TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) insider Robert Farrell sold 1,304 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.92, for a total transaction of $272,431.68. Following the transaction, the insider directly owned 16,995 shares in the company, valued at approximately $3,550,595.40. This represents a 7.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
TTM Technologies Stock Down 3.9%
Shares of TTMI opened at $179.70 on Thursday. TTM Technologies, Inc. has a fifty-two week low of $39.20 and a fifty-two week high of $223.83. The company’s fifty day moving average is $176.32 and its two-hundred day moving average is $122.65. The firm has a market cap of $18.66 billion, a PE ratio of 97.14 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 – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 EPS 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 during the quarter, compared to the consensus estimate of $789.84 million. During the same period in the prior year, the firm posted $0.50 EPS. The business’s revenue for the quarter was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Analysts forecast that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.
Key TTM Technologies News
- Positive Sentiment: Zacks recently highlighted TTMI as a top growth stock and added it to its Strong Buy/momentum lists, reinforcing bullish sentiment around the company’s earnings outlook and price momentum. Why TTM Technologies (TTMI) is a Top Growth Stock for the Long-Term
- Positive Sentiment: The company is benefiting from strong prior-quarter results and upbeat analyst targets, with recent reports noting earnings and revenue beat estimates and multiple firms maintaining Buy ratings. TTM Technologies stock page
- Positive Sentiment: Tradr announced leveraged ETFs tied to TTM Technologies, which may increase trading interest and improve visibility among active investors. Tradr Introduces Leveraged ETFs on Ciena, Quantinuum, Rambus, Tower Semiconductor and TTM Technologies
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC grew its stake 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 buying an additional 87 shares in the last quarter. Signature Equity Partners LLC purchased a new stake in shares of TTM Technologies during the 1st quarter valued at about $40,000. Optiver Holding B.V. lifted its position in TTM Technologies by 66.4% during the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after acquiring an additional 170 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in TTM Technologies in the 4th quarter worth approximately $30,000. Finally, Truvestments Capital LLC purchased a new position in TTM Technologies in the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 95.79% of the company’s stock.
Wall Street Analyst Weigh In
TTMI has been the topic of a number of research reports. Stifel Nicolaus lifted 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. Wall Street Zen downgraded shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Needham & Company LLC lifted their price target on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Finally, B. Riley Financial boosted their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $212.00.
Get Our Latest Research Report on TTMI
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.
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