The stock’s fifty day simple moving average is $93.76 and its 200 day simple moving average is $72.36.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share (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 during the quarter, compared to analysts’ expectations of $752.96 million. During the same period in the previous year, the firm earned $0.60 earnings per share. The company’s 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. On average, research analysts predict that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Insider Activity

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $101.62, for a total transaction of $1,707,216.00. Following the sale, the director directly owned 855,171 shares in the company, valued at approximately $86,902,477.02. This trade represents a 1.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Catherine A. Gridley sold 20,000 shares of TTM Technologies stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the completion of the transaction, the executive vice president directly owned 78,645 shares in the company, valued at approximately $8,331,651.30. The trade was a 20.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 105,150 shares of company stock worth $9,900,522 in the last 90 days. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

TTMI has been the subject of a number of recent research reports. Stifel Nicolaus set a $108.00 price target on shares of TTM Technologies in a research note on Thursday, February 5th. Needham & Company LLC raised their price objective on shares of TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Truist Financial set a $113.00 target price on shares of TTM Technologies in a report on Wednesday, January 14th. B. Riley Financial upped their target price on shares of TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, TTM Technologies has a consensus rating of “Buy” and a consensus price target of $117.25.

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.