Divisar Capital Management LLC Takes Position in TTM Technologies, Inc. $TTMI

Divisar Capital Management LLC purchased a new position in TTM Technologies, Inc. (NASDAQ:TTMI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 66,004 shares of the technology company’s stock, valued at approximately $3,802,000. TTM Technologies comprises about 1.0% of Divisar Capital Management LLC’s portfolio, making the stock its 21st biggest position.

Several other large investors have also recently bought and sold shares of TTMI. Optiver Holding B.V. raised its position in shares of TTM Technologies by 66.4% during the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after acquiring an additional 170 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of TTM Technologies by 448.8% during the third 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 last quarter. Salomon & Ludwin LLC acquired a new stake in shares of TTM Technologies during the third quarter worth about $39,000. EverSource Wealth Advisors LLC lifted its holdings in shares of TTM Technologies by 52.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock valued at $51,000 after purchasing an additional 430 shares during the last quarter. Finally, Employees Retirement System of Texas acquired a new stake in shares of TTM Technologies in the 3rd quarter valued at about $56,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Wall Street Analysts Forecast Growth

TTMI has been the topic of a number of research reports. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Needham & Company LLC boosted their price objective on TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. B. Riley Financial raised their target price on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Stifel Nicolaus set a $108.00 target price on shares of TTM Technologies in a report on Thursday, February 5th. Finally, Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. One 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, the company currently has an average rating of “Buy” and a consensus price target of $117.25.

Insiders Place Their Bets

In other news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $101.62, for a total value of $1,707,216.00. Following the completion of the sale, the director 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Catherine A. Gridley sold 20,000 shares of TTM Technologies stock in a transaction dated 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 sale, 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 SEC filing for this sale provides additional information. In the last quarter, insiders sold 105,150 shares of company stock worth $9,900,522. 1.30% of the stock is owned by insiders.

TTM Technologies Trading Up 0.1%

NASDAQ:TTMI opened at $90.64 on Monday. 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 50 day simple moving average is $95.12 and its 200-day simple moving average is $73.36. The firm has a market cap of $9.37 billion, a P/E ratio of 53.63 and a beta of 1.74.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $752.96 million. During the same period last year, the company earned $0.60 earnings per share. The company’s revenue for the quarter was up 19.0% on a year-over-year basis. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Equities analysts anticipate that TTM Technologies, Inc. will post 1.76 EPS for the current 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.