TTM Technologies, Inc. $TTMI Shares Sold by AlphaQuest LLC

AlphaQuest LLC decreased its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 36.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,468 shares of the technology company’s stock after selling 8,192 shares during the quarter. AlphaQuest LLC’s holdings in TTM Technologies were worth $591,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Valliance Asset Management Ltd acquired a new stake in shares of TTM Technologies during the second quarter worth about $2,815,000. Allianz Asset Management GmbH lifted its holdings in shares of TTM Technologies by 8.3% during the second quarter. Allianz Asset Management GmbH now owns 137,614 shares of the technology company’s stock worth $5,617,000 after purchasing an additional 10,514 shares during the period. New York State Teachers Retirement System lifted its holdings in shares of TTM Technologies by 7.9% during the second quarter. New York State Teachers Retirement System now owns 119,350 shares of the technology company’s stock worth $4,872,000 after purchasing an additional 8,773 shares during the period. Concord Wealth Partners acquired a new stake in shares of TTM Technologies during the second quarter worth about $47,000. Finally, Yousif Capital Management LLC lifted its holdings in shares of TTM Technologies by 1.0% during the second quarter. Yousif Capital Management LLC now owns 38,027 shares of the technology company’s stock worth $1,552,000 after purchasing an additional 374 shares during the period. Institutional investors and hedge funds own 95.79% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on TTMI shares. Zacks Research cut TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Truist Financial lifted their price target on TTM Technologies from $41.00 to $48.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Wall Street Zen cut TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. B. Riley reiterated a “buy” rating on shares of TTM Technologies in a research report on Friday, October 10th. Finally, Needham & Company LLC lifted their price target on TTM Technologies from $56.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, September 23rd. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $54.50.

TTM Technologies Stock Up 0.3%

TTM Technologies stock opened at $58.90 on Tuesday. The stock has a market capitalization of $6.09 billion, a PE ratio of 65.44 and a beta of 1.63. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $62.60. The business has a 50 day simple moving average of $51.99 and a 200-day simple moving average of $40.73. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.03 and a quick ratio of 1.72.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, July 30th. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.06. The firm had revenue of $730.62 million for the quarter, compared to analyst estimates of $668.42 million. TTM Technologies had a return on equity of 11.80% and a net margin of 3.52%.The business’s revenue was up 20.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.39 earnings per share. TTM Technologies has set its Q3 2025 guidance at 0.570-0.630 EPS. On average, analysts anticipate that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Insider Transactions at TTM Technologies

In other news, insider Tom Clapprood sold 15,000 shares of TTM Technologies stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $44.68, for a total value of $670,200.00. Following the sale, the insider directly owned 23,531 shares of the company’s stock, valued at $1,051,365.08. The trade was a 38.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Catherine A. Gridley sold 20,000 shares of the business’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $44.31, for a total value of $886,200.00. Following the transaction, the executive vice president directly owned 81,986 shares in the company, valued at $3,632,799.66. This trade represents a 19.61% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 66,477 shares of company stock valued at $2,867,405. Insiders own 1.30% of the company’s stock.

About TTM Technologies

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.