TTM Technologies (NASDAQ:TTMI) Shares Down 7.9% – Should You Sell?

TTM Technologies, Inc. (NASDAQ:TTMI)’s share price fell 7.9% during trading on Monday . The company traded as low as $123.43 and last traded at $121.08. 248,504 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 2,511,873 shares. The stock had previously closed at $131.41.

Wall Street Analyst Weigh In

TTMI has been the subject of a number of analyst reports. Weiss Ratings lowered TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, July 20th. Truist Financial lifted their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Needham & Company LLC upped their price target on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, June 18th. B. Riley Financial increased their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Finally, Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, TTM Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $212.00.

TTM Technologies Price Performance

The business has a 50 day moving average of $173.34 and a 200 day moving average of $131.40. The company has a market cap of $12.63 billion, a PE ratio of 65.61 and a beta of 2.10. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The business had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, research analysts predict that TTM Technologies, Inc. will post 3.66 EPS for the current year.

Insider Activity

In other TTM Technologies news, EVP Shawn A. Powers sold 3,367 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $208.94, for a total value of $703,500.98. Following the completion of the sale, the executive vice president directly owned 120,801 shares in the company, valued at $25,240,160.94. This trade represents a 2.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Douglas L. Soder sold 2,874 shares of the firm’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 $600,493.56. Following the completion of the sale, the executive vice president owned 210,634 shares of the company’s stock, valued at $44,009,867.96. This trade represents a 1.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 82,043 shares of company stock worth $17,191,859. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Harbor Investment Advisory LLC purchased a new position in shares of TTM Technologies in the 2nd quarter valued at approximately $29,000. Kestra Advisory Services LLC purchased a new stake in TTM Technologies in the fourth quarter worth $30,000. Truvestments Capital LLC bought a new position in TTM Technologies in the fourth quarter worth $30,000. GoalVest Advisory LLC raised its holdings in TTM Technologies by 456.7% in the second quarter. GoalVest Advisory LLC now owns 167 shares of the technology company’s stock worth $31,000 after purchasing an additional 137 shares in the last quarter. Finally, Rakuten Securities Inc. purchased a new position in TTM Technologies during the fourth quarter valued at $32,000. Hedge funds and other 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.