Pacer Advisors Inc. Buys Shares of 17,676 TTM Technologies, Inc. $TTMI

Pacer Advisors Inc. bought a new position in TTM Technologies, Inc. (NASDAQ:TTMI) in the 1st quarter, Holdings Channel.com reports. The fund bought 17,676 shares of the technology company’s stock, valued at approximately $1,722,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Parallel Advisors LLC lifted its stake in shares of TTM Technologies by 36.2% in the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after purchasing an additional 87 shares during the last quarter. Lido Advisors LLC increased its position in TTM Technologies by 1.5% during 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. Fifth Third Wealth Advisors LLC raised its holdings in TTM Technologies by 4.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock valued at $320,000 after buying an additional 142 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in TTM Technologies by 12.5% during the first quarter. EverSource Wealth Advisors LLC now owns 1,347 shares of the technology company’s stock valued at $131,000 after buying an additional 150 shares in the last quarter. Finally, Tocqueville Asset Management L.P. lifted its position 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. Institutional investors own 95.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TTMI. B. Riley Financial upped their price target on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Truist Financial upped their target price on TTM Technologies from $215.00 to $224.00 and gave the stock a “buy” rating in a research report on Thursday. Wall Street Zen upgraded TTM Technologies from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Stifel Nicolaus lifted their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $214.25.

TTM Technologies Trading Up 0.6%

TTM Technologies stock opened at $137.21 on Friday. TTM Technologies, Inc. has a 52 week low of $39.20 and a 52 week high of $223.83. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.78. The firm has a market capitalization of $14.46 billion, a PE ratio of 61.81 and a beta of 2.14. The business’s 50-day simple moving average is $161.95 and its 200-day simple moving average is $133.79.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Wednesday, August 5th. The technology company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.10. The firm had revenue of $1 billion during the quarter, compared to the consensus estimate of $962.04 million. TTM Technologies had a return on equity of 15.67% and a net margin of 7.01%.The firm’s revenue for the quarter was up 37.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 EPS. TTM Technologies has set its Q3 2026 guidance at 1.210-1.270 EPS. Equities research analysts forecast that TTM Technologies, Inc. will post 3.63 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Robert P. Farrell sold 1,304 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.92, for a total value of $272,431.68. Following the completion of the sale, the insider directly owned 16,995 shares of the company’s stock, valued at approximately $3,550,595.40. This represents a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Catherine A. Gridley sold 3,056 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $638,520.64. Following the completion of the sale, the executive vice president owned 71,866 shares in the company, valued at approximately $15,015,682.04. The trade was a 4.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 82,043 shares of company stock valued at $17,191,859 in the last ninety days. 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.