Spire Wealth Management Invests $527,000 in TTM Technologies, Inc. $TTMI

Spire Wealth Management purchased a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,635 shares of the technology company’s stock, valued at approximately $527,000.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. raised its stake in TTM Technologies by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 13,156,053 shares of the technology company’s stock worth $757,789,000 after purchasing an additional 60,002 shares in the last quarter. Invesco Ltd. boosted its holdings in TTM Technologies by 127.7% in the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock valued at $277,281,000 after purchasing an additional 2,699,494 shares during the period. Polar Capital Holdings Plc acquired a new position in shares of TTM Technologies during the 3rd quarter worth approximately $176,376,000. Arrowstreet Capital Limited Partnership grew its position 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 worth $105,490,000 after purchasing an additional 1,560,394 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of TTM Technologies by 7.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock worth $34,989,000 after purchasing an additional 115,766 shares during the period. 95.79% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Catherine A. Gridley sold 20,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the completion of the transaction, the executive vice president owned 78,645 shares of the company’s stock, valued at approximately $8,331,651.30. The trade was a 20.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Daniel J. Weber sold 12,000 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $93.88, for a total value of $1,126,560.00. Following the sale, the executive vice president owned 94,621 shares of the company’s stock, valued at approximately $8,883,019.48. This represents a 11.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 105,150 shares of company stock worth $9,900,522 over the last three months. Insiders own 1.30% of the company’s stock.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $97.08 on Thursday. The firm has a 50 day moving average of $98.14 and a 200-day moving average of $77.81. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $113.46. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $10.08 billion, a PE ratio of 57.44 and a beta of 1.76.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.02. The business had revenue of $763.53 million for the quarter, compared to analyst estimates of $752.96 million. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The firm’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter last year, the business posted $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. On average, equities research analysts predict that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TTMI shares. Stifel Nicolaus set a $108.00 price target on shares of TTM Technologies in a research report on Thursday, February 5th. Needham & Company LLC increased their price target on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Truist Financial set a $113.00 price objective on TTM Technologies in a research note on Wednesday, January 14th. B. Riley Financial lifted their price objective on TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Finally, Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $117.25.

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.