MYDA Advisors LLC Takes Position in TTM Technologies, Inc. $TTMI

MYDA Advisors LLC acquired a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,000 shares of the technology company’s stock, valued at approximately $1,035,000.

A number of other institutional investors have also recently made changes to their positions in TTMI. Polar Capital Holdings Plc purchased a new stake in shares of TTM Technologies during the third quarter valued at approximately $176,376,000. Invesco Ltd. raised its holdings 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 valued at $277,281,000 after acquiring an additional 2,699,494 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of TTM Technologies by 575.7% during 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 in the last quarter. Westfield Capital Management Co. LP bought a new position in shares of TTM Technologies during the third quarter valued at approximately $57,271,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of TTM Technologies by 230.0% during the fourth quarter. JPMorgan Chase & Co. now owns 1,361,872 shares of the technology company’s stock valued at $93,969,000 after acquiring an additional 949,171 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

TTM Technologies Price Performance

TTMI opened at $194.05 on Monday. The stock has a fifty day simple moving average of $152.57 and a two-hundred day simple moving average of $110.62. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. The company has a market cap of $20.15 billion, a price-to-earnings ratio of 104.89 and a beta of 2.10. TTM Technologies, Inc. has a 12-month low of $35.01 and a 12-month high of $200.68.

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

Analyst Ratings Changes

A number of brokerages recently commented on TTMI. Needham & Company LLC restated a “buy” rating and set a $208.00 target price on shares of TTM Technologies in a report on Thursday. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Wall Street Zen downgraded TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday. Stifel Nicolaus upped their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, B. Riley Financial upped their target price on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $209.00.

Insider Transactions at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.