TTM Technologies, Inc. $TTMI Shares Sold by Hood River Capital Management LLC

Hood River Capital Management LLC trimmed its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 25.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 831,743 shares of the technology company’s stock after selling 281,651 shares during the period. Hood River Capital Management LLC owned approximately 0.81% of TTM Technologies worth $33,952,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of TTMI. Nuveen LLC acquired a new stake in shares of TTM Technologies in the 1st quarter worth approximately $31,763,000. Invesco Ltd. lifted its holdings in shares of TTM Technologies by 55.7% in the second quarter. Invesco Ltd. now owns 2,114,409 shares of the technology company’s stock valued at $86,310,000 after buying an additional 756,702 shares during the period. Neumeier Poma Investment Counsel LLC bought a new position in TTM Technologies during the second quarter valued at about $25,824,000. Cubist Systematic Strategies LLC raised its position in TTM Technologies by 1,070.1% in the first quarter. Cubist Systematic Strategies LLC now owns 470,679 shares of the technology company’s stock worth $9,654,000 after acquiring an additional 430,453 shares in the last quarter. Finally, CloudAlpha Capital Management Limited Hong Kong acquired a new stake in TTM Technologies in the 2nd quarter valued at about $16,914,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Insiders Place Their Bets

In related news, Director Julie Spicer England sold 3,784 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $63.34, for a total value of $239,678.56. Following the completion of the sale, the director directly owned 106,541 shares in the company, valued at approximately $6,748,306.94. This represents a 3.43% 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, insider Anthony Joseph Sandeen sold 2,000 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $67.30, for a total transaction of $134,600.00. Following the transaction, the insider directly owned 41,442 shares in the company, valued at $2,789,046.60. The trade was a 4.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 20,070 shares of company stock worth $1,348,445 in the last 90 days. 1.30% of the stock is owned by corporate insiders.

TTM Technologies Price Performance

TTMI opened at $73.74 on Monday. The stock has a fifty day moving average price of $62.83 and a 200 day moving average price of $49.68. The company has a current ratio of 1.94, a quick ratio of 1.66 and a debt-to-equity ratio of 0.54. TTM Technologies, Inc. has a 1 year low of $15.77 and a 1 year high of $75.00. The stock has a market cap of $7.62 billion, a price-to-earnings ratio of 58.52 and a beta of 1.74.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $752.74 million during the quarter, compared to the consensus estimate of $711.91 million. TTM Technologies had a return on equity of 13.21% and a net margin of 4.74%.The business’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period last year, the business earned $0.41 EPS. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Analysts forecast that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on TTMI shares. B. Riley lifted their price target on shares of TTM Technologies from $75.00 to $81.00 and gave the stock a “buy” rating in a research report on Wednesday. Wall Street Zen cut TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 19th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Needham & Company LLC boosted their price target on shares of TTM Technologies from $77.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Finally, Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $73.25.

TTM Technologies Company Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.