Mutual of America Capital Management LLC Has $7.05 Million Holdings in TTM Technologies, Inc. $TTMI

Key Points

• Mutual of America Capital Management LLC reduced its holdings in TTM Technologies by 24.8%, owning approximately $7.05 million worth of shares after selling 56,984 shares in the second quarter.
• Several institutional investors, including Quarry LP and PNC Financial Services Group Inc., have significantly increased their positions in TTM Technologies, indicating strong interest among institutional investors in the company.
• TTM Technologies reported $0.58 EPS for its last quarter, exceeding estimates, and provided future guidance of 0.570-0.630 EPS for Q3 2025.

Mutual of America Capital Management LLC decreased its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 24.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 172,819 shares of the technology company's stock after selling 56,984 shares during the quarter. Mutual of America Capital Management LLC owned about 0.17% of TTM Technologies worth $7,054,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of TTMI. Quarry LP raised its position in shares of TTM Technologies by 249.9% during the first quarter. Quarry LP now owns 2,110 shares of the technology company's stock worth $43,000 after purchasing an additional 1,507 shares during the period. Concord Wealth Partners acquired a new position in shares of TTM Technologies during the second quarter worth approximately $47,000. CWM LLC raised its position in shares of TTM Technologies by 14.4% during the first quarter. CWM LLC now owns 4,501 shares of the technology company's stock worth $92,000 after purchasing an additional 567 shares during the period. GAMMA Investing LLC raised its position in shares of TTM Technologies by 30.6% during the second quarter. GAMMA Investing LLC now owns 3,244 shares of the technology company's stock worth $132,000 after purchasing an additional 760 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of TTM Technologies by 227.0% during the first quarter. PNC Financial Services Group Inc. now owns 7,295 shares of the technology company's stock worth $150,000 after purchasing an additional 5,064 shares during the period. 95.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus upped their target price on TTM Technologies from $40.00 to $55.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Weiss Ratings lowered TTM Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, October 8th. B. Riley reiterated a "buy" rating on shares of TTM Technologies in a report on Friday, October 10th. Wall Street Zen downgraded TTM Technologies from a "strong-buy" rating to a "buy" rating in a report on Sunday. Finally, Truist Financial upped their price target on TTM Technologies from $41.00 to $48.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $54.50.

TTM Technologies Trading Up 1.4%

Shares of TTM Technologies stock opened at $57.95 on Tuesday. The stock has a fifty day simple moving average of $50.58 and a 200 day simple moving average of $39.37. TTM Technologies, Inc. has a 12-month low of $15.77 and a 12-month high of $62.60. The company has a market capitalization of $5.99 billion, a P/E ratio of 64.39 and a beta of 1.63. The company has a current ratio of 2.03, a quick ratio of 1.72 and a debt-to-equity ratio of 0.56.

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

Insider Transactions at TTM Technologies

In related news, insider Robert P. Farrell sold 1,500 shares of the stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $46.69, for a total transaction of $70,035.00. Following the sale, the insider owned 23,822 shares of the company's stock, valued at approximately $1,112,249.18. This represents a 5.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Tom Clapprood sold 15,000 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $44.68, for a total value of $670,200.00. Following the sale, the insider directly owned 23,531 shares in the company, valued at $1,051,365.08. This trade represents a 38.93% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 66,477 shares of company stock worth $2,867,405. Company insiders own 1.30% of the company's stock.

About TTM Technologies

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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