Neumeier Poma Investment Counsel LLC acquired a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 632,625 shares of the technology company’s stock, valued at approximately $25,824,000. TTM Technologies accounts for 2.4% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 21st largest holding. Neumeier Poma Investment Counsel LLC owned approximately 0.61% of TTM Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently made changes to their positions in TTMI. Concord Wealth Partners bought a new stake in TTM Technologies in the 2nd quarter valued at about $47,000. Quarry LP increased its holdings in shares of 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 in the last quarter. GAMMA Investing LLC raised 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 during the period. CWM LLC lifted its holdings in shares of TTM Technologies by 14.4% in 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. Finally, Vanguard Personalized Indexing Management LLC bought a new position in shares of TTM Technologies in the 2nd quarter worth $229,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other TTM Technologies news, VP Steven Spoto sold 1,000 shares of the business’s 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 transaction, the vice president owned 27,649 shares of the company’s stock, valued at approximately $1,851,100.55. The trade was a 3.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert P. Farrell sold 643 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $66.98, for a total value of $43,068.14. Following the completion of the transaction, the insider owned 19,406 shares of the company’s stock, valued at $1,299,813.88. This trade represents a 3.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 37,279 shares of company stock valued at $1,997,587. 1.30% of the stock is owned by insiders.
TTM Technologies Stock Down 1.6%
TTM Technologies (NASDAQ:TTMI – Get Free Report) last posted 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 firm 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 posted $0.41 EPS. The company’s revenue for the quarter was up 22.1% on a year-over-year basis. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Research analysts expect that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
TTMI has been the topic of several research reports. Needham & Company LLC upped their price objective on shares of TTM Technologies from $77.00 to $79.00 and gave the stock a “buy” rating in a report on Wednesday, November 12th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Wall Street Zen cut shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Finally, Stifel Nicolaus boosted their price objective on TTM Technologies from $40.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. 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. Based on data from MarketBeat.com, TTM Technologies has a consensus rating of “Buy” and an average target price of $65.50.
Get Our Latest Analysis on TTMI
TTM Technologies Company 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.
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