TTM Technologies (NASDAQ:TTMI) EVP Shawn Powers Sells 9,856 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Shawn Powers sold 9,856 shares of TTM Technologies stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total value of $2,067,788.80. Following the transaction, the executive vice president owned 119,268 shares of the company’s stock, valued at $25,022,426.40. The trade was a 7.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

TTM Technologies Trading Up 0.4%

NASDAQ TTMI opened at $210.57 on Friday. TTM Technologies, Inc. has a 12 month low of $39.20 and a 12 month high of $223.83. 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’s fifty day moving average price is $171.13 and its 200-day moving average price is $119.59. The stock has a market cap of $21.87 billion, a P/E ratio of 113.82 and a beta of 2.09.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results 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. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. During the same quarter in the previous year, the firm earned $0.50 EPS. TTM Technologies’s quarterly revenue was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, equities analysts forecast that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TTMI shares. Needham & Company LLC raised their price target on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Wall Street Zen downgraded TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. B. Riley Financial boosted their price target on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Stifel Nicolaus upped their price target on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat, TTM Technologies has a consensus rating of “Buy” and an average price target of $212.00.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of TTMI. Royal Bank of Canada raised its holdings in TTM Technologies by 66.6% in the 1st quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock worth $543,000 after purchasing an additional 10,565 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in TTM Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock worth $1,232,000 after buying an additional 2,632 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of TTM Technologies by 7.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock worth $34,989,000 after buying an additional 115,766 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of TTM Technologies by 7.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,563 shares of the technology company’s stock worth $3,908,000 after buying an additional 13,691 shares during the period. Finally, Jane Street Group LLC lifted its position in shares of TTM Technologies by 1,150.2% during the 1st quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock valued at $2,869,000 after buying an additional 128,700 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

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.