Florida Financial Advisors LLC Sells 7,798 Shares of TTM Technologies, Inc. $TTMI

Florida Financial Advisors LLC reduced its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 23.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,231 shares of the technology company’s stock after selling 7,798 shares during the quarter. Florida Financial Advisors LLC’s holdings in TTM Technologies were worth $2,458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its stake in TTM Technologies by 36.2% in the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after acquiring an additional 87 shares during the period. Lido Advisors LLC increased its stake in shares of TTM Technologies by 1.5% in the fourth quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after purchasing an additional 116 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its position in shares of TTM Technologies by 4.5% in the first quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock valued at $320,000 after purchasing an additional 142 shares during the period. Tocqueville Asset Management L.P. lifted its stake in shares of TTM Technologies by 0.8% during the 4th quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock valued at $1,301,000 after buying an additional 158 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in TTM Technologies by 4.4% in the 3rd quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock worth $229,000 after buying an additional 167 shares during the period. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Insider Activity

In other news, EVP Douglas L. Soder sold 2,874 shares of the 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 directly owned 210,634 shares in the company, valued at approximately $44,009,867.96. This represents a 1.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Shawn A. Powers sold 3,367 shares of the firm’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 $703,500.98. Following the transaction, the executive vice president directly owned 120,801 shares in the company, valued at approximately $25,240,160.94. This represents a 2.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 82,043 shares of company stock valued at $17,191,859. 1.30% of the stock is owned by insiders.

TTM Technologies Stock Performance

TTM Technologies stock opened at $133.17 on Tuesday. TTM Technologies, Inc. has a fifty-two week low of $39.20 and a fifty-two week high of $223.83. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The stock has a market cap of $13.83 billion, a P/E ratio of 71.98 and a beta of 2.10. The firm’s fifty day moving average price is $175.41 and its 200-day moving average price is $129.35.

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

Wall Street Analyst Weigh In

TTMI has been the topic of a number of analyst reports. B. Riley Financial boosted their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Needham & Company LLC raised their target price on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Stifel Nicolaus lifted 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, Truist Financial increased their price target on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. 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, TTM Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $212.00.

TTM Technologies 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.