TTM Technologies (NASDAQ:TTMI) COO Sells $441,490.22 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) COO James Walsh sold 2,113 shares of the company’s 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 $441,490.22. Following the transaction, 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 document filed with the SEC, which can be accessed through the SEC website.

TTM Technologies Trading Down 3.9%

Shares of TTM Technologies stock opened at $179.70 on Thursday. The stock has a market capitalization of $18.66 billion, a PE ratio of 97.14 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 stock has a 50 day moving average price of $176.32 and a two-hundred day moving average price of $122.65. 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 (NASDAQ:TTMI) last issued its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The company had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. During the same period in the prior year, the firm earned $0.50 earnings per share. TTM Technologies’s revenue for the quarter was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, equities analysts anticipate that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Hedge Funds Weigh In On TTM Technologies

Hedge funds have recently bought and sold shares of the company. Invesco Ltd. grew its stake in shares of TTM Technologies by 3.5% in the 4th quarter. Invesco Ltd. now owns 4,980,091 shares of the technology company’s stock worth $343,626,000 after acquiring an additional 166,188 shares in the last quarter. Whale Rock Capital Management LLC lifted its position in shares of TTM Technologies by 112.1% during the fourth quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock valued at $295,066,000 after purchasing an additional 2,260,035 shares in the last quarter. Polar Capital Holdings Plc purchased a new position in TTM Technologies during the third quarter worth about $176,376,000. Geode Capital Management LLC boosted its holdings in TTM Technologies by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after purchasing an additional 81,588 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in TTM Technologies by 22.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,237,627 shares of the technology company’s stock worth $154,396,000 after purchasing an additional 406,202 shares in the last quarter. 95.79% of the stock is owned by hedge funds and other institutional investors.

Key TTM Technologies News

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

• Positive Sentiment: Zacks recently highlighted TTMI as a top growth stock and added it to its Strong Buy/momentum lists, reinforcing bullish sentiment around the company’s earnings outlook and price momentum. Why TTM Technologies (TTMI) is a Top Growth Stock for the Long-Term
• Positive Sentiment: The company is benefiting from strong prior-quarter results and upbeat analyst targets, with recent reports noting earnings and revenue beat estimates and multiple firms maintaining Buy ratings. TTM Technologies stock page
• Positive Sentiment: Tradr announced leveraged ETFs tied to TTM Technologies, which may increase trading interest and improve visibility among active investors. Tradr Introduces Leveraged ETFs on Ciena, Quantinuum, Rambus, Tower Semiconductor and TTM Technologies

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TTMI shares. Stifel Nicolaus raised their price objective 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. Needham & Company LLC boosted their target price on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Wall Street Zen cut shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, B. Riley Financial boosted their price objective on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average 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.