TTM Technologies (NASDAQ:TTMI) Director Thomas Edman Sells 16,800 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) Director Thomas Edman sold 16,800 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

TTM Technologies Stock Performance

Shares of NASDAQ TTMI traded up $0.51 during midday trading on Thursday, hitting $97.59. 679,849 shares of the company’s stock were exchanged, compared to its average volume of 2,537,006. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $10.13 billion, a PE ratio of 57.67 and a beta of 1.76. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $113.46. The company’s 50 day moving average price is $98.14 and its 200 day moving average price is $77.81.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The business had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. During the same quarter last year, the firm posted $0.60 EPS. The company’s quarterly revenue was up 19.0% on a year-over-year basis. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, analysts predict that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Stifel Nicolaus set a $108.00 price target on shares of TTM Technologies in a report on Thursday, February 5th. Needham & Company LLC boosted their price objective on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Truist Financial set a $113.00 price target on TTM Technologies in a report on Wednesday, January 14th. Finally, Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat.com, TTM Technologies has a consensus rating of “Buy” and an average price target of $117.25.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of TTM Technologies by 0.5% in the third quarter. Vanguard Group Inc. now owns 13,156,053 shares of the technology company’s stock valued at $757,789,000 after buying an additional 60,002 shares during the period. Invesco Ltd. increased its stake in TTM Technologies by 3.5% during the 4th quarter. Invesco Ltd. now owns 4,980,091 shares of the technology company’s stock worth $343,626,000 after acquiring an additional 166,188 shares during the period. Whale Rock Capital Management LLC raised its holdings in TTM Technologies by 112.1% in the 4th quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock valued at $295,066,000 after acquiring an additional 2,260,035 shares in the last quarter. Polar Capital Holdings Plc bought a new stake in shares of TTM Technologies during the 3rd quarter valued at $176,376,000. Finally, Geode Capital Management LLC lifted its position in shares of TTM Technologies by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock valued at $184,119,000 after acquiring an additional 81,588 shares during the period. Institutional investors and hedge funds own 95.79% of the company’s stock.

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.