TTM Technologies (NASDAQ:TTMI) EVP Daniel Weber Sells 12,000 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Daniel Weber sold 12,000 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $93.88, for a total value of $1,126,560.00. Following the sale, the executive vice president owned 94,621 shares of the company’s stock, valued at approximately $8,883,019.48. This represents a 11.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

TTM Technologies Stock Down 1.5%

Shares of NASDAQ:TTMI traded down $1.40 on Tuesday, reaching $90.41. The company had a trading volume of 440,988 shares, compared to its average volume of 3,216,249. The firm has a market capitalization of $9.34 billion, a PE ratio of 53.49 and a beta of 1.74. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52. TTM Technologies, Inc. has a 52-week low of $15.77 and a 52-week high of $111.00. The firm’s 50 day simple moving average is $84.11 and its 200-day simple moving average is $65.75.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The company had revenue of $763.53 million for the quarter, compared to the consensus estimate of $752.96 million. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The firm’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.60 earnings per share. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, analysts expect that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TTMI has been the subject of a number of analyst reports. Stifel Nicolaus set a $108.00 target price on shares of TTM Technologies in a research report on Thursday, February 5th. Needham & Company LLC raised their price objective on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Truist Financial set a $113.00 target price on TTM Technologies in a research note on Wednesday, January 14th. Weiss Ratings cut TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, February 4th. Finally, Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, TTM Technologies has an average rating of “Buy” and an average price target of $117.25.

Institutional Trading of TTM Technologies

Several large investors have recently made changes to their positions in the business. Decker Retirement Planning Inc. acquired a new stake in shares of TTM Technologies in the third quarter worth approximately $2,963,000. Horizon Investment Services LLC boosted its stake in TTM Technologies by 255.7% during the 3rd quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company’s stock worth $1,588,000 after purchasing an additional 19,820 shares during the last quarter. FengHe Fund Management Pte. Ltd. purchased a new stake in shares of TTM Technologies during the third quarter worth $54,148,000. JPMorgan Chase & Co. raised its position in shares of TTM Technologies by 9.7% in the second quarter. JPMorgan Chase & Co. now owns 652,034 shares of the technology company’s stock valued at $26,616,000 after buying an additional 57,606 shares during the last quarter. Finally, Oak Ridge Investments LLC purchased a new position in shares of TTM Technologies in the third quarter worth about $1,812,000. 95.79% of the stock is owned by hedge funds and other institutional investors.

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.