Sigma Planning Corp Makes New Investment in TTM Technologies, Inc. $TTMI

Sigma Planning Corp acquired a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 5,496 shares of the technology company’s stock, valued at approximately $379,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TTMI. Polar Capital Holdings Plc purchased a new position in shares of TTM Technologies during the 3rd quarter valued at $176,376,000. Invesco Ltd. grew its holdings in shares of TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock valued at $277,281,000 after acquiring an additional 2,699,494 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of TTM Technologies by 575.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock valued at $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 shares of TTM Technologies during the 3rd quarter valued at $57,271,000. Finally, FengHe Fund Management Pte. Ltd. purchased a new position in shares of TTM Technologies during the 3rd quarter valued at $54,148,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

TTM Technologies Stock Down 6.6%

TTMI stock opened at $153.77 on Friday. 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 1 year low of $25.67 and a 1 year high of $180.00. The company has a fifty day simple moving average of $112.24 and a 200 day simple moving average of $89.97. The firm has a market cap of $15.97 billion, a PE ratio of 83.12 and a beta of 2.11.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings results 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. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same period in the prior year, the company earned $0.50 earnings per share. The business’s quarterly revenue 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. Sell-side analysts anticipate that TTM Technologies, Inc. will post 3.17 EPS for the current fiscal year.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the company’s 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the sale, the executive vice president owned 78,645 shares of the company’s stock, valued at $8,331,651.30. This trade represents a 20.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 88,350 shares of company stock worth $8,797,770 over the last ninety days. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on TTMI shares. B. Riley Financial restated a “buy” rating on shares of TTM Technologies in a report on Friday, April 24th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Truist Financial lifted their price objective on shares of TTM Technologies from $115.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Needham & Company LLC lifted their price objective on shares of TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Stifel Nicolaus lifted their price objective on shares of TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $149.50.

TTM Technologies Company 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.