Lisanti Capital Growth LLC Acquires New Position in TTM Technologies, Inc. $TTMI

Lisanti Capital Growth LLC bought a new position in TTM Technologies, Inc. (NASDAQ:TTMIFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 38,035 shares of the technology company’s stock, valued at approximately $1,553,000.

Several other institutional investors also recently bought and sold shares of TTMI. Quarry LP boosted its holdings in shares of TTM Technologies by 249.9% during the first quarter. Quarry LP now owns 2,110 shares of the technology company’s stock worth $43,000 after purchasing an additional 1,507 shares during the last quarter. Concord Wealth Partners acquired a new stake in TTM Technologies in the 2nd quarter worth about $47,000. CWM LLC grew its holdings in TTM Technologies by 14.4% in the 1st quarter. CWM LLC now owns 4,501 shares of the technology company’s stock valued at $92,000 after buying an additional 567 shares during the period. GAMMA Investing LLC grew its holdings in TTM Technologies by 30.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,244 shares of the technology company’s stock valued at $132,000 after buying an additional 760 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of TTM Technologies by 227.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,295 shares of the technology company’s stock valued at $150,000 after acquiring an additional 5,064 shares during the last quarter. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TTMI has been the subject of a number of recent analyst reports. Stifel Nicolaus boosted their target price on shares of TTM Technologies from $40.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Needham & Company LLC lifted their target price on TTM Technologies from $65.00 to $77.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Wall Street Zen downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. Finally, Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $65.00.

View Our Latest Stock Analysis on TTMI

Insider Activity

In other TTM Technologies news, Director Wajid Ali bought 5,000 shares of the stock in a transaction dated Monday, August 18th. The stock was bought at an average cost of $41.75 per share, for a total transaction of $208,750.00. Following the completion of the purchase, the director directly owned 19,024 shares of the company’s stock, valued at approximately $794,252. The trade was a 35.65% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Steven Spoto sold 3,484 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $46.58, for a total value of $162,284.72. Following the completion of the transaction, the insider owned 28,649 shares in the company, valued at approximately $1,334,470.42. This trade represents a 10.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 55,953 shares of company stock valued at $2,503,755. Corporate insiders own 1.30% of the company’s stock.

TTM Technologies Stock Performance

Shares of NASDAQ:TTMI opened at $66.72 on Friday. The business’s 50-day simple moving average is $56.04 and its 200 day simple moving average is $43.71. The company has a market cap of $6.89 billion, a P/E ratio of 52.95 and a beta of 1.66. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.72 and a current ratio of 2.03. TTM Technologies, Inc. has a one year low of $15.77 and a one year high of $71.17.

TTM Technologies (NASDAQ:TTMIGet Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. The company had revenue of $752.74 million during the quarter, compared to the consensus estimate of $711.91 million. TTM Technologies had a net margin of 4.74% and a return on equity of 13.43%. TTM Technologies’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter last year, the company earned $0.41 earnings per share. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. On average, sell-side analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

TTM Technologies Profile

(Free Report)

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.

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Institutional Ownership by Quarter for TTM Technologies (NASDAQ:TTMI)

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