TTM Technologies, Inc. $TTMI Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 5.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,062,271 shares of the technology company’s stock after selling 380,794 shares during the period. Dimensional Fund Advisors LP owned about 0.07% of TTM Technologies worth $144,847,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Northern Trust Corp raised its position in TTM Technologies by 7.8% in the fourth quarter. Northern Trust Corp now owns 1,159,576 shares of the technology company’s stock valued at $28,700,000 after purchasing an additional 84,137 shares during the period. Principal Financial Group Inc. grew its stake in shares of TTM Technologies by 2.7% in the first quarter. Principal Financial Group Inc. now owns 507,745 shares of the technology company’s stock valued at $10,414,000 after buying an additional 13,299 shares in the last quarter. New York State Teachers Retirement System grew its stake in shares of TTM Technologies by 0.5% in the first quarter. New York State Teachers Retirement System now owns 110,577 shares of the technology company’s stock valued at $2,268,000 after buying an additional 567 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of TTM Technologies by 2,396.2% during the 1st quarter. GAMMA Investing LLC now owns 50,947 shares of the technology company’s stock valued at $1,045,000 after buying an additional 48,906 shares during the period. Finally, Emerald Advisers LLC lifted its position in TTM Technologies by 34.3% during the 1st quarter. Emerald Advisers LLC now owns 1,439,931 shares of the technology company’s stock worth $29,533,000 after acquiring an additional 367,798 shares in the last quarter. 95.79% of the stock is owned by hedge funds and other institutional investors.

TTM Technologies Trading Down 1.1%

TTMI opened at $40.06 on Thursday. TTM Technologies, Inc. has a 12-month low of $15.77 and a 12-month high of $51.15. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.03 and a quick ratio of 1.72. The stock has a market capitalization of $4.14 billion, a PE ratio of 44.51 and a beta of 1.48. The firm’s fifty day moving average price is $42.64 and its 200 day moving average price is $30.70.

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

TTM Technologies announced that its board has authorized a stock repurchase plan on Friday, May 9th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the technology company to reacquire up to 3.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Insider Transactions at TTM Technologies

In other news, SVP Dale Martin Knecht sold 7,487 shares of TTM Technologies stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $39.01, for a total value of $292,067.87. Following the completion of the transaction, the senior vice president owned 59,947 shares in the company, valued at approximately $2,338,532.47. This trade represents a 11.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Wajid Ali purchased 5,000 shares of the stock in a transaction dated Monday, August 18th. The stock was purchased at an average price of $41.75 per share, with a total value of $208,750.00. Following the completion of the acquisition, the director directly owned 19,024 shares in the company, valued at approximately $794,252. The trade was a 35.65% increase in their position. The disclosure for this purchase can be found here. Insiders sold 96,568 shares of company stock valued at $3,708,900 over the last 90 days. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TTMI. Wall Street Zen raised shares of TTM Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Stifel Nicolaus upped their target price on shares of TTM Technologies from $40.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $56.00 price target on shares of TTM Technologies in a report on Friday, August 15th. B. Riley boosted their price objective on shares of TTM Technologies from $36.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, July 17th. Finally, Truist Financial upped their price objective on shares of TTM Technologies from $41.00 to $48.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $52.25.

TTM Technologies Company Profile

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.