Ieq Capital LLC Purchases Shares of 6,150 TTM Technologies, Inc. $TTMI

Ieq Capital LLC purchased a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,150 shares of the technology company’s stock, valued at approximately $1,150,000.

A number of other hedge funds have also modified their holdings of TTMI. Allworth Financial LP acquired a new stake in TTM Technologies in the 2nd quarter valued at approximately $211,000. PCM Encore LLC acquired a new position in TTM Technologies during the 2nd quarter worth approximately $940,000. Vise Technologies Inc. acquired a new position in TTM Technologies during the 2nd quarter worth approximately $1,319,000. Tocqueville Asset Management L.P. bought a new position in shares of TTM Technologies during the 2nd quarter worth approximately $3,526,000. Finally, Great Lakes Advisors LLC acquired a new stake in shares of TTM Technologies in the second quarter valued at approximately $1,457,000. 95.79% of the stock is currently owned by institutional investors.

TTM Technologies News Roundup

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: AI data-center demand is strengthening the commercial business. TTM’s AI-driven data-center surge is improving Commercial segment sales, margins and backlog, while next-generation N+M printed-circuit-board revenue is expected to ramp in the second half of 2026. Can TTMI’s AI Data-Center Boom Reshape Its Commercial Business?
• Positive Sentiment: Management highlighted record growth on its earnings call. The update reinforces the view that demand from computing, communications and defense customers is translating into stronger bookings and future revenue visibility. TTM Technologies’ Earnings Call Highlights Record Growth
• Positive Sentiment: CEO Edwin Roks purchased 10,000 shares for approximately $1.12 million. The open-market purchase increased his direct stake by about 18%, a signal of management confidence in TTM’s outlook. TTM Technologies CEO Edwin Roks Buys 10,000 Shares
• Positive Sentiment: Recent earnings support the bullish narrative. TTM previously exceeded EPS and revenue expectations, with revenue up 37.4% year over year, while analysts maintain a consensus “Buy” rating and targets above the current trading level.
• Neutral Sentiment: Short-interest data offers little explanatory value. Reported short interest was zero, suggesting the move is not being driven by a conventional short squeeze, although the figure may reflect a reporting-data issue.
• Negative Sentiment: The CFO sold nearly 5,900 shares worth about $660,500. The sale represented roughly 8% of the CFO’s prior stake and may temper the positive insider-buying signal. Investors are also watching the cost and execution risks associated with the company’s planned acquisition. TTM Technologies CFO Sells Nearly 6,000 Shares

Insider Buying and Selling

In other TTM Technologies news, SVP Dale Martin Knecht sold 26,198 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $142.00, for a total transaction of $3,720,116.00. Following the transaction, the senior vice president owned 40,138 shares of the company’s stock, valued at $5,699,596. The trade was a 39.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Douglas L. Soder sold 2,874 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total value of $600,493.56. Following the completion of the sale, the executive vice president directly owned 210,634 shares of the company’s stock, valued at approximately $44,009,867.96. The trade was a 1.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 108,241 shares of company stock worth $20,911,975 in the last 90 days. 1.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wall Street Zen upgraded shares of TTM Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 22nd. Truist Financial lifted their price target on shares of TTM Technologies from $215.00 to $224.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Weiss Ratings cut TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Finally, Stifel Nicolaus lifted their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and a consensus target price of $214.25.

TTM Technologies Price Performance

NASDAQ:TTMI opened at $121.70 on Thursday. The stock has a market capitalization of $12.82 billion, a PE ratio of 54.82 and a beta of 2.14. TTM Technologies, Inc. has a 1-year low of $42.69 and a 1-year high of $223.83. The firm has a fifty day simple moving average of $146.32 and a 200 day simple moving average of $136.52. The company has a current ratio of 1.78, a quick ratio of 1.54 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.10. TTM Technologies had a net margin of 7.01% and a return on equity of 15.67%. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $962.04 million. During the same quarter last year, the company posted $0.58 earnings per share. The company’s revenue for the quarter was up 37.4% compared to the same quarter last year. On average, research analysts expect that TTM Technologies, Inc. will post 4.26 EPS for the current fiscal year.

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.