TTM Technologies (NASDAQ:TTMI) Insider Sells $239,600.68 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Robert Farrell sold 3,476 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $68.93, for a total value of $239,600.68. Following the completion of the sale, the insider owned 20,346 shares of the company’s stock, valued at $1,402,449.78. This trade represents a 14.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

TTM Technologies Price Performance

Shares of TTMI stock traded down $3.58 during trading hours on Tuesday, reaching $66.29. The company had a trading volume of 2,525,954 shares, compared to its average volume of 1,575,617. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.72 and a current ratio of 2.03. The stock has a fifty day moving average of $54.23 and a 200-day moving average of $42.50. The company has a market capitalization of $6.85 billion, a price-to-earnings ratio of 52.61 and a beta of 1.63. TTM Technologies, Inc. has a 12-month low of $15.77 and a 12-month high of $70.12.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The business had revenue of $752.74 million during the quarter, compared to analyst estimates of $711.91 million. TTM Technologies had a return on equity of 13.43% and a net margin of 4.74%.The business’s revenue was up 22.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.41 earnings per share. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. On average, equities analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TTMI. Wall Street Zen lowered TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. B. Riley reiterated a “buy” rating on shares of TTM Technologies in a report on Thursday, October 30th. Needham & Company LLC upped their price objective on TTM Technologies from $65.00 to $77.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Finally, Zacks Research cut TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. 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.com, TTM Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $65.00.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Penserra Capital Management LLC acquired a new position in TTM Technologies during the third quarter worth $119,000. State of Wyoming acquired a new stake in shares of TTM Technologies in the third quarter valued at $428,000. Principal Financial Group Inc. raised its stake in shares of TTM Technologies by 15.5% in the third quarter. Principal Financial Group Inc. now owns 632,243 shares of the technology company’s stock valued at $36,417,000 after acquiring an additional 84,761 shares in the last quarter. Independent Advisor Alliance acquired a new stake in shares of TTM Technologies in the third quarter valued at $5,080,000. Finally, Lisanti Capital Growth LLC raised its stake in shares of TTM Technologies by 142.2% in the third quarter. Lisanti Capital Growth LLC now owns 92,107 shares of the technology company’s stock valued at $5,305,000 after acquiring an additional 54,072 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors and hedge funds.

About TTM Technologies

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.