Hel Ved Capital Management Ltd bought a new stake in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 34,500 shares of the technology company’s stock, valued at approximately $2,380,000.
A number of other institutional investors have also recently bought and sold shares of the stock. Lido Advisors LLC increased its stake in shares of TTM Technologies by 1.5% in the fourth quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after buying an additional 116 shares during the last quarter. Tocqueville Asset Management L.P. increased its stake in shares of TTM Technologies by 0.8% in the fourth quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock worth $1,301,000 after buying an additional 158 shares during the last quarter. Larson Financial Group LLC increased its stake in shares of TTM Technologies by 4.4% in the third quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock worth $229,000 after buying an additional 167 shares during the last quarter. Optiver Holding B.V. increased its stake 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. Finally, Choreo LLC increased its stake in shares of TTM Technologies by 1.4% in the third quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock worth $818,000 after buying an additional 191 shares during the last quarter. 95.79% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages recently issued reports on TTMI. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. B. Riley Financial boosted their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Needham & Company LLC reiterated a “buy” rating and set a $208.00 target price on shares of TTM Technologies in a research note on Thursday. Finally, Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and a consensus price target of $209.00.
TTM Technologies Stock Up 3.7%
TTMI stock opened at $194.05 on Friday. The firm has a fifty day moving average price of $152.57 and a two-hundred day moving average price of $110.30. The firm has a market cap of $20.15 billion, a price-to-earnings ratio of 104.89 and a beta of 2.09. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. TTM Technologies, Inc. has a 1-year low of $35.01 and a 1-year high of $200.68.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. The business had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the firm 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 EPS for the current year.
Insider Activity at TTM Technologies
In other news, Director Thomas T. Edman sold 16,800 shares of the company’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 document filed with the Securities & Exchange Commission, which is available at this link. Corporate 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.
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