Insider Selling: TTM Technologies (NASDAQ:TTMI) EVP Sells $1,790,223.40 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Daniel Weber sold 8,533 shares of TTM Technologies stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total value of $1,790,223.40. Following the completion of the sale, the executive vice president owned 86,088 shares in the company, valued at $18,061,262.40. This represents a 9.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

TTM Technologies Trading Up 0.4%

Shares of TTM Technologies stock traded up $0.83 during trading hours on Thursday, hitting $210.57. The company’s stock had a trading volume of 1,606,178 shares, compared to its average volume of 2,439,590. The stock has a market cap of $21.87 billion, a price-to-earnings ratio of 113.82 and a beta of 2.09. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. TTM Technologies, Inc. has a twelve month low of $39.20 and a twelve month high of $223.83. The firm has a fifty day moving average of $169.33 and a 200-day moving average of $118.62.

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, topping analysts’ consensus estimates of $0.66 by $0.09. The firm had revenue of $845.98 million during the quarter, compared to the consensus estimate of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The company’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period last year, the company earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Research analysts forecast that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on TTMI shares. Stifel Nicolaus boosted their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. B. Riley Financial lifted their target price 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. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Truist Financial boosted their target price on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Finally, Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $212.00.

TTM Technologies News Summary

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

• Positive Sentiment: TTM Technologies said it will be added to the Russell 1000 Index on June 26, replacing its current Russell 2000 membership. Index inclusion can boost demand from index funds and raise the stock’s visibility with institutional investors. Article Title
• Positive Sentiment: Recent coverage continues to frame TTMI as a growth stock, and the shares have also been hitting new highs, reinforcing bullish momentum after the company’s strong earnings report earlier this year. Article Title
• Neutral Sentiment: The company’s latest quarterly results were strong, with earnings and revenue both beating expectations and revenue rising 30.4% year over year, which remains a supportive backdrop for the stock.
• Negative Sentiment: Multiple executives and insiders, including the EVP, COO, CFO and other senior leaders, sold shares at around $209.80 per share. While insider selling does not always signal trouble, the broad pattern can weigh on investor sentiment because it suggests management may be taking some profits after the recent run-up. Article Title

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Optiver Holding B.V. increased its stake in TTM Technologies by 66.4% during the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after buying an additional 170 shares during the period. Kestra Advisory Services LLC purchased a new position in TTM Technologies in the 4th quarter valued at approximately $30,000. Truvestments Capital LLC purchased a new position in TTM Technologies in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. acquired a new position in shares of TTM Technologies in the fourth quarter worth $32,000. Finally, Parallel Advisors LLC increased its position in shares of TTM Technologies by 36.2% during the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after acquiring an additional 87 shares during the period. Institutional investors and hedge funds own 95.79% of the company’s stock.

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.