Dynamic Technology Lab Private Ltd Makes New $478,000 Investment in TTM Technologies, Inc. $TTMI

Key Points

• Dynamic Technology Lab Private Ltd acquired a new position in TTM Technologies, purchasing 23,307 shares valued at approximately $478,000 during the first quarter.
• TTM Technologies recently reported an earnings per share (EPS) of $0.58 for the last quarter, exceeding the consensus estimate of $0.52, with revenues of $730.62 million, a significant increase compared to the previous year.
• Wall Street analysts have given TTM Technologies a consensus rating of "Buy" with an average price target of $52.25, reflecting positive expectations for the stock's performance.

Dynamic Technology Lab Private Ltd acquired a new stake in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 23,307 shares of the technology company's stock, valued at approximately $478,000.

A number of other institutional investors also recently modified their holdings of TTMI. Nuveen LLC bought a new stake in shares of TTM Technologies in the 1st quarter valued at $31,763,000. Cubist Systematic Strategies LLC boosted its stake in TTM Technologies by 1,070.1% during the first quarter. Cubist Systematic Strategies LLC now owns 470,679 shares of the technology company's stock worth $9,654,000 after acquiring an additional 430,453 shares in the last quarter. Emerald Advisers LLC boosted its stake in TTM Technologies by 34.3% during the first 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. Invesco Ltd. boosted its stake in TTM Technologies by 35.3% during the first quarter. Invesco Ltd. now owns 1,357,707 shares of the technology company's stock worth $27,847,000 after acquiring an additional 354,342 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust boosted its stake in TTM Technologies by 52.2% during the first quarter. Emerald Mutual Fund Advisers Trust now owns 886,701 shares of the technology company's stock worth $18,186,000 after acquiring an additional 304,176 shares in the last quarter. 95.79% of the stock is owned by institutional investors.

Insider Buying and Selling at TTM Technologies

In related news, insider Robert P. Farrell sold 1,500 shares of the firm's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $46.69, for a total transaction of $70,035.00. Following the completion of the sale, the insider owned 23,822 shares in the company, valued at approximately $1,112,249.18. This trade represents a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Wajid Ali acquired 5,000 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The shares were bought at an average price of $41.75 per share, with a total value of $208,750.00. Following the acquisition, the director directly owned 19,024 shares of the company's stock, valued at $794,252. The trade was a 35.65% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 100,759 shares of company stock valued at $4,136,826 in the last three months. 1.30% of the stock is owned by corporate insiders.

TTM Technologies Stock Up 1.8%

Shares of TTMI stock traded up $0.87 on Tuesday, hitting $50.27. The stock had a trading volume of 1,947,386 shares, compared to its average volume of 1,903,731. The business has a 50 day moving average of $45.27 and a 200 day moving average of $33.49. The stock has a market cap of $5.19 billion, a price-to-earnings ratio of 55.86 and a beta of 1.57. 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, Inc. has a 12-month low of $15.77 and a 12-month high of $51.15.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last posted its quarterly earnings data 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. TTM Technologies had a net margin of 3.52% and a return on equity of 11.80%. The business had revenue of $730.62 million during the quarter, compared to the consensus estimate of $668.42 million. During the same quarter last year, the company posted $0.39 earnings per share. The firm's quarterly revenue was up 20.7% compared to the same quarter last year. TTM Technologies has set its Q3 2025 guidance at 0.570-0.630 EPS. As a group, analysts expect that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TTMI. B. Riley increased their target price on shares of TTM Technologies from $36.00 to $50.00 and gave the stock a "buy" rating in a research note on Thursday, July 17th. Needham & Company LLC reissued a "buy" rating and set a $56.00 target price on shares of TTM Technologies in a research note on Friday, August 15th. Stifel Nicolaus increased their target price on shares of TTM Technologies from $40.00 to $55.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Truist Financial increased their target price on shares of TTM Technologies from $41.00 to $48.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Finally, Wall Street Zen raised shares of TTM Technologies from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, TTM Technologies currently has an average 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.