Bouvel Investment Partners LLC Buys 5,102 Shares of TTM Technologies, Inc. $TTMI

Bouvel Investment Partners LLC boosted its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 20.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 30,226 shares of the technology company’s stock after purchasing an additional 5,102 shares during the period. Bouvel Investment Partners LLC’s holdings in TTM Technologies were worth $3,713,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Harbor Investment Advisory LLC bought a new position in TTM Technologies during the second quarter valued at about $29,000. GoalVest Advisory LLC raised its position in shares of TTM Technologies by 456.7% in the second quarter. GoalVest Advisory LLC now owns 167 shares of the technology company’s stock valued at $31,000 after purchasing an additional 137 shares during the period. Parallel Advisors LLC lifted its stake in shares of TTM Technologies by 36.2% during the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after buying an additional 87 shares in the last quarter. Signature Equity Partners LLC purchased a new position in TTM Technologies in the 1st quarter valued at approximately $40,000. Finally, Manning & Napier Advisors LLC purchased a new position in shares of TTM Technologies in the second quarter valued at $47,000. 95.79% of the stock is owned by institutional investors.

TTM Technologies Stock Performance

NASDAQ:TTMI traded up $5.77 during trading hours on Tuesday, reaching $116.10. The company had a trading volume of 3,734,377 shares, compared to its average volume of 2,544,566. The firm has a market cap of $12.23 billion, a price-to-earnings ratio of 52.30 and a beta of 2.14. TTM Technologies, Inc. has a 52 week low of $53.36 and a 52 week high of $223.83. The company has a current ratio of 1.78, a quick ratio of 1.54 and a debt-to-equity ratio of 0.50. The firm’s 50 day moving average price is $124.07 and its 200-day moving average price is $142.08.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Thursday, August 6th. The technology company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.10. The business had revenue of $1 billion for the quarter, compared to analysts’ expectations of $962.04 million. TTM Technologies had a return on equity of 15.67% and a net margin of 7.01%. The business’s revenue for the quarter was up 37.4% on a year-over-year basis. During the same period last year, the firm posted $0.58 earnings per share. On average, analysts forecast that TTM Technologies, Inc. will post 4.26 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Weiss Ratings downgraded shares of TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 25th. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Needham & Company LLC reduced their price objective on TTM Technologies from $220.00 to $175.00 and set a “buy” rating on the stock in a research note on Monday, September 21st. Truist Financial lifted their price objective on TTM Technologies from $224.00 to $231.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Wall Street Zen lowered shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 30th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $204.75.

Key Stories Impacting TTM Technologies

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: TTM announced a $400 million investment across four facilities in China and its Penang, Malaysia plant to expand production of advanced interconnect products used in AI infrastructure. The brownfield strategy—upgrading existing facilities rather than building new ones—could bring capacity online faster and help the company serve hyperscalers, data-center operators and networking customers. TTM Technologies Boosts AI-Focused Manufacturing Capacity Investments
• Positive Sentiment: The company’s long-term growth case remains supported by a reported $1.7 billion defense backlog and a pipeline exceeding $7 billion. Rising defense demand, advanced-manufacturing investments and AI data-center growth could provide multiple sources of future revenue. TTMI’s Defense Pipeline Strengthens
• Neutral Sentiment: TTM is adding the spending to an earlier commitment to invest $1.2 billion from 2025 through 2029, signaling strong customer demand but also a significantly larger investment program. Management expects to provide more details with its third-quarter 2026 earnings update. TTM Technologies Announces $400 Million in Planned Strategic Investments
• Negative Sentiment: Investors appear concerned that the rapid expansion could pressure free cash flow and returns before the additional capacity generates revenue. The concentration of new investment in China and Malaysia adds geopolitical, supply-chain and execution risks, while TTM also depends on a relatively small number of major customers. TTM Technologies Is Down After Accelerating AI-Focused Capacity Expansion
• Negative Sentiment: The market reaction reflects a “show-me” stance toward the AI buildout: stronger future demand is encouraging, but investors want evidence that the spending will translate into profitable growth without cost overruns or delays. TTM Technologies Slips on a New AI Spending Plan

Insider Activity

In other TTM Technologies news, SVP Dale Knecht sold 26,198 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $142.00, for a total transaction of $3,720,116.00. Following the completion of the transaction, the senior vice president owned 40,138 shares of the company’s stock, valued at $5,699,596. This represents a 39.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Edwin Roks purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was acquired at an average cost of $111.77 per share, with a total value of $1,117,700.00. Following the acquisition, the chief executive officer owned 64,814 shares in the company, valued at $7,244,260.78. The trade was a 18.24% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.30% of the stock is owned by insiders.

TTM Technologies Profile

TTM Technologies, Inc is a manufacturer of technology solutions for the electronics industry. The company primarily produces printed circuit boards, including rigid, flexible, rigid-flex and high-density interconnect boards, as well as specialized radio-frequency and microwave components and assemblies.

TTM’s products and services support applications that require complex electronic circuitry and high reliability. Its customers operate in markets such as aerospace and defense, data-center computing, automotive, medical, industrial and instrumentation, and networking and communications.