James Walsh Sells 2,113 Shares of TTM Technologies (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) COO James Walsh sold 2,113 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total value of $441,490.22. Following the completion of the transaction, the chief operating officer owned 33,783 shares in the company, valued at $7,058,620.02. This represents a 5.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

TTM Technologies Stock Down 2.4%

TTM Technologies stock traded down $4.69 during trading on Monday, hitting $186.80. 3,554,279 shares of the company were exchanged, compared to its average volume of 2,570,114. The company has a market capitalization of $19.40 billion, a P/E ratio of 100.97 and a beta of 2.10. The business’s 50 day moving average is $172.62 and its 200 day moving average is $120.41. TTM Technologies, Inc. has a 52 week low of $39.20 and a 52 week high of $223.83. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.09. The business had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The business’s revenue was up 30.4% on a year-over-year basis. During the same period last year, the business earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Analysts predict that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on TTMI. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. B. Riley Financial boosted their target price on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Needham & Company LLC upped their target price on TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Finally, Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. Based on data from MarketBeat, TTM Technologies presently has an average rating of “Buy” and an average target price of $212.00.

Institutional Trading of TTM Technologies

Several hedge funds have recently added to or reduced their stakes in TTMI. Invesco Ltd. grew its position in shares of TTM Technologies by 3.5% during the 4th quarter. Invesco Ltd. now owns 4,980,091 shares of the technology company’s stock valued at $343,626,000 after acquiring an additional 166,188 shares during the period. Whale Rock Capital Management LLC raised its holdings in shares of TTM Technologies by 112.1% in 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 purchasing an additional 2,260,035 shares during the period. Polar Capital Holdings Plc bought a new stake in shares of TTM Technologies in the 3rd quarter worth approximately $176,376,000. Geode Capital Management LLC lifted its stake in TTM Technologies by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock valued at $184,119,000 after purchasing an additional 81,588 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in TTM Technologies by 22.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,237,627 shares of the technology company’s stock valued at $154,396,000 after purchasing an additional 406,202 shares during the period. 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.