TTM Technologies (NASDAQ:TTMI) EVP Sells 2,874 Shares

TTM Technologies, Inc. (NASDAQ:TTMIGet Free Report) EVP Douglas Soder sold 2,874 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $600,493.56. Following the sale, the executive vice president owned 210,634 shares in the company, valued at approximately $44,009,867.96. This trade represents a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

TTM Technologies Trading Down 3.2%

NASDAQ TTMI traded down $6.12 during trading hours on Monday, reaching $185.37. The company’s stock had a trading volume of 2,642,340 shares, compared to its average volume of 2,561,977. The firm has a fifty day simple moving average of $172.62 and a 200-day simple moving average of $120.41. The stock has a market cap of $19.25 billion, a P/E ratio of 100.40 and a beta of 2.10. TTM Technologies, Inc. has a 52 week low of $39.20 and a 52 week high of $223.83. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61.

TTM Technologies (NASDAQ:TTMIGet Free Report) last posted its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates 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 previous year, the firm posted $0.50 EPS. The company’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 forecast that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TTMI. Wall Street Zen downgraded TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Needham & Company LLC raised their price target on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Finally, Truist Financial raised their target price on TTM Technologies from $180.00 to $215.00 and gave the stock 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 given a Buy rating to the company. Based on data from MarketBeat.com, TTM Technologies has an average rating of “Buy” and a consensus target price of $212.00.

Check Out Our Latest Stock Analysis on TTM Technologies

Hedge Funds Weigh In On TTM Technologies

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

TTM Technologies Company Profile

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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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Insider Buying and Selling by Quarter for TTM Technologies (NASDAQ:TTMI)

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