Neo Ivy Capital Management Invests $262,000 in TTM Technologies, Inc. $TTMI

Neo Ivy Capital Management acquired a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 6,420 shares of the technology company’s stock, valued at approximately $262,000.

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

Insider Activity at TTM Technologies

In related news, Director Julie Spicer England sold 3,784 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $63.34, for a total value of $239,678.56. Following the completion of the sale, the director directly owned 106,541 shares in the company, valued at $6,748,306.94. The trade was a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Steven Spoto sold 1,000 shares of TTM Technologies stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $66.95, for a total value of $66,950.00. Following the sale, the vice president directly owned 27,649 shares of the company’s stock, valued at $1,851,100.55. This represents a 3.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 41,063 shares of company stock valued at $2,237,265. Insiders own 1.30% of the company’s stock.

TTM Technologies Price Performance

Shares of NASDAQ TTMI opened at $58.79 on Friday. TTM Technologies, Inc. has a twelve month low of $15.77 and a twelve month high of $71.85. The company has a market cap of $6.07 billion, a PE ratio of 46.66 and a beta of 1.66. The business’s 50 day moving average price is $59.64 and its two-hundred day moving average price is $46.71. The company has a quick ratio of 1.72, a current ratio of 2.03 and a debt-to-equity ratio of 0.56.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. TTM Technologies had a return on equity of 13.43% and a net margin of 4.74%.The business had revenue of $752.74 million for the quarter, compared to analyst estimates of $711.91 million. During the same period in the previous year, the firm earned $0.41 EPS. The firm’s revenue was up 22.1% compared to the same quarter last year. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. On average, analysts predict that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on TTMI shares. Stifel Nicolaus upped their price target on TTM Technologies from $40.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. B. Riley reissued a “buy” rating on shares of TTM Technologies in a research report on Thursday, October 30th. Needham & Company LLC increased their price objective on shares of TTM Technologies from $77.00 to $79.00 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Finally, Wall Street Zen downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to MarketBeat.com, TTM Technologies has an average rating of “Buy” and a consensus target price of $65.50.

About TTM Technologies

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.