John Mayer Sells 9,167 Shares of TTM Technologies (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) Director John Mayer sold 9,167 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $68.13, for a total transaction of $624,547.71. Following the transaction, the director owned 165,140 shares in the company, valued at $11,250,988.20. The trade was a 5.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

TTM Technologies Stock Down 1.6%

Shares of NASDAQ TTMI opened at $63.34 on Wednesday. TTM Technologies, Inc. has a 1 year low of $15.77 and a 1 year high of $71.85. The firm has a 50-day simple moving average of $58.90 and a two-hundred day simple moving average of $46.12. The company has a market cap of $6.54 billion, a P/E ratio of 50.27 and a beta of 1.66. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.03 and a quick ratio of 1.72.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. TTM Technologies had a return on equity of 13.43% and a net margin of 4.74%.The firm had revenue of $752.74 million for the quarter, compared to the consensus estimate of $711.91 million. During the same period in the prior year, the business posted $0.41 earnings per share. The company’s revenue for the quarter was up 22.1% on a year-over-year basis. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Research 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 brokerages have recently issued reports on TTMI. Stifel Nicolaus boosted their target price on shares of TTM Technologies from $40.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Needham & Company LLC lifted their price objective on shares of TTM Technologies from $77.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Wall Street Zen cut shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Finally, B. Riley reaffirmed a “buy” rating on shares of TTM Technologies in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $65.50.

Institutional Investors Weigh In On TTM Technologies

Several large investors have recently modified their holdings of TTMI. Larson Financial Group LLC grew its position in TTM Technologies by 4.4% during the third quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock valued at $229,000 after buying an additional 167 shares during the period. Optiver Holding B.V. boosted its stake in shares of 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. Choreo LLC grew its position in shares of TTM Technologies by 1.4% during the 3rd quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock valued at $818,000 after acquiring an additional 191 shares during the period. GAMMA Investing LLC increased its stake in shares of TTM Technologies by 8.3% in the 3rd quarter. GAMMA Investing LLC now owns 3,512 shares of the technology company’s stock valued at $202,000 after purchasing an additional 268 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in TTM Technologies by 1.1% in the 1st quarter. Focus Partners Wealth now owns 31,944 shares of the technology company’s stock worth $655,000 after purchasing an additional 343 shares during the period. Institutional investors own 95.79% of the company’s stock.

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.