VIRGINIA RETIREMENT SYSTEMS ET Al Acquires 17,500 Shares of TTM Technologies, Inc. $TTMI

VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 416.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,700 shares of the technology company’s stock after purchasing an additional 17,500 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in TTM Technologies were worth $1,497,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Optiver Holding B.V. boosted its holdings in TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after purchasing an additional 170 shares during the period. Bessemer Group Inc. boosted its holdings in TTM Technologies by 448.8% in the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after purchasing an additional 377 shares during the period. Rakuten Securities Inc. bought a new stake in TTM Technologies in the 4th quarter valued at about $32,000. Wolff Wiese Magana LLC bought a new stake in TTM Technologies in the 4th quarter valued at about $34,000. Finally, Danske Bank A S bought a new stake in TTM Technologies in the 4th quarter valued at about $34,000. Institutional investors own 95.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TTMI. Stifel Nicolaus boosted their price objective on shares of TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a report on Monday, April 20th. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Needham & Company LLC boosted their target price on shares of TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. B. Riley Financial restated a “buy” rating on shares of TTM Technologies in a research report on Friday, April 24th. Finally, Zacks Research cut shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, TTM Technologies currently has an average rating of “Moderate Buy” and an average price target of $149.50.

Insider Buying and Selling

In related news, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the transaction, the executive vice president owned 78,645 shares of the company’s stock, valued at approximately $8,331,651.30. This represents a 20.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 53,600 shares of company stock valued at $5,509,880. 1.30% of the stock is owned by corporate insiders.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $167.35 on Friday. The firm has a 50 day moving average of $119.22 and a 200-day moving average of $94.27. The stock has a market capitalization of $17.38 billion, a PE ratio of 90.46 and a beta of 2.11. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. TTM Technologies, Inc. has a 12 month low of $28.12 and a 12 month high of $180.00.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.66 by $0.09. The company had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, equities research analysts predict that TTM Technologies, Inc. will post 3.17 EPS for the current fiscal year.

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.