TTM Technologies, Inc. $TTMI Shares Bought by Wealth High Governance Capital Ltda

Key Points

• Wealth High Governance Capital Ltda increased its stake in TTM by 408.6% in Q4, buying 147,079 shares to hold 183,079 shares worth about $12.63 million (0.18% of TTMI), making it the firm’s 21st-largest position and ~2.4% of its portfolio.
• Strong results and raised guidance: TTMI beat Q1 estimates (EPS $0.75 vs. $0.66; revenue $846M vs. $790M, +30% YoY) and set Q2 guidance of $0.82–$0.88 EPS and $930M–$970M revenue, citing RF/microwave, interconnect demand and a ~$1.6B defense backlog.
• Valuation and risk factors: Despite analyst upgrades and high institutional ownership, TTMI trades at a stretched P/E (~81x) with elevated beta and notable insider selling (105,150 shares in the last 90 days), increasing potential volatility and valuation risk.

Wealth High Governance Capital Ltda boosted its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 408.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 183,079 shares of the technology company's stock after buying an additional 147,079 shares during the quarter. TTM Technologies accounts for approximately 2.4% of Wealth High Governance Capital Ltda's investment portfolio, making the stock its 21st largest position. Wealth High Governance Capital Ltda owned approximately 0.18% of TTM Technologies worth $12,632,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Decker Retirement Planning Inc. bought a new position in TTM Technologies during the third quarter valued at about $2,963,000. Horizon Investment Services LLC boosted its stake in TTM Technologies by 255.7% during the third quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company's stock valued at $1,588,000 after buying an additional 19,820 shares in the last quarter. FengHe Fund Management Pte. Ltd. bought a new position in TTM Technologies during the third quarter valued at about $54,148,000. Oak Ridge Investments LLC bought a new position in TTM Technologies during the third quarter valued at about $1,812,000. Finally, Navellier & Associates Inc. bought a new position in TTM Technologies during the third quarter valued at about $3,271,000. Institutional investors own 95.79% of the company's stock.

Trending Headlines about TTM Technologies

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: Q1 beat and strong revenue: TTMI reported $0.75 EPS vs. $0.66 consensus and revenue $846M vs. $790M est; revenue was up ~30% year‑over‑year, driven by RF/microwave and interconnect demand. GlobeNewswire: First Quarter 2026 Results
• Positive Sentiment: Raised Q2 outlook well above Street: Management set Q2 EPS guidance of $0.82–$0.88 (vs. ~$0.72 consensus) and revenue guidance of $930M–$970M (vs. ~$820M consensus) — a material beat that signals continued demand strength. Q1 Slide Deck / Guidance
• Positive Sentiment: Defense backlog and momentum narrative: Coverage highlights TTMI’s large defense backlog (~$1.6B cited) and a ~600% one‑year share gain, reinforcing investor enthusiasm for secular RF/defense and AI/5G content growth. 247wallst: Unknown Stock Up 600%
• Positive Sentiment: Analyst sentiment lift: At least one published note raised TTMI’s price target recently, supporting the bullish case. MSN: Price Target Increase
• Neutral Sentiment: Earnings materials available: The full earnings call transcript and slide deck provide management detail on bookings, mix and margin dynamics for active due diligence. Seeking Alpha: Q1 Earnings Call Transcript
• Neutral Sentiment: Industry tailwinds acknowledged: Coverage from Zacks and others cites AI, IoT and defense spending as structural drivers for PCB/RF suppliers like TTMI — supportive but not an immediate catalyst on its own. Zacks: Industry Outlook
• Neutral Sentiment: Investor Qs on valuation/timing: Several articles ask whether late buyers should enter after the recent run; useful for investor timing but not company‑specific news. Yahoo Finance: Is It Too Late?
• Negative Sentiment: Stretched valuation and volatility risk: TTMI trades at a high P/E (~81x) with elevated beta after a steep multi‑year rally, increasing sensitivity to any slowdown in bookings or margin pressure. MarketBeat: Stock Profile & Metrics

Wall Street Analyst Weigh In

TTMI has been the subject of several research reports. Needham & Company LLC raised their target price on TTM Technologies from $125.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday. Stifel Nicolaus raised their target price on TTM Technologies from $108.00 to $135.00 and gave the company a "buy" rating in a research note on Monday, April 20th. Weiss Ratings raised TTM Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, February 18th. B. Riley Financial reiterated a "buy" rating on shares of TTM Technologies in a research report on Friday, April 24th. Finally, Truist Financial set a $113.00 price target on TTM Technologies in a research report on Wednesday, January 14th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $132.75.

TTM Technologies Trading Down 0.1%

NASDAQ:TTMI opened at $137.50 on Thursday. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52. TTM Technologies, Inc. has a 1-year low of $19.58 and a 1-year high of $149.08. The firm has a market capitalization of $14.28 billion, a price-to-earnings ratio of 81.36 and a beta of 1.76. The stock has a fifty day simple moving average of $107.96 and a 200 day simple moving average of $86.89.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.09. The business had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.TTM Technologies's revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter last year, the company posted $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Sell-side analysts forecast that TTM Technologies, Inc. will post 2.94 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Catherine A. Gridley sold 20,000 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $105.94, for a total value of $2,118,800.00. Following the completion of the sale, the executive vice president directly owned 78,645 shares of the company's stock, valued at approximately $8,331,651.30. This represents a 20.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Daniel J. Weber sold 12,000 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $93.88, for a total value of $1,126,560.00. Following the completion of the sale, the executive vice president directly owned 94,621 shares of the company's stock, valued at approximately $8,883,019.48. This represents a 11.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 105,150 shares of company stock valued at $10,412,586. Corporate insiders own 1.30% of the company's stock.

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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