TTM Technologies (NASDAQ:TTMI) Shares Gap Up After Insider Buying Activity

TTM Technologies, Inc. (NASDAQ:TTMI) gapped up prior to trading on Tuesday after an insider bought additional shares in the company. The stock had previously closed at $107.12, but opened at $113.00. TTM Technologies shares last traded at $111.8340, with a volume of 439,935 shares.

Specifically, CEO Edwin Roks bought 10,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were bought at an average price of $111.77 per share, for a total transaction of $1,117,700.00. Following the acquisition, the chief executive officer directly owned 64,814 shares of the company’s stock, valued at approximately $7,244,260.78. This trade represents a 18.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Wall Street Analyst Weigh In

TTMI has been the subject of several research reports. Needham & Company LLC restated a “buy” rating and set a $220.00 price target on shares of TTM Technologies in a report on Tuesday, August 18th. Weiss Ratings lowered shares of TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Truist Financial increased their target price on shares of TTM Technologies from $215.00 to $224.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Finally, B. Riley Financial boosted their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, TTM Technologies currently has a consensus rating of “Buy” and a consensus price target of $214.25.

Key Headlines Impacting TTM Technologies

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: AI data-center demand is strengthening the commercial business. TTM’s AI-driven data-center surge is improving Commercial segment sales, margins and backlog, while next-generation N+M printed-circuit-board revenue is expected to ramp in the second half of 2026. Can TTMI’s AI Data-Center Boom Reshape Its Commercial Business?
• Positive Sentiment: Management highlighted record growth on its earnings call. The update reinforces the view that demand from computing, communications and defense customers is translating into stronger bookings and future revenue visibility. TTM Technologies’ Earnings Call Highlights Record Growth
• Positive Sentiment: CEO Edwin Roks purchased 10,000 shares for approximately $1.12 million. The open-market purchase increased his direct stake by about 18%, a signal of management confidence in TTM’s outlook. TTM Technologies CEO Edwin Roks Buys 10,000 Shares
• Positive Sentiment: Recent earnings support the bullish narrative. TTM previously exceeded EPS and revenue expectations, with revenue up 37.4% year over year, while analysts maintain a consensus “Buy” rating and targets above the current trading level.
• Neutral Sentiment: Short-interest data offers little explanatory value. Reported short interest was zero, suggesting the move is not being driven by a conventional short squeeze, although the figure may reflect a reporting-data issue.
• Negative Sentiment: The CFO sold nearly 5,900 shares worth about $660,500. The sale represented roughly 8% of the CFO’s prior stake and may temper the positive insider-buying signal. Investors are also watching the cost and execution risks associated with the company’s planned acquisition. TTM Technologies CFO Sells Nearly 6,000 Shares

TTM Technologies Price Performance

The company has a market capitalization of $12.82 billion, a P/E ratio of 54.82 and a beta of 2.14. The stock’s fifty day simple moving average is $146.32 and its 200-day simple moving average is $136.52. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.78 and a quick ratio of 1.54.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.89 by $0.10. TTM Technologies had a return on equity of 15.67% and a net margin of 7.01%.The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $962.04 million. During the same period in the previous year, the business posted $0.58 EPS. The company’s revenue for the quarter was up 37.4% on a year-over-year basis. On average, equities analysts forecast that TTM Technologies, Inc. will post 4.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On TTM Technologies

Large investors have recently bought and sold shares of the stock. Harbor Investment Advisory LLC bought a new position in shares of TTM Technologies during the 2nd quarter worth about $29,000. Kestra Advisory Services LLC bought a new stake in shares of TTM Technologies in the fourth quarter valued at about $30,000. Truvestments Capital LLC acquired a new stake in TTM Technologies during the fourth quarter worth about $30,000. GoalVest Advisory LLC grew its position in TTM Technologies by 456.7% during the second quarter. GoalVest Advisory LLC now owns 167 shares of the technology company’s stock worth $31,000 after buying an additional 137 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in TTM Technologies by 36.2% during the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after acquiring an additional 87 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.