NewEdge Advisors LLC Has $1.23 Million Position in TTM Technologies, Inc. $TTMI

NewEdge Advisors LLC increased its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 385.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,581 shares of the technology company’s stock after buying an additional 9,987 shares during the quarter. NewEdge Advisors LLC’s holdings in TTM Technologies were worth $1,226,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Kestra Advisory Services LLC acquired a new position in TTM Technologies during the 4th quarter worth approximately $30,000. Truvestments Capital LLC bought a new stake in shares of TTM Technologies in the fourth quarter worth $30,000. Rakuten Securities Inc. bought a new stake in shares of TTM Technologies in the fourth quarter worth $32,000. Parallel Advisors LLC boosted its holdings in TTM Technologies by 36.2% during the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after purchasing an additional 87 shares during the last quarter. Finally, Danske Bank A S acquired a new position in TTM Technologies during the fourth quarter worth $34,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Key Stories Impacting TTM Technologies

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

• Positive Sentiment: TTM agreed to acquire Epiq in an all-cash transaction, expanding its portfolio into open-architecture, AI-enabled software-defined radios, high-performance RF products and radiation-tolerant space computing. The transaction strengthens TTM’s exposure to defense, electronic warfare, signals intelligence, missile defense, communications and space markets. Veritas Capital Announces $1.1 Billion Sale of Epiq Solutions to TTM Technologies
• Positive Sentiment: Management expects the acquisition to be immediately accretive to adjusted EBITDA margin and accretive to non-GAAP diluted EPS in 2028. TTM estimates the deal will add a higher-margin, long-cycle business and improve vertical integration across its electronics offerings. TTM Technologies Makes $1.1 Billion Defense Push With Epiq Solutions Deal
• Positive Sentiment: The deal complements TTM’s broader growth investments, including planned data-center capacity and U.S. manufacturing expansion. Recent coverage also highlights strong demand tied to artificial intelligence, aerospace and defense markets, supporting the company’s growth outlook. TTM Technologies: AI Has Turned This Boring PCB Maker Into a Growth Monster
• Neutral Sentiment: TTM’s latest reported quarter showed revenue growth of 37.4% year over year to roughly $1.0 billion, while earnings per share exceeded analyst expectations. However, the stock’s elevated valuation means investors are likely demanding continued exceptional execution. TTM Technologies: Strong Demand, But the Valuation Requires Exceptional Execution
• Negative Sentiment: The all-cash purchase will increase leverage to an estimated 2.3 times net debt to EBITDA at closing. Although TTM expects to reduce leverage to 1.5–1.7 times within 12–18 months, the acquisition remains subject to regulatory approval, financing conditions and successful integration. Continued insider selling, with no reported insider purchases in the past six months, may also weigh on sentiment.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on TTMI shares. Truist Financial lifted their price target on shares of TTM Technologies from $215.00 to $224.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Needham & Company LLC lifted their target price on TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 6th. Wall Street Zen upgraded TTM Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, 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, May 28th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, TTM Technologies has a consensus rating of “Buy” and an average target price of $214.25.

Insider Transactions at TTM Technologies

In other TTM Technologies news, EVP Douglas L. Soder sold 8,902 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $209.79, for a total transaction of $1,867,550.58. Following the completion of the sale, the executive vice president directly owned 208,245 shares in the company, valued at $43,687,718.55. This trade represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Weber sold 8,533 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total value of $1,790,223.40. Following the sale, the executive vice president owned 86,088 shares of the company’s stock, valued at approximately $18,061,262.40. This represents a 9.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 108,241 shares of company stock worth $20,911,975. 1.30% of the stock is currently owned by insiders.

TTM Technologies Price Performance

NASDAQ:TTMI opened at $140.98 on Tuesday. TTM Technologies, Inc. has a one year low of $39.20 and a one year high of $223.83. The company has a market cap of $14.85 billion, a P/E ratio of 63.50 and a beta of 2.15. The firm’s fifty day moving average price is $156.88 and its two-hundred day moving average price is $135.71. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.78 and a quick ratio of 1.54.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.10. The company had revenue of $1 billion for the quarter, compared to analyst estimates of $962.04 million. TTM Technologies had a net margin of 7.01% and a return on equity of 15.67%. The company’s revenue was up 37.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 earnings per share. Equities analysts expect that TTM Technologies, Inc. will post 4.26 earnings per share for the current year.

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.