28,159 Shares in TTM Technologies, Inc. $TTMI Purchased by Blue Jean Financial LLC

Blue Jean Financial LLC purchased a new position in TTM Technologies, Inc. (NASDAQ:TTMI) in the 4th quarter, HoldingsChannel reports. The firm purchased 28,159 shares of the technology company’s stock, valued at approximately $1,943,000. TTM Technologies comprises approximately 1.6% of Blue Jean Financial LLC’s portfolio, making the stock its 17th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TTMI. Polar Capital Holdings Plc purchased a new position in TTM Technologies in the third quarter worth about $176,376,000. Invesco Ltd. grew its position in TTM Technologies by 127.7% in the third quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after acquiring an additional 2,699,494 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in TTM Technologies by 575.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock worth $105,490,000 after acquiring an additional 1,560,394 shares in the last quarter. Westfield Capital Management Co. LP purchased a new position in TTM Technologies in the third quarter worth about $57,271,000. Finally, JPMorgan Chase & Co. grew its position in TTM Technologies by 230.0% in the fourth quarter. JPMorgan Chase & Co. now owns 1,361,872 shares of the technology company’s stock worth $93,969,000 after acquiring an additional 949,171 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Up 3.7%

Shares of NASDAQ:TTMI opened at $194.05 on Friday. TTM Technologies, Inc. has a 1 year low of $35.01 and a 1 year high of $200.68. The business has a 50 day simple moving average of $152.57 and a two-hundred day simple moving average of $110.30. The firm has a market capitalization of $20.15 billion, a PE ratio of 104.89 and a beta of 2.09. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.09. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The business had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. During the same quarter in the previous year, the business earned $0.50 earnings per share. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, equities analysts predict that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on TTMI shares. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Needham & Company LLC reiterated a “buy” rating and issued a $208.00 price target on shares of TTM Technologies in a research report on Thursday. Finally, Truist Financial lifted their price target on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to data from MarketBeat, TTM Technologies presently has an average rating of “Buy” and a consensus price target of $209.00.

Insider Activity

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total transaction of $1,683,864.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.30% of the stock is owned by company insiders.

TTM Technologies Profile

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.