TTM Technologies, Inc. $TTMI Stock Position Cut by Neumeier Poma Investment Counsel LLC

Neumeier Poma Investment Counsel LLC cut its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 14.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 637,790 shares of the technology company’s stock after selling 111,335 shares during the period. TTM Technologies accounts for 3.6% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 8th biggest position. Neumeier Poma Investment Counsel LLC owned about 0.62% of TTM Technologies worth $44,008,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in TTMI. Optiver Holding B.V. boosted its holdings in TTM Technologies by 66.4% during 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 in the last quarter. Bessemer Group Inc. boosted its holdings in TTM Technologies by 448.8% during 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 in the last quarter. Rakuten Securities Inc. purchased a new stake in TTM Technologies during the fourth quarter worth $32,000. Wolff Wiese Magana LLC purchased a new stake in TTM Technologies during the fourth quarter worth $34,000. Finally, Danske Bank A S purchased a new stake in TTM Technologies during the fourth quarter worth $34,000. 95.79% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at TTM Technologies

In related news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TTMI. Stifel Nicolaus upped their price objective on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Truist Financial upped their price objective on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Finally, B. Riley Financial upped their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $209.00.

TTM Technologies Price Performance

Shares of NASDAQ TTMI opened at $184.84 on Friday. The firm has a 50-day simple moving average of $142.75 and a 200-day simple moving average of $105.70. The stock has a market capitalization of $19.20 billion, a price-to-earnings ratio of 99.91 and a beta of 2.09. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. TTM Technologies, Inc. has a 52 week low of $31.83 and a 52 week high of $200.68.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The firm had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same period last year, the business earned $0.50 earnings per share. TTM Technologies’s 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. On average, equities analysts predict that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal 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.