Insider Selling: TTM Technologies (NASDAQ:TTMI) EVP Sells $600,493.56 in Stock

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

TTM Technologies Price Performance

TTMI opened at $179.70 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. The company has a market capitalization of $18.66 billion, a price-to-earnings ratio of 97.14 and a beta of 2.09. The firm’s fifty day moving average price is $176.32 and its two-hundred day moving average price is $122.65. TTM Technologies, Inc. has a 1 year low of $39.20 and a 1 year high of $223.83.

TTM Technologies (NASDAQ:TTMI) last announced its earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating 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 the consensus estimate of $789.84 million. During the same quarter in the prior year, the company posted $0.50 earnings per share. The firm’s revenue for the quarter was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, analysts anticipate that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Key Stories Impacting TTM Technologies

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

• Positive Sentiment: Zacks recently highlighted TTMI as a top growth stock and added it to its Strong Buy/momentum lists, reinforcing bullish sentiment around the company’s earnings outlook and price momentum. Why TTM Technologies (TTMI) is a Top Growth Stock for the Long-Term
• Positive Sentiment: The company is benefiting from strong prior-quarter results and upbeat analyst targets, with recent reports noting earnings and revenue beat estimates and multiple firms maintaining Buy ratings. TTM Technologies stock page
• Positive Sentiment: Tradr announced leveraged ETFs tied to TTM Technologies, which may increase trading interest and improve visibility among active investors. Tradr Introduces Leveraged ETFs on Ciena, Quantinuum, Rambus, Tower Semiconductor and TTM Technologies

Hedge Funds Weigh In On TTM Technologies

Large investors have recently modified their holdings of the business. Eastern Bank raised its position in shares of TTM Technologies by 316.2% in the second 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 period. Pacer Advisors Inc. bought a new position in TTM Technologies in the 1st quarter worth approximately $1,722,000. Parallel Advisors LLC boosted its holdings in TTM Technologies by 36.2% in 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 period. NewEdge Advisors LLC grew its stake in TTM Technologies by 385.0% in the 1st 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. raised its holdings in TTM Technologies by 168.7% during the 1st quarter. Optiver Holding B.V. now owns 532 shares of the technology company’s stock valued at $52,000 after acquiring an additional 334 shares during the period. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on TTMI shares. Zacks Research cut shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday. 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 lifted their price target on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. B. Riley Financial boosted their price objective on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Truist Financial upped their price objective on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, TTM Technologies currently has an average rating of “Moderate Buy” and an average target price of $212.00.

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.