Voya Investment Management LLC Buys 25,712 Shares of TTM Technologies, Inc. $TTMI

Voya Investment Management LLC raised its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 92.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,457 shares of the technology company’s stock after acquiring an additional 25,712 shares during the quarter. Voya Investment Management LLC’s holdings in TTM Technologies were worth $3,079,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of TTMI. JPMorgan Chase & Co. lifted its holdings in TTM Technologies by 9.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 652,034 shares of the technology company’s stock worth $26,616,000 after purchasing an additional 57,606 shares during the last quarter. Jump Financial LLC grew its holdings in TTM Technologies by 419.1% in the 1st quarter. Jump Financial LLC now owns 73,336 shares of the technology company’s stock valued at $1,504,000 after buying an additional 59,209 shares in the last quarter. Assenagon Asset Management S.A. bought a new position in TTM Technologies during the 3rd quarter worth $4,002,000. Paradigm Capital Management Inc. NY lifted its holdings in shares of TTM Technologies by 23.0% during the first quarter. Paradigm Capital Management Inc. NY now owns 53,500 shares of the technology company’s stock worth $1,097,000 after buying an additional 10,000 shares in the last quarter. Finally, Horizon Investment Services LLC acquired a new stake in shares of TTM Technologies during the second quarter worth $316,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TTMI has been the topic of several research reports. Needham & Company LLC upped their price target on shares of TTM Technologies from $77.00 to $79.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Truist Financial raised their target price on shares of TTM Technologies from $78.00 to $91.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Finally, Wall Street Zen downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to data from MarketBeat, TTM Technologies has a consensus rating of “Buy” and a consensus target price of $76.50.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $71.72 on Friday. The firm has a 50 day moving average of $67.15 and a 200-day moving average of $53.72. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $80.58. The company has a current ratio of 1.94, a quick ratio of 1.66 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $7.41 billion, a PE ratio of 56.92 and a beta of 1.74.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. The business had revenue of $752.74 million for the quarter, compared to analyst estimates of $711.91 million. During the same quarter last year, the business posted $0.41 EPS. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. TTM Technologies has set its Q4 2025 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.

Insider Buying and Selling

In other news, Director John G. Mayer sold 9,167 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $68.13, for a total transaction of $624,547.71. Following the completion of the transaction, the director owned 165,140 shares of the company’s stock, valued at approximately $11,250,988.20. The trade was a 5.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Anthony Joseph Sandeen sold 2,000 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $67.30, for a total value of $134,600.00. Following the sale, the insider owned 41,442 shares of the company’s stock, valued at approximately $2,789,046.60. This represents a 4.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 20,070 shares of company stock worth $1,348,445. 1.30% of the stock is owned by company insiders.

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.