Optimize Financial Inc Sells 14,339 Shares of 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 decreased its holdings in 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 SEC. The fund owned 82,135 shares of the technology company's stock after selling 14,339 shares during the quarter. TTM Technologies makes up about 0.6% of Optimize Financial Inc's investment portfolio, making the stock its 29th largest position. Optimize Financial Inc owned approximately 0.08% of TTM Technologies worth $1,685,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of TTMI. Quarry LP raised its position in TTM Technologies by 249.9% in the 1st quarter. Quarry LP now owns 2,110 shares of the technology company's stock valued at $43,000 after purchasing an additional 1,507 shares during the last quarter. USA Financial Formulas raised its position in TTM Technologies by 119.1% in 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 during the last quarter. CWM LLC raised its position in TTM Technologies by 14.4% in 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 during the last quarter. State of Wyoming raised its position in shares of TTM Technologies by 103.3% during the fourth quarter. State of Wyoming now owns 5,708 shares of the technology company's stock worth $141,000 after acquiring an additional 2,900 shares during the last quarter. 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 acquiring an additional 5,064 shares during the last quarter. Institutional investors own 95.79% of the company's stock.

Insider Transactions at TTM Technologies

In other TTM Technologies news, EVP Catherine A. Gridley sold 25,000 shares of the business's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $40.46, for a total value of $1,011,500.00. Following the completion of the transaction, the executive vice president directly owned 101,986 shares of the company's stock, valued at approximately $4,126,353.56. The trade was a 19.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Philip Titterton sold 23,486 shares of the business's stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $36.39, for a total value of $854,655.54. Following the completion of the transaction, the chief operating officer directly owned 123,338 shares of the company's stock, 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. In 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 Stock Down 1.5%

Shares of TTM Technologies stock opened at $47.00 on Tuesday. The company has a quick ratio of 1.72, a current ratio of 2.03 and a debt-to-equity ratio of 0.56. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $51.15. The business has a fifty day simple moving average of $44.56 and a 200 day simple moving average of $32.53. The stock has a market cap of $4.86 billion, a PE ratio of 52.22 and a beta of 1.57.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.58 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $668.42 million. During the same period in the previous year, the firm earned $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. Research analysts predict that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus boosted 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. Needham & Company LLC restated a "buy" rating and set a $56.00 target price on shares of TTM Technologies in a research report on Friday, August 15th. Wall Street Zen downgraded TTM Technologies from a "strong-buy" rating to a "buy" rating in a research report on Friday. Truist Financial boosted their target price on TTM Technologies from $41.00 to $48.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. Finally, B. Riley boosted their target price on TTM Technologies from $36.00 to $50.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, TTM Technologies has a consensus rating of "Buy" and an average price target of $52.25.

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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