Shawn Powers Sells 9,856 Shares of TTM Technologies (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Shawn Powers sold 9,856 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total value of $2,067,788.80. Following the completion of the sale, the executive vice president owned 119,268 shares of the company’s stock, valued at $25,022,426.40. The trade was a 7.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

TTM Technologies Trading Up 0.4%

NASDAQ:TTMI traded up $0.83 during midday trading on Thursday, hitting $210.57. The stock had a trading volume of 1,606,178 shares, compared to its average volume of 2,439,590. The stock has a 50-day moving average of $169.33 and a 200 day moving average of $118.62. The company has a market capitalization of $21.87 billion, a price-to-earnings ratio of 113.82 and a beta of 2.09. TTM Technologies, Inc. has a one year low of $39.20 and a one year high of $223.83. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last issued its 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. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The business had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. During the same period in the previous year, the company posted $0.50 EPS. TTM Technologies’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, sell-side analysts forecast that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Key TTM Technologies News

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

• Positive Sentiment: TTM Technologies said it will be added to the Russell 1000 Index on June 26, replacing its current Russell 2000 membership. Index inclusion can boost demand from index funds and raise the stock’s visibility with institutional investors. Article Title
• Positive Sentiment: Recent coverage continues to frame TTMI as a growth stock, and the shares have also been hitting new highs, reinforcing bullish momentum after the company’s strong earnings report earlier this year. Article Title
• Neutral Sentiment: The company’s latest quarterly results were strong, with earnings and revenue both beating expectations and revenue rising 30.4% year over year, which remains a supportive backdrop for the stock.
• Negative Sentiment: Multiple executives and insiders, including the EVP, COO, CFO and other senior leaders, sold shares at around $209.80 per share. While insider selling does not always signal trouble, the broad pattern can weigh on investor sentiment because it suggests management may be taking some profits after the recent run-up. Article Title

Institutional Investors Weigh In On TTM Technologies

A number of institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC grew its stake in TTM Technologies by 36.2% in the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after purchasing an additional 87 shares during the last quarter. Signature Equity Partners LLC purchased a new stake in shares of TTM Technologies during the first quarter valued at about $40,000. Optiver Holding B.V. lifted its position in shares of TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after buying an additional 170 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of TTM Technologies in the 4th quarter valued at about $30,000. Finally, Truvestments Capital LLC bought a new stake in shares of TTM Technologies in the 4th quarter valued at about $30,000. Institutional investors own 95.79% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Needham & Company LLC upped their price objective on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. B. Riley Financial raised their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Stifel Nicolaus upped their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $212.00.

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.