TTM Technologies (NASDAQ:TTMI) CFO Daniel Boehle Sells 6,341 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) CFO Daniel Boehle sold 6,341 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $209.79, for a total value of $1,330,278.39. Following the sale, the chief financial officer directly owned 72,922 shares in the company, valued at approximately $15,298,306.38. The trade was a 8.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

TTM Technologies Stock Up 0.4%

TTM Technologies stock traded up $0.83 during trading hours on Thursday, reaching $210.57. The stock had a trading volume of 1,606,178 shares, compared to its average volume of 2,439,590. The company has a market cap of $21.87 billion, a price-to-earnings ratio of 113.82 and a beta of 2.09. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. The business’s 50 day moving average price is $169.33 and its 200-day moving average price is $118.62. TTM Technologies, Inc. has a 52 week low of $39.20 and a 52 week high of $223.83.

TTM Technologies (NASDAQ:TTMI) last released its quarterly 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 net margin of 6.29% and a return on equity of 13.70%. The business had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. During the same period last year, the business earned $0.50 EPS. The company’s revenue was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Sell-side analysts anticipate that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on TTMI shares. Wall Street Zen downgraded TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. B. Riley Financial boosted their target price on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note 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. Truist Financial raised 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. Finally, Needham & Company LLC boosted their price target on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to data from MarketBeat, TTM Technologies has an average rating of “Buy” and a consensus price target of $212.00.

Institutional Investors Weigh In On TTM Technologies

Institutional investors and hedge funds have recently modified their holdings of the company. Polar Capital Holdings Plc purchased a new stake in TTM Technologies in the third quarter valued at approximately $176,376,000. Invesco Ltd. raised its position in TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after buying an additional 2,699,494 shares during the last quarter. Whale Rock Capital Management LLC lifted its stake in TTM Technologies by 112.1% during the 4th quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock valued at $295,066,000 after acquiring an additional 2,260,035 shares during the period. Castle Hook Partners LP purchased a new stake in shares of TTM Technologies in the 4th quarter valued at $133,351,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of TTM Technologies by 575.7% in the 3rd 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 last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

More 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

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.