TTM Technologies, Inc. $TTMI Shares Purchased by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky boosted its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 24.4% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 32,164 shares of the technology company’s stock after buying an additional 6,310 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in TTM Technologies were worth $3,133,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of TTM Technologies during the 4th quarter valued at $668,000. Geode Capital Management LLC increased its holdings in TTM Technologies by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock valued at $184,119,000 after purchasing an additional 81,588 shares in the last quarter. Royce & Associates LP increased its holdings in TTM Technologies by 103.5% in the 4th quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock valued at $18,564,000 after purchasing an additional 136,845 shares in the last quarter. Wealth High Governance Capital Ltda raised its position in TTM Technologies by 408.6% in the fourth quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock valued at $12,632,000 after purchasing an additional 147,079 shares during the period. Finally, Robeco Institutional Asset Management B.V. purchased a new position in TTM Technologies in the fourth quarter valued at about $2,767,000. 95.79% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Robert P. Farrell sold 1,304 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $208.92, for a total transaction of $272,431.68. Following the transaction, the insider owned 16,995 shares of the company’s stock, valued at approximately $3,550,595.40. This trade represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Douglas L. Soder sold 2,874 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $208.94, for a total value of $600,493.56. Following the completion of the sale, the executive vice president directly owned 210,634 shares of the company’s stock, valued at approximately $44,009,867.96. This represents a 1.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 82,043 shares of company stock worth $17,191,859. Company insiders own 1.30% of the company’s stock.

TTM Technologies Stock Performance

TTM Technologies stock opened at $141.97 on Wednesday. TTM Technologies, Inc. has a 52 week low of $39.20 and a 52 week high of $223.83. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. The stock has a market cap of $14.74 billion, a P/E ratio of 76.74 and a beta of 2.10. The stock has a 50 day moving average of $177.40 and a 200-day moving average of $127.57.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. During the same quarter in the previous year, the firm earned $0.50 earnings per share. The business’s revenue was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, analysts expect that TTM Technologies, Inc. will post 3.66 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Needham & Company LLC upped their target price on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Truist Financial boosted their price target on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Stifel Nicolaus upped their price target on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Wall Street Zen downgraded shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $212.00.

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.