TTM Technologies, Inc. $TTMI Shares Sold by KBC Group NV

KBC Group NV decreased its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 37.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,910 shares of the technology company’s stock after selling 1,725 shares during the quarter. KBC Group NV’s holdings in TTM Technologies were worth $119,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Quarry LP boosted its position in 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 acquiring an additional 1,507 shares during the last quarter. Concord Wealth Partners purchased a new position in shares of TTM Technologies during the 2nd quarter worth $47,000. CWM LLC boosted its holdings 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 during the last quarter. GAMMA Investing LLC grew its position 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 during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of TTM Technologies by 227.0% in the first 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. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Julie Spicer England sold 3,784 shares of the stock in a transaction dated 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 owned 106,541 shares in the company, valued at approximately $6,748,306.94. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Steven Spoto sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $66.95, for a total value of $66,950.00. Following the sale, the vice president owned 27,649 shares in the company, valued at approximately $1,851,100.55. The trade was a 3.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 41,063 shares of company stock valued at $2,237,265. 1.30% of the stock is owned by insiders.

TTM Technologies Stock Performance

Shares of TTMI stock opened at $58.79 on Friday. The company has a current ratio of 2.03, a quick ratio of 1.72 and a debt-to-equity ratio of 0.56. The company has a market cap of $6.07 billion, a PE ratio of 46.66 and a beta of 1.66. The company’s fifty day simple moving average is $59.64 and its 200-day simple moving average is $46.56. TTM Technologies, Inc. has a 52 week low of $15.77 and a 52 week high of $71.85.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly 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 net margin of 4.74% and a return on equity of 13.43%. The firm had revenue of $752.74 million during the quarter, compared to analysts’ expectations of $711.91 million. During the same period in the prior year, the company earned $0.41 EPS. The firm’s revenue was up 22.1% on a year-over-year basis. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. As a group, equities research analysts anticipate that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TTMI shares. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Stifel Nicolaus upped their price target on shares of TTM Technologies from $40.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Wall Street Zen lowered shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 19th. Needham & Company LLC boosted their price objective on shares of TTM Technologies from $77.00 to $79.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Finally, Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, TTM Technologies currently has an average rating of “Buy” and a consensus target price of $65.50.

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.