Police & Firemen s Retirement System of New Jersey Purchases 1,316 Shares of TTM Technologies, Inc. $TTMI

Police & Firemen s Retirement System of New Jersey lifted its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 6.0% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,211 shares of the technology company’s stock after buying an additional 1,316 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in TTM Technologies were worth $947,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Quarry LP raised its holdings in TTM Technologies by 249.9% during the first quarter. Quarry LP now owns 2,110 shares of the technology company’s stock valued at $43,000 after acquiring an additional 1,507 shares during the period. Concord Wealth Partners bought a new position in shares of TTM Technologies in the second quarter worth about $47,000. CWM LLC grew its position in shares of TTM Technologies by 14.4% during the first 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 grew its position in shares of TTM Technologies by 30.6% during the second quarter. GAMMA Investing LLC now owns 3,244 shares of the technology company’s stock worth $132,000 after purchasing an additional 760 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in 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 purchasing an additional 5,064 shares during the period. Institutional investors own 95.79% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on TTMI. Wall Street Zen downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. B. Riley reissued a “buy” rating on shares of TTM Technologies in a report on Thursday, October 30th. Needham & Company LLC upped their target price on shares of TTM Technologies from $77.00 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Stifel Nicolaus lifted their price target 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. Finally, Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. 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. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $65.50.

Insider Transactions at TTM Technologies

In other news, Director John G. Mayer sold 9,167 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $68.13, for a total value of $624,547.71. Following the completion of the sale, the director directly owned 165,140 shares of the company’s stock, valued at $11,250,988.20. This trade represents a 5.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Steven Spoto sold 1,000 shares of TTM Technologies stock in a transaction that occurred 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 completion of the transaction, the vice president owned 27,649 shares of the company’s stock, valued at approximately $1,851,100.55. This trade represents a 3.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 41,063 shares of company stock worth $2,237,265 in the last quarter. Company insiders own 1.30% of the company’s stock.

TTM Technologies Trading Up 0.6%

TTMI stock opened at $58.79 on Friday. The firm has a fifty day moving average price of $59.64 and a 200 day moving average price of $46.71. TTM Technologies, Inc. has a fifty-two week low of $15.77 and a fifty-two week high of $71.85. The firm has a market cap of $6.07 billion, a PE ratio of 46.66 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 (NASDAQ:TTMI) last released its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. TTM Technologies had a net margin of 4.74% and a return on equity of 13.43%. The business had revenue of $752.74 million during the quarter, compared to analyst estimates of $711.91 million. During the same quarter last year, the business earned $0.41 earnings per share. TTM Technologies’s quarterly 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. Sell-side analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

TTM Technologies Profile

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.