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 company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $208.94, for a total transaction of $441,490.22. Following the sale, the chief operating officer directly owned 33,783 shares in the company, valued at approximately $7,058,620.02. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

TTM Technologies Stock Performance

Shares of NASDAQ TTMI traded down $4.69 during midday trading on Monday, hitting $186.80. The company’s stock had a trading volume of 3,554,279 shares, compared to its average volume of 2,570,114. The firm has a market capitalization of $19.40 billion, a price-to-earnings ratio of 100.97 and a beta of 2.10. 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 stock has a fifty day moving average price of $172.62 and a 200 day moving average price of $120.41. TTM Technologies, Inc. has a one year low of $39.20 and a one year high of $223.83.

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

Analyst Upgrades and Downgrades

TTMI has been the topic of a number of recent research reports. Needham & Company LLC increased their price objective on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. B. Riley Financial increased their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $212.00.

Hedge Funds Weigh In On TTM Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC increased its stake in TTM Technologies by 36.2% in the 1st 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 last quarter. Lido Advisors LLC raised its holdings in shares of TTM Technologies by 1.5% in the 4th quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock valued at $553,000 after acquiring an additional 116 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in shares of 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 purchasing an additional 142 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of 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 purchasing an additional 150 shares in the last quarter. Finally, Tocqueville Asset Management L.P. increased its position in shares of TTM Technologies by 0.8% in the fourth quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock worth $1,301,000 after purchasing an additional 158 shares during the last quarter. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

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.