Lisanti Capital Growth LLC Has $4.71 Million Stake in TTM Technologies, Inc. $TTMI

Lisanti Capital Growth LLC decreased its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 25.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,322 shares of the technology company’s stock after selling 23,785 shares during the period. Lisanti Capital Growth LLC owned about 0.07% of TTM Technologies worth $4,714,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Optiver Holding B.V. raised its stake in shares of TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after acquiring an additional 170 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of TTM Technologies by 448.8% in the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after acquiring an additional 377 shares during the last quarter. Rakuten Securities Inc. bought a new position in shares of TTM Technologies in the fourth quarter worth about $32,000. Wolff Wiese Magana LLC bought a new position in shares of TTM Technologies in the fourth quarter worth about $34,000. Finally, Danske Bank A S bought a new position in shares of TTM Technologies in the fourth quarter worth about $34,000. 95.79% of the stock is owned by institutional investors.

Insider Activity at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.30% of the stock is currently owned by corporate insiders.

TTM Technologies Stock Up 8.8%

Shares of NASDAQ:TTMI opened at $189.92 on Friday. TTM Technologies, Inc. has a one year low of $28.12 and a one year high of $191.73. The company has a 50 day moving average of $126.79 and a 200-day moving average of $98.07. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. The stock has a market cap of $19.72 billion, a price-to-earnings ratio of 102.66 and a beta of 2.11.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter in the previous year, the company earned $0.50 EPS. TTM Technologies’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, sell-side analysts forecast that TTM Technologies, Inc. will post 3.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on TTMI shares. B. Riley Financial reaffirmed a “buy” rating on shares of TTM Technologies in a research note on Wednesday. Truist Financial boosted their target price on shares of TTM Technologies from $115.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Stifel Nicolaus boosted their target price on shares of TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, TTM Technologies has a consensus rating of “Moderate Buy” and an average target price of $149.50.

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.