SBI Securities Co. Ltd. Raises Holdings in TTM Technologies, Inc. $TTMI

SBI Securities Co. Ltd. lifted its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 3,743.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,421 shares of the technology company’s stock after acquiring an additional 3,332 shares during the period. SBI Securities Co. Ltd.’s holdings in TTM Technologies were worth $236,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Principal Financial Group Inc. grew its stake in shares of TTM Technologies by 10.5% during the fourth quarter. Principal Financial Group Inc. now owns 698,715 shares of the technology company’s stock worth $48,211,000 after acquiring an additional 66,472 shares during the last quarter. Danske Bank A S purchased a new stake in shares of TTM Technologies during the fourth quarter worth about $34,000. Oppenheimer & Co. Inc. grew its stake in shares of TTM Technologies by 27.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 15,368 shares of the technology company’s stock worth $1,060,000 after acquiring an additional 3,268 shares during the last quarter. Sigma Planning Corp purchased a new stake in shares of TTM Technologies during the fourth quarter worth about $379,000. Finally, Jennison Associates LLC grew its stake in shares of TTM Technologies by 2,056.2% during the fourth quarter. Jennison Associates LLC now owns 640,047 shares of the technology company’s stock worth $44,163,000 after acquiring an additional 610,363 shares during the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Performance

Shares of NASDAQ:TTMI opened at $157.31 on Monday. TTM Technologies, Inc. has a 12-month low of $26.50 and a 12-month high of $180.00. The company has a market capitalization of $16.34 billion, a PE ratio of 85.03 and a beta of 2.11. The business has a 50 day moving average of $112.24 and a two-hundred day moving average of $89.97. 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 announced 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. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The company had revenue of $845.98 million during the quarter, compared to the consensus estimate of $789.84 million. During the same period in the previous year, the company posted $0.50 earnings per share. 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. As a group, analysts forecast that TTM Technologies, Inc. will post 3.17 EPS for the current year.

Analysts Set New Price Targets

TTMI has been the topic of a number of research analyst reports. B. Riley Financial restated a “buy” rating on shares of TTM Technologies in a research note on Friday, April 24th. Needham & Company LLC boosted their price target on TTM Technologies from $125.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Stifel Nicolaus lifted their target price on TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Finally, Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.50.

Insider Transactions at TTM Technologies

In other news, EVP Daniel J. Weber sold 12,000 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the completion of the transaction, the executive vice president directly owned 94,621 shares of the company’s stock, valued at $8,883,019.48. This represents a 11.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction that occurred 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 SEC filing for this sale provides additional information. Insiders sold a total of 88,350 shares of company stock valued at $8,797,770 in the last three months. 1.30% of the stock is currently owned by company insiders.

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.