UBS Group AG Sells 233,886 Shares of TTM Technologies, Inc. $TTMI

UBS Group AG lowered its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 60.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,708 shares of the technology company’s stock after selling 233,886 shares during the period. UBS Group AG’s holdings in TTM Technologies were worth $10,399,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in TTM Technologies by 0.5% in the third quarter. Vanguard Group Inc. now owns 13,156,053 shares of the technology company’s stock valued at $757,789,000 after purchasing an additional 60,002 shares in the last quarter. Invesco Ltd. grew its position in TTM Technologies by 127.7% in the third quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock valued at $277,281,000 after purchasing an additional 2,699,494 shares in the last quarter. Polar Capital Holdings Plc bought a new position in TTM Technologies in the third quarter valued at $176,376,000. Arrowstreet Capital Limited Partnership grew its position in TTM Technologies by 575.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock valued at $105,490,000 after purchasing an additional 1,560,394 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in TTM Technologies by 7.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $34,989,000 after purchasing an additional 115,766 shares in the last quarter. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Performance

Shares of TTMI stock opened at $167.35 on Friday. The stock has a market cap of $17.38 billion, a P/E ratio of 90.46 and a beta of 2.11. 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 fifty day moving average price of $119.22 and a two-hundred day moving average price of $94.27. TTM Technologies, Inc. has a one year low of $28.12 and a one year high of $180.00.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The firm had revenue of $845.98 million during the quarter, compared to analysts’ expectations 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 quarter last year, the company posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, equities analysts predict that TTM Technologies, Inc. will post 3.17 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Stifel Nicolaus increased their price target on shares of TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Needham & Company LLC increased their price target on shares of TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. B. Riley Financial reiterated a “buy” rating on shares of TTM Technologies in a research note on Friday, April 24th. Finally, Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $149.50.

Insider Transactions at TTM Technologies

In other news, EVP Catherine A. Gridley sold 20,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the completion of the sale, the executive vice president owned 78,645 shares in the company, valued at approximately $8,331,651.30. This trade represents a 20.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total transaction of $1,683,864.00. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 53,600 shares of company stock valued at $5,509,880. 1.30% of the stock is currently owned by corporate insiders.

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.