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

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Daniel Weber sold 2,915 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were 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 directly owned 88,250 shares of the company’s stock, valued at approximately $18,438,955. The trade was a 3.20% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

TTM Technologies Stock Down 3.2%

NASDAQ TTMI traded down $6.12 during trading on Monday, reaching $185.37. The company’s stock had a trading volume of 2,642,340 shares, compared to its average volume of 2,561,977. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $19.25 billion, a PE ratio of 100.40 and a beta of 2.10. TTM Technologies, Inc. has a 1-year low of $39.20 and a 1-year high of $223.83. The business has a 50-day moving average price of $172.62 and a 200-day moving average price of $120.41.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly 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. The company had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. TTM Technologies’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, research analysts forecast that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Mitsubishi UFJ Trust & Banking Corp bought a new stake in TTM Technologies in the 4th quarter valued at $668,000. Geode Capital Management LLC increased its holdings in shares of TTM Technologies by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after purchasing an additional 81,588 shares during the period. Wealth High Governance Capital Ltda raised its position in shares of TTM Technologies by 408.6% during the fourth quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock valued at $12,632,000 after buying an additional 147,079 shares during the last quarter. Royce & Associates LP raised its position in shares of TTM Technologies by 103.5% during the fourth quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock valued at $18,564,000 after buying an additional 136,845 shares during the last quarter. Finally, Divisadero Street Capital Management LP bought a new stake in shares of TTM Technologies in the third quarter valued at about $13,580,000. 95.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on TTMI shares. Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Truist Financial increased their price objective on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 28th. B. Riley Financial raised their price objective on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Needham & Company LLC upped their target price on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target 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.