Entropy Technologies LP Makes New Investment in TTM Technologies, Inc. $TTMI

Entropy Technologies LP purchased a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 12,480 shares of the technology company’s stock, valued at approximately $1,216,000.

A number of other hedge funds have also bought and sold shares of TTMI. Kestra Advisory Services LLC bought a new position in shares of TTM Technologies during the fourth quarter worth approximately $30,000. Truvestments Capital LLC acquired a new stake in shares of TTM Technologies in the 4th quarter valued at $30,000. Rakuten Securities Inc. bought a new position in shares of TTM Technologies in the 4th quarter valued at $32,000. Parallel Advisors LLC raised its stake in TTM Technologies by 36.2% during the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after acquiring an additional 87 shares in the last quarter. Finally, Danske Bank A S acquired a new position in TTM Technologies during the 4th quarter worth approximately $34,000. 95.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

TTMI has been the subject of a number of research reports. Needham & Company LLC raised their price objective on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Wall Street Zen cut shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Weiss Ratings downgraded TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, July 20th. Truist Financial boosted their price target on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, B. Riley Financial raised their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $212.00.

Insider Transactions at TTM Technologies

In other news, EVP Daniel J. Weber sold 8,533 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total value of $1,790,223.40. Following the sale, the executive vice president owned 86,088 shares of the company’s stock, valued at $18,061,262.40. The trade was a 9.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Dale Martin Knecht sold 6,754 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $209.79, for a total transaction of $1,416,921.66. Following the sale, the senior vice president owned 68,350 shares in the company, valued at $14,339,146.50. The trade was a 8.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 82,043 shares of company stock valued at $17,191,859. 1.30% of the stock is currently owned by insiders.

TTM Technologies Stock Down 5.9%

TTMI stock opened at $123.71 on Tuesday. The stock has a fifty day moving average of $172.63 and a 200-day moving average of $131.78. TTM Technologies, Inc. has a fifty-two week low of $39.20 and a fifty-two week high of $223.83. The company has a market capitalization of $12.85 billion, a price-to-earnings ratio of 66.87 and a beta of 2.10. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88.

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 for the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, equities research analysts predict that TTM Technologies, Inc. will post 3.66 earnings per share for the current year.

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.