TTM Technologies (NASDAQ:TTMI) Director Sells $1,683,864.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) Director Thomas Edman sold 16,800 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

TTM Technologies Price Performance

TTM Technologies stock traded up $0.51 during trading hours on Thursday, reaching $97.59. 679,849 shares of the stock were exchanged, compared to its average volume of 2,537,006. 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 twelve month low of $15.77 and a twelve month high of $113.46. The company has a market cap of $10.13 billion, a P/E ratio of 57.67 and a beta of 1.76. The stock has a 50 day moving average of $98.14 and a two-hundred day moving average of $77.81.

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TTMI. Needham & Company LLC raised their target price on TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Stifel Nicolaus set a $108.00 price objective on TTM Technologies in a research report on Thursday, February 5th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Truist Financial set a $113.00 target price on TTM Technologies in a research report on Wednesday, January 14th. Finally, B. Riley Financial boosted their target price on TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $117.25.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TTMI. Polar Capital Holdings Plc acquired a new stake in TTM Technologies in the third quarter valued at $176,376,000. Invesco Ltd. lifted its holdings in TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after buying an additional 2,699,494 shares during the period. Whale Rock Capital Management LLC lifted its holdings in TTM Technologies by 112.1% during the 4th quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock worth $295,066,000 after buying an additional 2,260,035 shares during the period. Castle Hook Partners LP bought a new stake in shares of TTM Technologies in the 4th quarter valued at about $133,351,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of TTM Technologies by 575.7% in 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 period. 95.79% of the stock is currently owned by institutional investors and hedge funds.

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.