TTM Technologies (NASDAQ:TTMI) CAO Sells 720 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) CAO Elizabeth Romo sold 720 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.92, for a total transaction of $150,422.40. Following the completion of the transaction, the chief accounting officer directly owned 13,492 shares in the company, valued at $2,818,748.64. This represents a 5.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

TTM Technologies Stock Performance

Shares of NASDAQ:TTMI traded down $4.69 during trading on Monday, hitting $186.80. 3,554,279 shares of the company traded hands, compared to its average volume of 2,570,114. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. The business’s fifty day moving average is $172.62 and its 200-day moving average is $120.41. The stock has a market capitalization of $19.40 billion, a price-to-earnings ratio of 100.97 and a beta of 2.10. TTM Technologies, Inc. has a one year low of $39.20 and a one year high of $223.83.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (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 business had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. During the same quarter last year, the business posted $0.50 EPS. The business’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, equities analysts predict that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Needham & Company LLC boosted 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. Truist Financial lifted their price objective on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. 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. Finally, Stifel Nicolaus lifted their price target on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat.com, TTM Technologies has an average rating of “Buy” and a consensus price target of $212.00.

Hedge Funds Weigh In On TTM Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of TTMI. Optiver Holding B.V. boosted its holdings in shares of 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 acquiring an additional 170 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in TTM Technologies during the fourth quarter worth about $30,000. Truvestments Capital LLC bought a new position in shares of TTM Technologies during the 4th quarter valued at about $30,000. Rakuten Securities Inc. bought a new position in shares of TTM Technologies during the 4th quarter valued at about $32,000. Finally, Parallel Advisors LLC grew its stake in shares of TTM Technologies by 36.2% in the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after purchasing 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.