Optimize Financial Inc Decreases Stake in TTM Technologies, Inc. $TTMI

Key Points

• Optimize Financial Inc has reduced its stake in TTM Technologies by 14.9%, owning 82,135 shares after selling 14,339 shares in Q1, making TTM about 0.6% of its portfolio.
• Several institutional investors, including Quarry LP and USA Financial Formulas, significantly increased their holdings in TTM Technologies during the same quarter.
• TTM Technologies reported a quarterly earnings record of $0.58 EPS, exceeding analysts' estimates, and set a Q3 2025 EPS guidance of 0.570-0.630.

Optimize Financial Inc lessened its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 14.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,135 shares of the technology company's stock after selling 14,339 shares during the quarter. TTM Technologies comprises 0.6% of Optimize Financial Inc's holdings, making the stock its 29th biggest position. Optimize Financial Inc owned 0.08% of TTM Technologies worth $1,685,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of TTMI. Quarry LP raised its stake in shares of TTM Technologies by 249.9% during the 1st quarter. Quarry LP now owns 2,110 shares of the technology company's stock worth $43,000 after acquiring an additional 1,507 shares in the last quarter. USA Financial Formulas increased its stake in TTM Technologies by 119.1% during the 1st quarter. USA Financial Formulas now owns 2,237 shares of the technology company's stock valued at $46,000 after purchasing an additional 1,216 shares in the last quarter. CWM LLC increased its stake in TTM Technologies by 14.4% during the 1st quarter. CWM LLC now owns 4,501 shares of the technology company's stock valued at $92,000 after purchasing an additional 567 shares in the last quarter. State of Wyoming increased its stake in TTM Technologies by 103.3% during the 4th quarter. State of Wyoming now owns 5,708 shares of the technology company's stock valued at $141,000 after purchasing an additional 2,900 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in TTM Technologies by 227.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,295 shares of the technology company's stock valued at $150,000 after purchasing an additional 5,064 shares in the last quarter. Institutional investors own 95.79% of the company's stock.

TTM Technologies Stock Performance

NASDAQ TTMI traded down $1.55 during mid-day trading on Friday, reaching $46.77. 2,018,919 shares of the stock were exchanged, compared to its average volume of 1,931,371. The business's 50 day moving average is $44.97 and its 200-day moving average is $33.13. TTM Technologies, Inc. has a 1 year low of $15.77 and a 1 year high of $51.15. The company has a market capitalization of $4.83 billion, a P/E ratio of 51.97 and a beta of 1.57. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.72 and a current ratio of 2.03.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $730.62 million for the quarter, compared to the consensus estimate of $668.42 million. During the same period in the prior year, the firm 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. On average, equities research analysts forecast that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Truist Financial upped their price target on shares of TTM Technologies from $41.00 to $48.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Stifel Nicolaus upped their price target on shares of TTM Technologies from $40.00 to $55.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. B. Riley upped their price target on shares of TTM Technologies from $36.00 to $50.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Needham & Company LLC restated a "buy" rating and set a $56.00 price target on shares of TTM Technologies in a research note on Friday, August 15th. Finally, Wall Street Zen upgraded shares of TTM Technologies from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $52.25.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, EVP Catherine A. Gridley sold 25,000 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $40.46, for a total transaction of $1,011,500.00. Following the transaction, the executive vice president directly owned 101,986 shares of the company's stock, valued at $4,126,353.56. This trade represents a 19.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Philip Titterton sold 23,486 shares of the stock in a transaction on Monday, June 23rd. The shares were sold at an average price of $36.39, for a total transaction of $854,655.54. Following the transaction, the chief operating officer directly owned 123,338 shares in the company, valued at approximately $4,488,269.82. The trade was a 16.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 100,759 shares of company stock valued at $4,136,826. Insiders own 1.30% of the company's stock.

TTM Technologies 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.