Shawn Powers Sells 3,367 Shares of TTM Technologies (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Shawn Powers sold 3,367 shares of the company’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $703,500.98. Following the transaction, the executive vice president owned 120,801 shares in the company, valued at approximately $25,240,160.94. This trade represents a 2.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

TTM Technologies Price Performance

TTMI traded down $6.12 during midday trading on Monday, hitting $185.37. The company had a trading volume of 2,642,340 shares, compared to its average volume of 2,561,977. TTM Technologies, Inc. has a twelve month low of $39.20 and a twelve month high of $223.83. The company has a market capitalization of $19.25 billion, a PE ratio of 100.40 and a beta of 2.10. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The firm’s 50-day simple moving average is $172.62 and its 200-day simple moving average is $120.41.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) 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 company had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. During the same period in the prior year, the business earned $0.50 earnings per share. TTM Technologies’s quarterly revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities research analysts predict that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Analyst Ratings Changes

TTMI has been the subject of several research reports. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. Truist Financial upped their price target on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Needham & Company LLC raised their price target on TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Finally, Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $212.00.

Institutional Trading of TTM Technologies

Several institutional investors and hedge funds have recently made changes to their positions in TTMI. Royal Bank of Canada boosted its position in shares of TTM Technologies by 66.6% in the 1st quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock worth $543,000 after purchasing an additional 10,565 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in TTM Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock valued at $1,232,000 after buying an additional 2,632 shares during the period. Goldman Sachs Group Inc. lifted its stake in TTM Technologies by 7.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $34,989,000 after buying an additional 115,766 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in TTM Technologies by 7.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,563 shares of the technology company’s stock worth $3,908,000 after buying an additional 13,691 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in TTM Technologies by 1,150.2% during the first quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock worth $2,869,000 after buying an additional 128,700 shares during the last quarter. Institutional investors own 95.79% of the company’s stock.

About TTM Technologies

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.