TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) EVP Daniel Weber sold 8,533 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total value of $1,790,223.40. Following the transaction, the executive vice president directly owned 86,088 shares of the company’s stock, valued at $18,061,262.40. This represents a 9.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
TTM Technologies Stock Performance
Shares of TTMI stock opened at $210.57 on Friday. The company’s fifty day moving average price is $171.13 and its 200-day moving average price is $119.59. The stock has a market cap of $21.87 billion, a PE ratio of 113.82 and a beta of 2.09. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. TTM Technologies, Inc. has a 12 month low of $39.20 and a 12 month high of $223.83.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (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 company had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. During the same period last year, the business earned $0.50 EPS. TTM Technologies’s quarterly revenue 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. On average, equities analysts expect that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.
More TTM Technologies News
- Positive Sentiment: TTM Technologies said it will be added to the Russell 1000 Index on June 26, replacing its current Russell 2000 membership. Index inclusion can boost demand from index funds and raise the stock’s visibility with institutional investors. Article Title
- Positive Sentiment: Recent coverage continues to frame TTMI as a growth stock, and the shares have also been hitting new highs, reinforcing bullish momentum after the company’s strong earnings report earlier this year. Article Title
- Neutral Sentiment: The company’s latest quarterly results were strong, with earnings and revenue both beating expectations and revenue rising 30.4% year over year, which remains a supportive backdrop for the stock.
- Negative Sentiment: Multiple executives and insiders, including the EVP, COO, CFO and other senior leaders, sold shares at around $209.80 per share. While insider selling does not always signal trouble, the broad pattern can weigh on investor sentiment because it suggests management may be taking some profits after the recent run-up. Article Title
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Optiver Holding B.V. grew its holdings in shares of TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after buying an additional 170 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in TTM Technologies in the 4th quarter worth approximately $30,000. Truvestments Capital LLC purchased a new position in TTM Technologies in the 4th quarter worth approximately $30,000. Rakuten Securities Inc. bought a new position in TTM Technologies in the 4th quarter valued at approximately $32,000. Finally, Parallel Advisors LLC lifted its position in 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 acquiring an additional 87 shares in the last quarter. 95.79% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
TTMI has been the subject of several recent research reports. Stifel Nicolaus lifted their target price on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. B. Riley Financial upped their price target on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Truist Financial raised their price objective on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. Finally, Needham & Company LLC boosted their target price on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $212.00.
Get Our Latest Analysis on TTM Technologies
TTM Technologies Company Profile
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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