SG Americas Securities LLC Purchases 11,428 Shares of TTM Technologies, Inc. $TTMI

SG Americas Securities LLC increased its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 41.7% in the first quarter, Holdings Channel.com reports. The firm owned 38,812 shares of the technology company’s stock after acquiring an additional 11,428 shares during the period. SG Americas Securities LLC’s holdings in TTM Technologies were worth $3,781,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTMI. Polar Capital Holdings Plc acquired a new position in TTM Technologies during the 3rd quarter valued at about $176,376,000. Invesco Ltd. raised its stake in shares of TTM Technologies by 127.7% during the third quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after buying an additional 2,699,494 shares during the last quarter. Whale Rock Capital Management LLC lifted its holdings in TTM Technologies by 112.1% in the fourth quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock valued at $295,066,000 after buying an additional 2,260,035 shares during the period. Castle Hook Partners LP acquired a new position in TTM Technologies in the fourth quarter valued at approximately $133,351,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake 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 acquiring an additional 1,560,394 shares during the last quarter. 95.79% of the stock is owned by institutional investors.

TTM Technologies Trading Down 2.4%

TTMI opened at $186.80 on Tuesday. The firm’s fifty day moving average is $174.02 and its two-hundred day moving average is $121.18. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The firm has a market cap of $19.40 billion, a PE ratio of 100.97 and a beta of 2.10. TTM Technologies, Inc. has a twelve month low of $39.20 and a twelve month high of $223.83.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. During the same quarter in the previous year, the business earned $0.50 EPS. The firm’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities research analysts anticipate that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Wall Street Analysts Forecast Growth

TTMI has been the subject of several recent research reports. Truist Financial upped their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. B. Riley Financial upped their price objective on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $212.00.

More TTM Technologies News

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

• Positive Sentiment: TTM Technologies was upgraded to Zacks Rank #1 (Strong Buy), signaling stronger earnings expectations and improved near-term sentiment. Article title
• Positive Sentiment: The stock also appeared on Zacks’ Best Momentum Stocks list, which can attract traders looking for strength and follow-through buying. Article title
• Positive Sentiment: TTMI was added to Zacks’ Strong Buy list, another sign that sentiment around earnings and price momentum remains favorable. Article title

Insider Activity

In other TTM Technologies news, EVP Catherine A. Gridley sold 8,966 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total value of $1,881,066.80. Following the completion of the transaction, the executive vice president directly owned 69,679 shares of the company’s stock, valued at approximately $14,618,654.20. The trade was a 11.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Douglas L. Soder sold 8,902 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $209.79, for a total value of $1,867,550.58. Following the completion of the sale, the executive vice president owned 208,245 shares of the company’s stock, valued at $43,687,718.55. This trade represents a 4.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 98,843 shares of company stock valued at $18,875,723. Company insiders own 1.30% of the company’s stock.

About TTM Technologies

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.