Clare Market Investments LLC Purchases New Stake in TTM Technologies, Inc. $TTMI

Clare Market Investments LLC acquired a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 7,290 shares of the technology company’s stock, valued at approximately $710,000.

A number of other hedge funds and other institutional investors have also modified their holdings of TTMI. Kestra Advisory Services LLC purchased a new stake in shares of TTM Technologies in the fourth quarter valued at about $30,000. Truvestments Capital LLC purchased a new position in TTM Technologies in the fourth quarter worth approximately $30,000. Rakuten Securities Inc. purchased a new position in TTM Technologies in the fourth quarter worth approximately $32,000. Wolff Wiese Magana LLC acquired a new position in shares of TTM Technologies in the 4th quarter valued at $34,000. Finally, Danske Bank A S purchased a new stake in TTM Technologies in the 4th quarter valued at about $34,000. 95.79% of the stock is owned by institutional investors and hedge funds.

Insider Activity at TTM Technologies

In related news, EVP Douglas L. Soder sold 2,874 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $600,493.56. Following the transaction, the executive vice president owned 210,634 shares of the company’s stock, valued at $44,009,867.96. This trade represents a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Shawn A. Powers sold 3,367 shares of TTM Technologies stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total value of $703,500.98. Following the completion of the transaction, the executive vice president owned 120,801 shares in the company, valued at $25,240,160.94. This trade represents a 2.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 82,043 shares of company stock worth $17,191,859 over the last three months. Company insiders own 1.30% of the company’s stock.

TTM Technologies Stock Down 0.6%

TTM Technologies stock opened at $148.53 on Tuesday. The firm has a market capitalization of $15.42 billion, a P/E ratio of 80.02 and a beta of 2.10. The stock’s fifty day simple moving average is $177.84 and its 200-day simple moving average is $124.40. TTM Technologies, Inc. has a twelve month low of $39.20 and a twelve month 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.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The company had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.TTM Technologies’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, equities analysts expect that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on TTMI shares. Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Zacks Research cut TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Needham & Company LLC boosted their price objective on TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Stifel Nicolaus raised their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, B. Riley Financial raised their target price on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average 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.