JPMorgan Chase & Co. Sells 239,333 Shares of TTM Technologies, Inc. $TTMI

JPMorgan Chase & Co. reduced its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 36.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 412,701 shares of the technology company’s stock after selling 239,333 shares during the quarter. JPMorgan Chase & Co.’s holdings in TTM Technologies were worth $23,772,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Optiver Holding B.V. lifted its position in shares of TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after purchasing an additional 170 shares during the period. Bessemer Group Inc. increased its position in shares of TTM Technologies by 448.8% during the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after buying an additional 377 shares during the period. Salomon & Ludwin LLC purchased a new position in shares of TTM Technologies during the third quarter valued at about $39,000. Employees Retirement System of Texas bought a new position in TTM Technologies in the third quarter worth about $56,000. Finally, Federated Hermes Inc. bought a new position in TTM Technologies in the third quarter worth about $60,000. 95.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on TTMI shares. B. Riley Financial lifted their price objective on TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Needham & Company LLC raised their target price on TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, Stifel Nicolaus set a $108.00 price target on TTM Technologies in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $117.25.

TTM Technologies Price Performance

Shares of NASDAQ TTMI opened at $101.42 on Tuesday. TTM Technologies, Inc. has a fifty-two week low of $15.77 and a fifty-two week high of $113.46. The company has a 50 day simple moving average of $98.16 and a two-hundred day simple moving average of $75.52. The company has a market capitalization of $10.53 billion, a price-to-earnings ratio of 60.01 and a beta of 1.74. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.67 and a current ratio of 1.93.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The firm had revenue of $763.53 million for the quarter, compared to analysts’ expectations of $752.96 million. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The business’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Analysts expect that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling at TTM Technologies

In other news, EVP Catherine A. Gridley sold 20,000 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the completion of the transaction, the executive vice president directly owned 78,645 shares in the company, valued at $8,331,651.30. This trade represents a 20.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel J. Weber sold 12,000 shares of TTM Technologies stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $93.88, for a total value of $1,126,560.00. Following the completion of the transaction, the executive vice president directly owned 94,621 shares of the company’s stock, valued at approximately $8,883,019.48. This represents a 11.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 105,150 shares of company stock worth $9,900,522. 1.30% of the stock is owned by insiders.

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.