Catherine Gridley Sells 3,056 Shares of TTM Technologies (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Catherine Gridley sold 3,056 shares of the company’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 $638,520.64. Following the completion of the transaction, the executive vice president owned 71,866 shares in the company, valued at $15,015,682.04. This represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

TTM Technologies Price Performance

NASDAQ:TTMI opened at $187.02 on Wednesday. TTM Technologies, Inc. has a 52 week low of $39.20 and a 52 week high of $223.83. The stock’s fifty day moving average is $175.24 and its two-hundred day moving average is $121.95. The company has a market capitalization of $19.42 billion, a P/E ratio of 101.09 and a beta of 2.09. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data 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 net margin of 6.29% and a return on equity of 13.70%. The firm had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. During the same period in the prior year, the business posted $0.50 EPS. The business’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. Equities analysts expect that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TTMI shares. Needham & Company LLC upped their target price 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. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Wall Street Zen downgraded shares of TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. B. Riley Financial upped their price objective on 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 increased their price objective on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $212.00.

Institutional Trading of TTM Technologies

A number of large investors have recently made changes to their positions in TTMI. Optiver Holding B.V. raised its holdings 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 acquiring an additional 170 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in TTM Technologies during the 4th quarter worth approximately $30,000. Truvestments Capital LLC purchased a new stake in shares of TTM Technologies in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. acquired a new stake in shares of TTM Technologies in the 4th quarter valued at $32,000. Finally, Parallel Advisors LLC raised its holdings 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 valued at $32,000 after purchasing an additional 87 shares in the last quarter. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting TTM Technologies

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: TTM Technologies was upgraded to Zacks Rank #1 (Strong Buy), suggesting improved earnings expectations and stronger near-term sentiment from analysts. TTM upgraded to Strong Buy
• Positive Sentiment: TTMI also made Zacks’ Best Momentum Stocks list, which can attract traders looking for continuing price strength. TTMI on Best Momentum Stocks list
• Positive Sentiment: The stock was added to Zacks’ Strong Buy list, reinforcing bullish sentiment around its earnings outlook and momentum profile. TTMI added to Strong Buy list
• Neutral Sentiment: Several company insiders, including the CAO, CFO, COO, and multiple EVPs, disclosed share sales at around $208.92-$208.95 per share. While these sales may weigh on sentiment, they were modest relative to their remaining holdings and were fully disclosed in SEC filings. Insider selling disclosures

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.