TTM Technologies (NASDAQ:TTMI) Shares Up 9.8% – What’s Next?

TTM Technologies, Inc. (NASDAQ:TTMI) traded up 9.8% during mid-day trading on Monday . The company traded as high as $100.34 and last traded at $100.51. 422,087 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 2,633,597 shares. The stock had previously closed at $91.54.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. B. Riley Financial lifted their price objective on TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Stifel Nicolaus set a $108.00 price objective on TTM Technologies in a research note on Thursday, February 5th. Truist Financial set a $113.00 target price on TTM Technologies in a research note on Wednesday, January 14th. Finally, Needham & Company LLC boosted their price target on TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and an average target price of $117.25.

TTM Technologies Trading Up 12.0%

The firm’s 50 day simple moving average is $97.69 and its two-hundred day simple moving average is $75.13. The stock has a market capitalization of $10.64 billion, a P/E ratio of 60.60 and a beta of 1.74. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.68 by $0.02. The company had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The firm’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period last year, the business posted $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Buying and Selling at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $101.62, for a total transaction of $1,707,216.00. Following the completion of the transaction, the director directly owned 855,171 shares of the company’s stock, valued at $86,902,477.02. This represents a 1.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $105.94, for a total value of $2,118,800.00. Following the completion of the transaction, the executive vice president owned 78,645 shares in the company, valued at approximately $8,331,651.30. The trade was a 20.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 105,150 shares of company stock worth $9,900,522 over the last three months. 1.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TTM Technologies

Large investors have recently added to or reduced their stakes in the company. Lido Advisors LLC raised its stake in 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 during the period. Tocqueville Asset Management L.P. increased its stake 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 in the last quarter. Larson Financial Group LLC raised its position in shares of TTM Technologies by 4.4% in the third quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock valued at $229,000 after purchasing an additional 167 shares during the period. Optiver Holding B.V. lifted its stake in shares of TTM Technologies by 66.4% during the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after buying an additional 170 shares in the last quarter. Finally, Choreo LLC grew its stake in TTM Technologies by 1.4% in the 3rd quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock valued at $818,000 after buying an additional 191 shares in the last quarter. Hedge funds and other institutional investors 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.