15,000 Shares in TTM Technologies, Inc. $TTMI Acquired by Mitsubishi UFJ Asset Management UK Ltd.

Mitsubishi UFJ Asset Management UK Ltd. bought a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMIFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 15,000 shares of the technology company’s stock, valued at approximately $1,035,000.

Other institutional investors have also made changes to their positions in the company. Optiver Holding B.V. increased its holdings 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 during the last quarter. Bessemer Group Inc. increased its holdings in shares of TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after acquiring an additional 377 shares during the last quarter. Rakuten Securities Inc. acquired a new position in shares of TTM Technologies during the 4th quarter worth approximately $32,000. Wolff Wiese Magana LLC acquired a new position in shares of TTM Technologies during the 4th quarter worth approximately $34,000. Finally, Danske Bank A S acquired a new position in shares of TTM Technologies during the 4th quarter worth approximately $34,000. 95.79% of the stock is owned by institutional investors and hedge funds.

TTM Technologies Price Performance

Shares of TTMI stock opened at $161.41 on Wednesday. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. TTM Technologies, Inc. has a twelve month low of $28.12 and a twelve month high of $180.00. The company has a market cap of $16.76 billion, a P/E ratio of 87.25 and a beta of 2.11. The business has a fifty day simple moving average of $121.89 and a 200 day simple moving average of $95.91.

TTM Technologies (NASDAQ:TTMIGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.09. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The business had revenue of $845.98 million during the quarter, compared to the consensus estimate of $789.84 million. During the same period in the prior year, the company earned $0.50 EPS. TTM Technologies’s revenue for the quarter was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, sell-side analysts forecast that TTM Technologies, Inc. will post 3.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

TTMI has been the subject of several recent research reports. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. B. Riley Financial restated a “buy” rating on shares of TTM Technologies in a research note on Friday, April 24th. Stifel Nicolaus boosted their price target on TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Needham & Company LLC boosted their price target on TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Truist Financial boosted their price target on TTM Technologies from $115.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $149.50.

Read Our Latest Report on TTMI

Insider Buying and Selling at TTM Technologies

In related news, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 78,645 shares in the company, valued at $8,331,651.30. This represents a 20.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total value of $1,683,864.00. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 53,600 shares of company stock valued at $5,509,880. 1.30% of the stock is owned by corporate insiders.

About TTM Technologies

(Free Report)

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.

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Institutional Ownership by Quarter for TTM Technologies (NASDAQ:TTMI)

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