TTM Technologies, Inc. $TTMI Shares Sold by Victory Capital Management Inc.

Key Points

• Victory Capital Management reduced its stake in TTM Technologies by 22.3%, selling 157,235 shares and leaving 547,368 shares worth about $31.5 million, while institutional investors own roughly 95.8% of the stock.
• Company insiders sold a total of 105,150 shares in the last quarter (notably Director Thomas T. Edman and EVP Daniel J. Weber), amounting to about $9.9 million and leaving insiders with ~1.3% ownership.
• TTM beat the quarter’s estimates (EPS $0.70 vs. $0.68; revenue $763.5M vs. $753.0M), set Q1 2026 EPS guidance of $0.64–0.70, and has multiple analyst buy ratings with an average target of $117.25, despite recent share weakness (opened $87.91, down 11.2%).

Victory Capital Management Inc. lowered its holdings in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 22.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 547,368 shares of the technology company's stock after selling 157,235 shares during the period. Victory Capital Management Inc. owned about 0.53% of TTM Technologies worth $31,528,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in TTMI. Optiver Holding B.V. boosted its holdings in TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company's stock worth $25,000 after buying an additional 170 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company's stock worth $27,000 after acquiring an additional 377 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in shares of TTM Technologies during the 3rd quarter worth $39,000. Federated Hermes Inc. acquired a new position in shares of TTM Technologies in the 3rd quarter worth $60,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of TTM Technologies by 52.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company's stock worth $51,000 after purchasing an additional 430 shares during the period. 95.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $101.62, for a total value of $1,707,216.00. Following the completion of the sale, the director owned 855,171 shares in the company, valued at $86,902,477.02. This represents a 1.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Daniel J. Weber sold 12,000 shares of TTM Technologies stock in a transaction on Friday, February 13th. The shares were sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the sale, the executive vice president directly owned 94,621 shares of the company's stock, valued at $8,883,019.48. This trade represents a 11.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 105,150 shares of company stock worth $9,900,522. 1.30% of the stock is currently owned by company insiders.

TTM Technologies Stock Down 11.2%

Shares of TTM Technologies stock opened at $87.91 on Monday. TTM Technologies, Inc. has a 1 year low of $15.77 and a 1 year high of $113.46. The company has a market cap of $9.09 billion, a P/E ratio of 52.02 and a beta of 1.74. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52. The stock has a 50-day moving average price of $92.73 and a 200 day moving average price of $71.60.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last released its earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.02. The company had revenue of $763.53 million for the quarter, compared to analysts' expectations of $752.96 million. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The business's revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, analysts expect that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TTMI. Truist Financial set a $113.00 price target on TTM Technologies in a research report on Wednesday, January 14th. B. Riley Financial upped their price objective on shares of TTM Technologies from $81.00 to $123.00 and gave the company a "buy" rating in a research note on Thursday, January 22nd. Zacks Research raised shares of TTM Technologies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 27th. Needham & Company LLC upped their price target on shares of TTM Technologies from $105.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, February 5th. Finally, Weiss Ratings raised shares of TTM Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $117.25.

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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