TTM Technologies (NASDAQ:TTMI) CFO Sells $881,308.92 in Stock

TTM Technologies, Inc. (NASDAQ:TTMIGet Free Report) CFO Daniel Boehle sold 4,218 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $881,308.92. Following the transaction, the chief financial officer owned 75,055 shares in the company, valued at approximately $15,681,991.70. This trade represents a 5.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

TTM Technologies Stock Performance

NASDAQ:TTMI opened at $179.70 on Thursday. The stock has a 50 day simple moving average of $176.32 and a 200 day simple moving average of $122.65. The stock has a market cap of $18.66 billion, a P/E ratio of 97.14 and a beta of 2.09. TTM Technologies, Inc. has a 1-year low of $39.20 and a 1-year high of $223.83. 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 (NASDAQ:TTMIGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.09. The firm had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The company’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Research analysts anticipate that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Eastern Bank increased its stake in shares of TTM Technologies by 316.2% in the 2nd quarter. Eastern Bank now owns 820 shares of the technology company’s stock valued at $153,000 after purchasing an additional 623 shares during the last quarter. Pacer Advisors Inc. bought a new stake in shares of TTM Technologies during the 1st quarter worth $1,722,000. Parallel Advisors LLC lifted its position in shares of TTM Technologies by 36.2% during the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after buying an additional 87 shares during the last quarter. NewEdge Advisors LLC boosted its stake in TTM Technologies by 385.0% in the first quarter. NewEdge Advisors LLC now owns 12,581 shares of the technology company’s stock valued at $1,226,000 after buying an additional 9,987 shares in the last quarter. Finally, Optiver Holding B.V. boosted its stake in TTM Technologies by 168.7% in the first quarter. Optiver Holding B.V. now owns 532 shares of the technology company’s stock valued at $52,000 after buying an additional 334 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors and hedge funds.

TTM Technologies News Summary

Here are the key news stories impacting TTM Technologies this week:

Analyst Ratings Changes

TTMI has been the topic of a number of analyst reports. Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Truist Financial boosted 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. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Zacks Research cut TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday. Finally, Stifel Nicolaus upped their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $212.00.

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About TTM Technologies

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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.

Further Reading

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

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