TTM Technologies (NASDAQ:TTMI) EVP Sells $2,118,800.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Catherine Gridley sold 20,000 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the completion of the sale, the executive vice president 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 can be accessed through the SEC website.

TTM Technologies Stock Down 0.7%

TTMI stock traded down $0.75 during trading on Monday, reaching $107.18. The stock had a trading volume of 417,522 shares, compared to its average volume of 3,089,968. TTM Technologies, Inc. has a one year low of $15.77 and a one year high of $111.00. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52. The company’s 50 day moving average is $85.82 and its two-hundred day moving average is $67.29. The company has a market capitalization of $11.08 billion, a price-to-earnings ratio of 63.09 and a beta of 1.74.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.68 by $0.02. The firm had revenue of $763.53 million for the quarter, compared to analysts’ expectations of $752.96 million. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The company’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Equities research analysts forecast that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TTMI. Polar Capital Holdings Plc bought a new stake in shares of TTM Technologies during the 3rd quarter valued at $176,376,000. Invesco Ltd. grew its holdings in TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock valued at $277,281,000 after buying an additional 2,699,494 shares in the last quarter. Whale Rock Capital Management LLC increased its position in shares of TTM Technologies by 112.1% during the fourth quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock valued at $295,066,000 after buying an additional 2,260,035 shares during the period. Castle Hook Partners LP purchased a new stake in shares of TTM Technologies in the fourth quarter worth about $133,351,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of TTM Technologies by 575.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock valued at $105,490,000 after acquiring an additional 1,560,394 shares during the period. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on TTMI. Needham & Company LLC raised their target price on TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. B. Riley Financial raised their price objective on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Stifel Nicolaus set a $108.00 price objective on shares of TTM Technologies in a research report on Thursday, February 5th. Finally, Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $117.25.

TTM Technologies Company Profile

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.