Intech Investment Management LLC Has $7.16 Million Stock Position in TTM Technologies, Inc. $TTMI

Intech Investment Management LLC decreased its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 39.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 103,776 shares of the technology company’s stock after selling 66,673 shares during the period. Intech Investment Management LLC owned 0.10% of TTM Technologies worth $7,161,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Optiver Holding B.V. lifted its position in shares of TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after buying an additional 170 shares during the last quarter. Bessemer Group Inc. lifted its position in shares of TTM Technologies by 448.8% in the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after buying an additional 377 shares during the last quarter. Rakuten Securities Inc. acquired a new stake in shares of TTM Technologies in the fourth quarter worth about $32,000. Wolff Wiese Magana LLC acquired a new stake in shares of TTM Technologies in the fourth quarter worth about $34,000. Finally, Danske Bank A S acquired a new stake in shares of TTM Technologies in the fourth quarter worth about $34,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Insider Transactions at TTM Technologies

In related news, Director Thomas T. Edman sold 16,800 shares of the business’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 sale was disclosed in a document filed with the SEC, which is available through this link. 1.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Stifel Nicolaus boosted their price target on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday. Truist Financial lifted their price objective on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday. B. Riley Financial lifted their price objective on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday. Needham & Company LLC lifted their price objective on TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $209.00.

TTM Technologies Trading Down 7.5%

Shares of TTMI opened at $173.72 on Friday. TTM Technologies, Inc. has a 12-month low of $29.26 and a 12-month high of $200.68. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $18.04 billion, a price-to-earnings ratio of 93.90 and a beta of 2.11. The stock’s 50-day moving average price is $136.16 and its 200 day moving average price is $102.25.

TTM Technologies (NASDAQ:TTMI) last issued 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 return on equity of 13.70% and a net margin of 6.29%.The firm had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. During the same period in the previous year, the company posted $0.50 earnings per share. The company’s quarterly revenue was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, research analysts predict that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.

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.