TTM Technologies (NASDAQ:TTMI) EVP Catherine Gridley Sells 8,966 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Catherine Gridley sold 8,966 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total value of $1,881,066.80. Following the completion of the transaction, the executive vice president owned 69,679 shares of the company’s stock, valued at $14,618,654.20. The trade was a 11.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

TTM Technologies Price Performance

TTM Technologies stock opened at $210.57 on Friday. The company has a market cap of $21.87 billion, a P/E 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 business has a fifty day moving average of $171.13 and a two-hundred day moving average of $119.59. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. The business had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, analysts predict that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TTMI. Needham & Company LLC lifted their price target on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Truist Financial lifted their price objective on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Finally, Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $212.00.

Key Headlines Impacting TTM Technologies

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

Hedge Funds Weigh In On TTM Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its holdings in shares of 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 in the last quarter. Signature Equity Partners LLC purchased a new position in shares of TTM Technologies during the 1st quarter worth approximately $40,000. Optiver Holding B.V. raised its position in shares of TTM Technologies by 66.4% during the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after purchasing an additional 170 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of TTM Technologies during the 4th quarter worth approximately $30,000. Finally, Truvestments Capital LLC purchased a new stake in TTM Technologies in the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 95.79% 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.