TTM Technologies (NASDAQ:TTMI) EVP Sells 2,915 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Daniel Weber sold 2,915 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $609,060.10. Following the completion of the sale, the executive vice president owned 88,250 shares of the company’s stock, valued at $18,438,955. This represents a 3.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

TTM Technologies Stock Performance

Shares of TTMI traded down $6.12 on Monday, reaching $185.37. 2,642,340 shares of the stock traded hands, compared to its average volume of 2,561,977. The stock’s 50-day moving average price is $172.62 and its 200-day moving average price 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. The firm has a market cap of $19.25 billion, a price-to-earnings ratio of 100.40 and a beta of 2.10. TTM Technologies, Inc. has a 12 month low of $39.20 and a 12 month high of $223.83.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same period last year, the business earned $0.50 earnings per share. TTM Technologies’s quarterly 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. Equities analysts forecast that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On TTM Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TTMI. Optiver Holding B.V. lifted its stake in TTM Technologies by 66.4% in 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 period. Kestra Advisory Services LLC acquired a new stake in shares of TTM Technologies in the 4th quarter valued at approximately $30,000. Truvestments Capital LLC acquired a new stake in shares of TTM Technologies in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. bought a new position in TTM Technologies during the 4th quarter worth approximately $32,000. Finally, Parallel Advisors LLC boosted its stake in TTM Technologies by 36.2% during the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after acquiring an additional 87 shares during the last quarter. Institutional investors own 95.79% of the company’s stock.

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.