Insider Selling: TTM Technologies (NASDAQ:TTMI) Director Sells 3,784 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMI) Director Julie Spicer England sold 3,784 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $63.34, for a total transaction of $239,678.56. Following the completion of the sale, the director directly owned 106,541 shares in the company, valued at approximately $6,748,306.94. This trade represents a 3.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

TTM Technologies Trading Up 1.5%

Shares of NASDAQ:TTMI traded up $0.93 during midday trading on Wednesday, hitting $64.27. 1,739,619 shares of the stock traded hands, compared to its average volume of 1,610,804. The company has a quick ratio of 1.72, a current ratio of 2.03 and a debt-to-equity ratio of 0.56. The business’s 50 day moving average is $59.19 and its two-hundred day moving average is $46.24. The stock has a market capitalization of $6.64 billion, a PE ratio of 51.01 and a beta of 1.66. TTM Technologies, Inc. has a one year low of $15.77 and a one year high of $71.85.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. The company had revenue of $752.74 million for the quarter, compared to analysts’ expectations of $711.91 million. TTM Technologies had a return on equity of 13.43% and a net margin of 4.74%.TTM Technologies’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period last year, the firm earned $0.41 earnings per share. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. As a group, research analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Polar Capital Holdings Plc purchased a new position in shares of TTM Technologies during the third quarter valued at approximately $176,376,000. Invesco Ltd. increased its position in TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock valued at $277,281,000 after buying an additional 2,699,494 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in TTM Technologies by 575.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock valued at $105,490,000 after buying an additional 1,560,394 shares during the last quarter. Nuveen LLC bought a new stake in TTM Technologies in the first quarter worth $31,763,000. Finally, Westfield Capital Management Co. LP purchased a new stake in shares of TTM Technologies in the third quarter worth $57,271,000. 95.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on TTMI shares. Stifel Nicolaus upped their target price on TTM Technologies from $40.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, July 31st. B. Riley reissued a “buy” rating on shares of TTM Technologies in a research report on Thursday, October 30th. Needham & Company LLC raised their target price on shares of TTM Technologies from $77.00 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Wall Street Zen cut shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. Finally, Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat.com, TTM Technologies currently has a consensus rating of “Buy” and a consensus price target of $65.50.

About TTM Technologies

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.