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

NewEdge Advisors LLC increased its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 385.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,581 shares of the technology company’s stock after buying an additional 9,987 shares during the period. NewEdge Advisors LLC’s holdings in TTM Technologies were worth $1,226,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Invesco Ltd. raised its stake in shares of TTM Technologies by 3.5% in the fourth quarter. Invesco Ltd. now owns 4,980,091 shares of the technology company’s stock worth $343,626,000 after acquiring an additional 166,188 shares during the last quarter. Whale Rock Capital Management LLC increased its holdings in shares of TTM Technologies by 112.1% in the fourth quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock valued at $295,066,000 after purchasing an additional 2,260,035 shares in the last quarter. Polar Capital Holdings Plc acquired a new stake in shares of TTM Technologies in the third quarter valued at approximately $176,376,000. Geode Capital Management LLC raised its position in TTM Technologies by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after purchasing an additional 81,588 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in TTM Technologies by 22.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,237,627 shares of the technology company’s stock worth $154,396,000 after purchasing an additional 406,202 shares during the last quarter. Institutional investors own 95.79% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on TTMI. B. Riley Financial increased their price objective on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Wall Street Zen upgraded TTM Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Truist Financial upped their price target on TTM Technologies from $215.00 to $224.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. Finally, Stifel Nicolaus upped their target price 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. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $214.25.

TTM Technologies Stock Performance

TTMI stock opened at $140.98 on Tuesday. TTM Technologies, Inc. has a 1-year low of $39.20 and a 1-year high of $223.83. The company has a current ratio of 1.78, a quick ratio of 1.54 and a debt-to-equity ratio of 0.50. The firm has a market cap of $14.85 billion, a PE ratio of 63.50 and a beta of 2.15. The business’s 50-day moving average price is $156.88 and its two-hundred day moving average price is $135.71.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.10. The company 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 company’s revenue for the quarter was up 37.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.58 earnings per share. As a group, research analysts forecast that TTM Technologies, Inc. will post 4.26 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Shawn A. Powers sold 9,856 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total transaction of $2,067,788.80. Following the completion of the sale, the executive vice president directly owned 119,268 shares of the company’s stock, valued at approximately $25,022,426.40. This represents a 7.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel J. Weber sold 8,533 shares of the firm’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 transaction of $1,790,223.40. Following the sale, the executive vice president owned 86,088 shares in the company, valued at $18,061,262.40. This trade represents a 9.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 108,241 shares of company stock worth $20,911,975 in the last three months. 1.30% of the stock is owned by corporate insiders.

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.

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.