Fosun International Ltd Makes New $345,000 Investment in TTM Technologies, Inc. $TTMI

Fosun International Ltd bought a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,000 shares of the technology company’s stock, valued at approximately $345,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TTMI. Optiver Holding B.V. raised its position in TTM Technologies by 66.4% during 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 position in TTM Technologies by 448.8% during 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. acquired a new position in TTM Technologies during the fourth quarter worth about $32,000. Wolff Wiese Magana LLC acquired a new position in TTM Technologies during the fourth quarter worth about $34,000. Finally, Danske Bank A S acquired a new position in TTM Technologies during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Insider Buying and Selling

In related news, Director Thomas T. Edman sold 16,800 shares of the company’s 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.30% of the company’s stock.

TTM Technologies Stock Performance

NASDAQ:TTMI opened at $184.84 on Friday. The firm has a 50 day simple moving average of $142.75 and a 200-day simple moving average of $105.70. 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 firm has a market cap of $19.20 billion, a PE ratio of 99.91 and a beta of 2.09. TTM Technologies, Inc. has a 1-year low of $31.83 and a 1-year high of $200.68.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The business 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 company’s revenue was up 30.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, equities analysts expect that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Analyst Ratings Changes

TTMI has been the subject of a number of research reports. Truist Financial lifted their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. B. Riley Financial lifted their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Finally, Needham & Company LLC boosted their price objective on shares of TTM Technologies from $160.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $209.00.

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.