UNICOM Systems Inc. Buys New Stake in TTM Technologies, Inc. $TTMI

UNICOM Systems Inc. bought a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 31,600 shares of the technology company’s stock, valued at approximately $5,910,000.

Several other hedge funds also recently bought and sold shares of the stock. GAMMA Investing LLC boosted its holdings in shares of TTM Technologies by 1.8% in the second quarter. GAMMA Investing LLC now owns 4,340 shares of the technology company’s stock worth $812,000 after buying an additional 75 shares during the period. Parallel Advisors LLC grew its holdings in shares of TTM Technologies by 36.2% during the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after buying an additional 87 shares in the last quarter. Lido Advisors LLC raised its position in TTM Technologies by 1.5% during the fourth quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock valued at $553,000 after buying an additional 116 shares during the period. Fifth Third Wealth Advisors LLC lifted its stake in TTM Technologies by 4.5% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock worth $320,000 after acquiring an additional 142 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in TTM Technologies by 12.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,347 shares of the technology company’s stock worth $131,000 after acquiring an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Up 0.6%

TTMI opened at $137.21 on Friday. TTM Technologies, Inc. has a fifty-two week low of $39.20 and a fifty-two week high of $223.83. The business has a 50-day moving average of $161.95 and a 200-day moving average of $133.79. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.78 and a quick ratio of 1.61. The company has a market capitalization of $14.25 billion, a PE ratio of 61.81 and a beta of 2.14.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.89 by $0.10. TTM Technologies had a return on equity of 15.67% and a net margin of 7.01%.The business had revenue of $1 billion during the quarter, compared to analysts’ expectations of $962.04 million. During the same quarter in the previous year, the business posted $0.58 EPS. The firm’s quarterly revenue was up 37.4% compared to the same quarter last year. TTM Technologies has set its Q3 2026 guidance at 1.210-1.270 EPS. Equities research analysts forecast that TTM Technologies, Inc. will post 3.66 EPS for the current fiscal year.

Insider Transactions at TTM Technologies

In related news, EVP Catherine A. Gridley sold 3,056 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total value of $638,520.64. Following the completion of the sale, the executive vice president directly owned 71,866 shares in the company, valued at approximately $15,015,682.04. This represents a 4.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Shawn A. Powers sold 3,367 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $703,500.98. Following the transaction, the executive vice president directly owned 120,801 shares in the company, valued at $25,240,160.94. The trade was a 2.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 82,043 shares of company stock valued at $17,191,859. Insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TTMI. Truist Financial lifted their target price on TTM Technologies from $215.00 to $224.00 and gave the company a “buy” rating in a research note on Thursday. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Needham & Company LLC raised their price target on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. B. Riley Financial boosted their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Finally, Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Five 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $214.25.

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.