Versor Investments LP Increases Holdings in TTM Technologies, Inc. $TTMI

Versor Investments LP grew its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 54.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 11,745 shares of the technology company’s stock after acquiring an additional 4,124 shares during the quarter. Versor Investments LP’s holdings in TTM Technologies were worth $810,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in TTMI. Polar Capital Holdings Plc purchased a new stake in shares of TTM Technologies during the 3rd quarter valued at about $176,376,000. Invesco Ltd. raised its position in shares of TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock valued at $277,281,000 after buying an additional 2,699,494 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of TTM Technologies by 575.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock valued at $105,490,000 after buying an additional 1,560,394 shares in the last quarter. Westfield Capital Management Co. LP purchased a new stake in shares of TTM Technologies during the 3rd quarter valued at about $57,271,000. Finally, SG Capital Management LLC purchased a new stake in shares of TTM Technologies during the 3rd quarter valued at about $53,803,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

TTM Technologies Price Performance

Shares of TTMI stock opened at $163.36 on Wednesday. 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 company has a market capitalization of $16.96 billion, a P/E ratio of 88.30 and a beta of 2.11. The company’s 50-day simple moving average is $115.50 and its two-hundred day simple moving average is $92.18. TTM Technologies, Inc. has a one year low of $28.12 and a one year high of $180.00.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. The business had revenue of $845.98 million for the quarter, compared to the consensus estimate 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 for the quarter was up 30.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, equities analysts anticipate that TTM Technologies, Inc. will post 3.17 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Daniel J. Weber sold 12,000 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the transaction, the executive vice president directly owned 94,621 shares in the company, valued at approximately $8,883,019.48. This trade represents a 11.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas T. Edman sold 16,800 shares of the 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 88,350 shares of company stock worth $8,797,770 in the last three months. Corporate insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on TTMI. Truist Financial upped their target price on shares of TTM Technologies from $115.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Needham & Company LLC upped their price target on shares of TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, April 30th. B. Riley Financial reiterated a “buy” rating on shares of TTM Technologies in a report on Friday, April 24th. Finally, Stifel Nicolaus upped their price target on shares of TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a report on Monday, April 20th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, TTM Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $149.50.

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.