TTM Technologies, Inc. $TTMI Shares Sold by Himension Capital Singapore PTE. LTD.

Himension Capital Singapore PTE. LTD. cut its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 56.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 6,052 shares of the technology company’s stock after selling 7,991 shares during the quarter. Himension Capital Singapore PTE. LTD.’s holdings in TTM Technologies were worth $590,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mitsubishi UFJ Trust & Banking Corp acquired a new position in TTM Technologies in the 4th quarter worth about $668,000. Geode Capital Management LLC grew its holdings in TTM Technologies by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock valued at $184,119,000 after purchasing an additional 81,588 shares during the period. Royce & Associates LP increased its position in shares of TTM Technologies by 103.5% in the fourth quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock valued at $18,564,000 after buying an additional 136,845 shares in the last quarter. Wealth High Governance Capital Ltda increased its position in shares of TTM Technologies by 408.6% in the fourth quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock valued at $12,632,000 after buying an additional 147,079 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. acquired a new position in shares of TTM Technologies during the 4th quarter worth approximately $2,767,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on TTMI shares. Zacks Research lowered TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Stifel Nicolaus boosted their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC upped their price objective on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Truist Financial increased their price objective on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, B. Riley Financial lifted their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $212.00.

Insider Transactions at TTM Technologies

In other TTM Technologies news, EVP Douglas L. Soder sold 8,902 shares of TTM Technologies stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $209.79, for a total transaction of $1,867,550.58. Following the sale, the executive vice president owned 208,245 shares of the company’s stock, valued at $43,687,718.55. The trade was a 4.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Dale Martin Knecht sold 6,754 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $209.79, for a total transaction of $1,416,921.66. Following the sale, the senior vice president directly owned 68,350 shares of the company’s stock, valued at $14,339,146.50. The trade was a 8.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 82,043 shares of company stock worth $17,191,859 in the last quarter. 1.30% of the stock is owned by insiders.

TTM Technologies Price Performance

NASDAQ:TTMI opened at $146.85 on Wednesday. The stock has a 50 day moving average of $175.08 and a two-hundred day moving average of $129.90. TTM Technologies, Inc. has a 12 month low of $39.20 and a 12 month high of $223.83. The firm has a market cap of $15.25 billion, a P/E ratio of 79.38 and a beta of 2.10. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last released its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.09. The business had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The business’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, analysts expect that TTM Technologies, Inc. will post 3.66 earnings per share for the current fiscal year.

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.