TTM Technologies (NASDAQ:TTMI) EVP Sells $638,520.64 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Catherine Gridley sold 3,056 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $638,520.64. Following the transaction, the executive vice president directly owned 71,866 shares in the company, valued at approximately $15,015,682.04. This represents a 4.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

TTM Technologies Stock Performance

Shares of NASDAQ TTMI traded down $6.12 during trading on Monday, reaching $185.37. The stock had a trading volume of 2,642,340 shares, compared to its average volume of 2,561,977. TTM Technologies, Inc. has a one year low of $39.20 and a one year high of $223.83. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The stock has a market cap of $19.25 billion, a PE ratio of 100.40 and a beta of 2.10. The firm’s 50 day moving average price is $172.62 and its two-hundred day moving average price is $120.41.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.09. The firm 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 firm’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period last year, the business posted $0.50 earnings per share. 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 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TTM Technologies

Large investors have recently made changes to their positions in the company. Polar Capital Holdings Plc bought a new position in TTM Technologies in the 3rd quarter worth approximately $176,376,000. Invesco Ltd. boosted its position in TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after acquiring an additional 2,699,494 shares during the period. Whale Rock Capital Management LLC grew its stake in shares of TTM Technologies by 112.1% in the fourth 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 in the last quarter. Castle Hook Partners LP bought a new position in shares of TTM Technologies in the fourth quarter worth $133,351,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of TTM Technologies by 575.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock valued at $105,490,000 after purchasing an additional 1,560,394 shares during the period. Institutional investors and hedge funds own 95.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on TTMI shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. B. Riley Financial raised their target price 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. Stifel Nicolaus upped their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC increased their price target on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to MarketBeat, TTM Technologies presently has a consensus rating of “Buy” and a consensus target price of $212.00.

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.