Inspire Investing LLC Has $1.04 Million Stock Holdings in TTM Technologies, Inc. $TTMI

Key Points

• Inspire Investing LLC increased its holdings in TTM Technologies by 214.1% in Q1, now owning approximately 0.05% of the company, valued at $1.04 million.
• Several institutional investors, including Goldman Sachs and Emerald Advisers, made significant adjustments to their positions in TTM Technologies during the first quarter, with approximately 95.79% of stock owned by these entities.
• TTM Technologies received multiple buy ratings from analysts, with target prices ranging from $40.00 to $56.00, reflecting strong market confidence in the company.

Inspire Investing LLC grew its holdings in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 214.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 50,880 shares of the technology company's stock after buying an additional 34,680 shares during the quarter. Inspire Investing LLC owned approximately 0.05% of TTM Technologies worth $1,044,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Goldman Sachs Group Inc. increased its stake in shares of 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 buying an additional 115,766 shares in the last quarter. Nuveen LLC acquired a new stake in shares of TTM Technologies in the first quarter valued at $31,763,000. Emerald Advisers LLC increased its stake in shares of TTM Technologies by 34.3% in the first quarter. Emerald Advisers LLC now owns 1,439,931 shares of the technology company's stock valued at $29,533,000 after buying an additional 367,798 shares in the last quarter. Invesco Ltd. increased its stake in shares of TTM Technologies by 35.3% in the first quarter. Invesco Ltd. now owns 1,357,707 shares of the technology company's stock valued at $27,847,000 after buying an additional 354,342 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its stake in shares of TTM Technologies by 52.2% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 886,701 shares of the technology company's stock valued at $18,186,000 after buying an additional 304,176 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TTMI has been the subject of a number of research reports. Stifel Nicolaus raised their target price on 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 reiterated a "buy" rating and issued a $56.00 price objective on shares of TTM Technologies in a research report on Friday, August 15th. Wall Street Zen upgraded TTM Technologies from a "buy" rating to a "strong-buy" rating in a research report on Saturday. B. Riley lifted their price objective on TTM Technologies from $36.00 to $50.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. Finally, Truist Financial lifted their price objective on TTM Technologies from $41.00 to $48.00 and gave the stock 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 MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $52.25.

TTM Technologies Trading Down 3.2%

NASDAQ:TTMI opened at $46.77 on Friday. TTM Technologies, Inc. has a fifty-two week low of $15.77 and a fifty-two week 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 $4.83 billion, a PE ratio of 51.97 and a beta of 1.57. The business's 50-day simple moving average is $44.97 and its 200-day simple moving average is $33.07.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.06. TTM Technologies had a return on equity of 11.80% and a net margin of 3.52%.The business had revenue of $730.62 million for the quarter, compared to analysts' expectations of $668.42 million. During the same quarter in the previous year, the business posted $0.39 EPS. TTM Technologies's revenue for the quarter was up 20.7% on a year-over-year basis. TTM Technologies has set its Q3 2025 guidance at 0.570-0.630 EPS. Sell-side analysts expect that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Buying and Selling at TTM Technologies

In other news, EVP Catherine A. Gridley sold 25,000 shares of TTM Technologies stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $40.46, for a total transaction of $1,011,500.00. Following the transaction, the executive vice president owned 101,986 shares in the company, valued at $4,126,353.56. The trade was a 19.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Wajid Ali bought 5,000 shares of the business's stock in a transaction on Monday, August 18th. The stock was purchased at an average price of $41.75 per share, for a total transaction of $208,750.00. Following the purchase, the director directly owned 19,024 shares in the company, valued at approximately $794,252. This represents 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 worth $4,136,826 over the last three months. Company insiders own 1.30% of the company's stock.

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.

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