Daniel Boehle Sells 4,218 Shares of TTM Technologies (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) CFO Daniel Boehle sold 4,218 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $881,308.92. Following the sale, the chief financial officer owned 75,055 shares in the company, valued at $15,681,991.70. This trade represents a 5.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

TTM Technologies Stock Down 2.4%

Shares of NASDAQ TTMI traded down $4.69 during midday trading on Monday, hitting $186.80. The company’s stock had a trading volume of 3,554,279 shares, compared to its average volume of 2,570,114. The business’s fifty day simple moving average is $172.62 and its two-hundred day simple moving average is $120.41. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. TTM Technologies, Inc. has a 1 year low of $39.20 and a 1 year high of $223.83. The firm has a market capitalization of $19.40 billion, a price-to-earnings ratio of 100.97 and a beta of 2.10.

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on TTMI shares. B. Riley Financial upped their price objective on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Truist Financial upped their price target on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Finally, Stifel Nicolaus lifted their price objective on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat, TTM Technologies currently has a consensus rating of “Buy” and an average target price of $212.00.

Institutional Investors Weigh In On TTM Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada raised its stake in TTM Technologies by 66.6% in the first quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock valued at $543,000 after buying an additional 10,565 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of TTM Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock valued at $1,232,000 after acquiring an additional 2,632 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of TTM Technologies by 7.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $34,989,000 after acquiring an additional 115,766 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of TTM Technologies by 7.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,563 shares of the technology company’s stock worth $3,908,000 after acquiring an additional 13,691 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in TTM Technologies by 1,150.2% during the first quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock worth $2,869,000 after purchasing an additional 128,700 shares during the last quarter. 95.79% of the stock is currently owned by institutional investors and hedge funds.

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.