TTM Technologies, Inc. $TTMI Holdings Decreased by Inspire Investing LLC

Inspire Investing LLC decreased its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 36.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,471 shares of the technology company’s stock after selling 18,409 shares during the quarter. Inspire Investing LLC’s holdings in TTM Technologies were worth $1,325,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Focus Partners Wealth grew its stake in TTM Technologies by 1.1% in the first quarter. Focus Partners Wealth now owns 31,944 shares of the technology company’s stock valued at $655,000 after purchasing an additional 343 shares in the last quarter. KLP Kapitalforvaltning AS grew its stake in TTM Technologies by 2.4% in the second quarter. KLP Kapitalforvaltning AS now owns 21,200 shares of the technology company’s stock valued at $865,000 after purchasing an additional 500 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in TTM Technologies by 4.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,949 shares of the technology company’s stock valued at $345,000 after purchasing an additional 555 shares in the last quarter. CWM LLC grew its stake in TTM Technologies by 14.4% in the first quarter. CWM LLC now owns 4,501 shares of the technology company’s stock valued at $92,000 after purchasing an additional 567 shares in the last quarter. Finally, New York State Teachers Retirement System grew its stake in TTM Technologies by 0.5% in the first quarter. New York State Teachers Retirement System now owns 110,577 shares of the technology company’s stock valued at $2,268,000 after purchasing an additional 567 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

TTM Technologies Price Performance

NASDAQ TTMI opened at $53.58 on Friday. TTM Technologies, Inc. has a twelve month low of $15.77 and a twelve month high of $62.60. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.72 and a current ratio of 2.03. The stock has a market capitalization of $5.54 billion, a PE ratio of 59.53 and a beta of 1.63. The stock has a 50-day simple moving average of $49.03 and a 200 day simple moving average of $37.69.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.06. TTM Technologies had a return on equity of 11.80% and a net margin of 3.52%.The business had revenue of $730.62 million during the quarter, compared to analysts’ expectations of $668.42 million. During the same quarter in the previous year, the firm earned $0.39 EPS. The firm’s revenue was up 20.7% compared to the same quarter last year. TTM Technologies has set its Q3 2025 guidance at 0.570-0.630 EPS. Research analysts anticipate that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Needham & Company LLC boosted their target price on TTM Technologies from $56.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, September 23rd. Wall Street Zen upgraded TTM Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Weiss Ratings downgraded TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Finally, Truist Financial upped their price target on TTM Technologies from $41.00 to $48.00 and gave the stock a “buy” rating in a research note on Monday, July 7th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $54.50.

Insider Buying and Selling at TTM Technologies

In related news, EVP Catherine A. Gridley sold 25,000 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $40.46, for a total transaction of $1,011,500.00. Following the completion of the transaction, the executive vice president owned 101,986 shares of the company’s stock, valued at approximately $4,126,353.56. The trade was a 19.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Tom Clapprood sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $44.68, for a total value of $670,200.00. Following the transaction, the insider directly owned 23,531 shares of the company’s stock, valued at $1,051,365.08. This represents a 38.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 66,477 shares of company stock worth $2,867,405 in the last ninety days. 1.30% of the stock is owned by insiders.

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.