TTM Technologies (NASDAQ:TTMI) Insider Robert Farrell Sells 2,920 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Robert Farrell sold 2,920 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $209.79, for a total transaction of $612,586.80. Following the completion of the transaction, the insider directly owned 16,486 shares of the company’s stock, valued at approximately $3,458,597.94. This trade represents a 15.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

TTM Technologies Price Performance

TTMI stock opened at $210.57 on Friday. The firm has a 50 day moving average of $171.13 and a 200-day moving average of $119.59. 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 current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. TTM Technologies, Inc. has a 12-month low of $39.20 and a 12-month 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, topping 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 for the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter in the prior year, the firm posted $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. As a group, equities analysts expect that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Institutional Investors Weigh In On TTM Technologies

Several hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC grew its position 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 during the period. Signature Equity Partners LLC purchased a new stake in TTM Technologies in the 1st quarter valued at about $40,000. Optiver Holding B.V. increased its stake 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 valued at $25,000 after acquiring an additional 170 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in TTM Technologies in the fourth quarter valued at approximately $30,000. Finally, Truvestments Capital LLC acquired a new position in TTM Technologies during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. B. Riley Financial raised their price target on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Wall Street Zen downgraded shares of TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Stifel Nicolaus increased their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Needham & Company LLC raised 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. Finally, Weiss Ratings reaffirmed 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 MarketBeat.com, TTM Technologies presently 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.