Gamco Investors INC. ET AL Sells 39,574 Shares of TTM Technologies, Inc. $TTMI

Key Points

• Gamco Investors trimmed its stake in TTM Technologies by 54.1% in Q3, selling 39,574 shares and retaining 33,521 shares worth about $1.93 million, according to its SEC filing.
• Insiders have been selling recently — including Director Thomas Edman and EVP Catherine Gridley — with 105,150 insider shares sold in the last 90 days worth roughly $9.9 million, leaving insiders owning about 1.30% of the stock.
• Analysts are broadly positive: TTM beat Q results (EPS $0.70 vs. $0.68, revenue +19% YoY), set Q1 2026 guidance of $0.64–$0.70 EPS, and carries an average analyst target of $117.25 with a consensus "Buy" rating.

Gamco Investors INC. ET AL trimmed its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 54.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,521 shares of the technology company's stock after selling 39,574 shares during the quarter. Gamco Investors INC. ET AL's holdings in TTM Technologies were worth $1,931,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of TTMI. Vanguard Group Inc. raised its holdings in shares of 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 buying an additional 60,002 shares in the last quarter. Geode Capital Management LLC boosted its stake in TTM Technologies by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,557,256 shares of the technology company's stock valued at $104,399,000 after buying an additional 7,814 shares in the last quarter. Invesco Ltd. boosted its stake in TTM Technologies by 55.7% in the 2nd quarter. Invesco Ltd. now owns 2,114,409 shares of the technology company's stock valued at $86,310,000 after buying an additional 756,702 shares in the last quarter. Goldman Sachs Group Inc. grew its position in TTM Technologies by 7.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company's stock valued at $34,989,000 after acquiring an additional 115,766 shares during the period. Finally, Bank of America Corp DE grew its position in TTM Technologies by 8.4% in the second quarter. Bank of America Corp DE now owns 1,197,109 shares of the technology company's stock valued at $48,866,000 after acquiring an additional 92,366 shares during the period. 95.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of the company's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $101.62, for a total transaction of $1,707,216.00. Following the transaction, the director directly owned 855,171 shares in the company, valued at approximately $86,902,477.02. This represents a 1.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Catherine A. Gridley sold 20,000 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the sale, the executive vice president directly owned 78,645 shares in the company, valued at $8,331,651.30. This trade represents a 20.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 105,150 shares of company stock worth $9,900,522. 1.30% of the stock is currently owned by corporate insiders.

TTM Technologies Price Performance

TTM Technologies stock opened at $96.43 on Wednesday. The business's fifty day moving average is $93.76 and its two-hundred day moving average is $72.36. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.67 and a current ratio of 1.93. The firm has a market cap of $9.97 billion, a P/E ratio of 57.06 and a beta of 1.74. TTM Technologies, Inc. has a 52 week low of $15.77 and a 52 week high of $113.46.

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

Analysts Set New Price Targets

TTMI has been the subject of a number of analyst reports. Stifel Nicolaus set a $108.00 price objective on TTM Technologies in a report on Thursday, February 5th. Truist Financial set a $113.00 target price on shares of TTM Technologies in a research report on Wednesday, January 14th. Weiss Ratings raised shares of TTM Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, February 18th. B. Riley Financial boosted their price target on shares of TTM Technologies from $81.00 to $123.00 and gave the company a "buy" rating in a research report on Thursday, January 22nd. Finally, Zacks Research raised shares of TTM Technologies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $117.25.

About TTM Technologies

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.

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