TTM Technologies (NASDAQ:TTMI) SVP Sells $420,805.16 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) SVP Dale Martin Knecht sold 2,014 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $420,805.16. Following the sale, the senior vice president owned 66,336 shares of the company’s stock, valued at approximately $13,860,243.84. This represents a 2.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Dale Martin Knecht also recently made the following trade(s):

• On Tuesday, June 23rd, Dale Martin Knecht sold 6,754 shares of TTM Technologies stock. The shares were sold at an average price of $209.79, for a total value of $1,416,921.66.

TTM Technologies Stock Down 2.4%

Shares of TTMI traded down $4.69 during trading hours on Monday, hitting $186.80. The company had a trading volume of 3,554,279 shares, compared to its average volume of 2,570,114. The company has a market capitalization of $19.40 billion, a PE ratio of 100.97 and a beta of 2.10. 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 one year low of $39.20 and a one year high of $223.83. The company’s fifty day moving average price is $172.62 and its two-hundred day moving average price is $120.41.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data 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 return on equity of 13.70% and a net margin of 6.29%.The company 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 company earned $0.50 earnings per share. The firm’s revenue for the quarter 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 forecast that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on TTMI shares. 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. Truist Financial boosted their price objective on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. B. Riley Financial raised their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Finally, Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. 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 MarketBeat.com, the company has an average rating of “Buy” and an average price target of $212.00.

Institutional Investors Weigh In On TTM Technologies

Several institutional investors have recently added to or reduced their stakes in the business. Optiver Holding B.V. raised its position in shares of TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after purchasing an additional 170 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in TTM Technologies during the 4th quarter worth approximately $30,000. Truvestments Capital LLC purchased a new stake in TTM Technologies during the 4th quarter worth approximately $30,000. Rakuten Securities Inc. acquired a new position in TTM Technologies during the 4th quarter valued at approximately $32,000. Finally, Parallel Advisors LLC increased 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 valued at $32,000 after purchasing an additional 87 shares in the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

About TTM Technologies

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.