Commonwealth Equity Services LLC Has $3.15 Million Stock Holdings in TTM Technologies, Inc. $TTMI

Commonwealth Equity Services LLC lessened its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 22.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 45,587 shares of the technology company’s stock after selling 13,119 shares during the quarter. Commonwealth Equity Services LLC’s holdings in TTM Technologies were worth $3,146,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Optiver Holding B.V. lifted its stake 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 buying an additional 170 shares during the last quarter. Bessemer Group Inc. lifted its stake 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 buying an additional 377 shares during the last quarter. Rakuten Securities Inc. acquired a new stake in shares of TTM Technologies during the 4th quarter worth about $32,000. Wolff Wiese Magana LLC acquired a new stake in shares of TTM Technologies during the 4th quarter worth about $34,000. Finally, Danske Bank A S acquired a new stake in shares of TTM Technologies during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Truist Financial raised their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. B. Riley Financial raised their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Stifel Nicolaus lifted their price objective on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. 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, the company currently has a consensus rating of “Buy” and a consensus price target of $209.00.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $173.86 on Wednesday. The firm has a 50 day moving average of $147.16 and a 200-day moving average of $108.01. The stock has a market capitalization of $18.06 billion, a PE ratio of 93.98 and a beta of 2.09. 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 $35.01 and a 12 month high of $200.68.

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 3.7 EPS for the current fiscal year.

Insider Activity at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of the business’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 value of $1,683,864.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.30% of the company’s stock.

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.