CloudAlpha Capital Management Limited Hong Kong Invests $12.73 Million in TTM Technologies, Inc. $TTMI

CloudAlpha Capital Management Limited Hong Kong acquired a new position in TTM Technologies, Inc. (NASDAQ:TTMI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 184,548 shares of the technology company’s stock, valued at approximately $12,734,000. TTM Technologies comprises about 0.6% of CloudAlpha Capital Management Limited Hong Kong’s holdings, making the stock its 22nd biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Optiver Holding B.V. boosted its stake in shares of TTM Technologies by 66.4% during the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after acquiring an additional 170 shares during the last quarter. Bessemer Group Inc. lifted its position in TTM Technologies by 448.8% during the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after purchasing an additional 377 shares in the last quarter. Rakuten Securities Inc. bought a new stake in TTM Technologies during the fourth quarter valued at about $32,000. Wolff Wiese Magana LLC bought a new stake in TTM Technologies during the fourth quarter valued at about $34,000. Finally, Danske Bank A S purchased a new stake in TTM Technologies in the fourth quarter worth about $34,000. 95.79% of the stock is currently owned by institutional investors.

TTM Technologies Stock Up 1.6%

NASDAQ TTMI opened at $161.41 on Wednesday. The stock’s 50 day moving average is $121.89 and its 200 day moving average is $95.91. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. TTM Technologies, Inc. has a 12 month low of $28.12 and a 12 month high of $180.00. The stock has a market cap of $16.76 billion, a PE ratio of 87.25 and a beta of 2.11.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The business had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company’s revenue was up 30.4% on a year-over-year basis. During the same period last year, the firm posted $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Research analysts predict that TTM Technologies, Inc. will post 3.17 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on TTMI. Stifel Nicolaus raised their price objective on TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Truist Financial raised their target price on shares of TTM Technologies from $115.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Needham & Company LLC upped their price target on shares of TTM Technologies from $125.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $149.50.

Insiders Place Their Bets

In other TTM Technologies news, EVP Catherine A. Gridley sold 20,000 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $105.94, for a total value of $2,118,800.00. Following the sale, the executive vice president owned 78,645 shares in the company, valued at $8,331,651.30. The trade was a 20.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas T. Edman sold 16,800 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 53,600 shares of company stock valued at $5,509,880. 1.30% of the stock is owned by company insiders.

About TTM Technologies

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.