Insider Selling: TTM Technologies (NASDAQ:TTMI) Insider Sells $636,743.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Tom Clapprood sold 3,035 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total transaction of $636,743.00. Following the completion of the sale, the insider directly owned 20,199 shares of the company’s stock, valued at approximately $4,237,750.20. The trade was a 13.06% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

TTM Technologies Price Performance

TTMI traded up $0.83 during midday trading on Thursday, hitting $210.57. 1,606,178 shares of the company traded hands, compared to its average volume of 2,439,590. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $21.87 billion, a price-to-earnings ratio of 113.82 and a beta of 2.09. TTM Technologies, Inc. has a 52-week low of $39.20 and a 52-week high of $223.83. The business has a 50 day simple moving average of $169.33 and a two-hundred day simple moving average of $118.62.

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

Key Headlines Impacting TTM Technologies

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

Analyst Ratings Changes

A number of equities analysts have commented on the company. Truist Financial increased their target price on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Stifel Nicolaus boosted their price target on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Finally, Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to MarketBeat.com, TTM Technologies has a consensus rating of “Buy” and a consensus price target of $212.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC grew its position in shares of TTM Technologies by 36.2% in the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after purchasing an additional 87 shares in the last quarter. Lido Advisors LLC lifted its position in TTM Technologies by 1.5% during the fourth quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after buying an additional 116 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its position in TTM Technologies by 4.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock worth $320,000 after buying an additional 142 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in TTM Technologies by 12.5% during the first quarter. EverSource Wealth Advisors LLC now owns 1,347 shares of the technology company’s stock worth $131,000 after buying an additional 150 shares during the last quarter. Finally, Tocqueville Asset Management L.P. boosted its stake in TTM Technologies by 0.8% during the fourth quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock worth $1,301,000 after buying an additional 158 shares during the last quarter. 95.79% of the stock is currently owned by institutional investors and hedge funds.

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.