GW&K Investment Management LLC Sells 60,287 Shares of TTM Technologies, Inc. $TTMI

GW&K Investment Management LLC decreased its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 39.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 92,543 shares of the technology company’s stock after selling 60,287 shares during the period. GW&K Investment Management LLC’s holdings in TTM Technologies were worth $5,330,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Optiver Holding B.V. grew its holdings in TTM Technologies by 66.4% during the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after acquiring an additional 170 shares during the last quarter. Bessemer Group Inc. boosted its position in TTM Technologies by 448.8% in the 3rd 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 last quarter. Salomon & Ludwin LLC bought a new position in TTM Technologies in the 3rd quarter valued at $39,000. Federated Hermes Inc. acquired a new stake in shares of TTM Technologies in the 3rd quarter valued at $60,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of TTM Technologies by 52.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock worth $51,000 after acquiring an additional 430 shares during the last quarter. 95.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Insider Activity at TTM Technologies

In other TTM Technologies news, EVP Daniel J. Weber sold 12,000 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the sale, the executive vice president directly owned 94,621 shares in the company, valued at $8,883,019.48. This represents a 11.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $101.62, for a total transaction of $1,707,216.00. Following the sale, the director directly owned 855,171 shares of the company’s stock, valued at approximately $86,902,477.02. This trade represents a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 105,150 shares of company stock worth $9,900,522. Corporate insiders own 1.30% of the company’s stock.

TTM Technologies Stock Performance

TTMI opened at $87.91 on Friday. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52. The stock has a market cap of $9.09 billion, a price-to-earnings ratio of 52.02 and a beta of 1.74. TTM Technologies, Inc. has a 12-month low of $15.77 and a 12-month high of $113.46. The business has a 50 day moving average of $92.73 and a 200-day moving average of $71.16.

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

TTM Technologies 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.