TTM Technologies (NASDAQ:TTMI) Shares Gap Up Following Insider Buying Activity

Shares of TTM Technologies, Inc. (NASDAQ:TTMI) gapped up prior to trading on Tuesday after an insider bought additional shares in the company. The stock had previously closed at $107.12, but opened at $113.00. TTM Technologies shares last traded at $111.8340, with a volume of 439,935 shares changing hands.

Specifically, CEO Edwin Roks purchased 10,000 shares of the stock in a transaction dated Tuesday, August 25th. The shares were purchased at an average cost of $111.77 per share, with a total value of $1,117,700.00. Following the acquisition, the chief executive officer directly owned 64,814 shares of the company’s stock, valued at $7,244,260.78. This represents a 18.24% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Analysts Set New Price Targets

Several brokerages recently commented on TTMI. Weiss Ratings lowered TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Needham & Company LLC reissued a “buy” rating and issued a $220.00 target price on shares of TTM Technologies in a report on Tuesday, August 18th. Wall Street Zen raised TTM Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 22nd. Truist Financial boosted their price target on TTM Technologies from $215.00 to $224.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, B. Riley Financial upped their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $214.25.

Trending Headlines about TTM Technologies

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

• Positive Sentiment: AI data-center demand is strengthening the commercial business. TTM’s AI-driven data-center surge is improving Commercial segment sales, margins and backlog, while next-generation N+M printed-circuit-board revenue is expected to ramp in the second half of 2026. Can TTMI’s AI Data-Center Boom Reshape Its Commercial Business?
• Positive Sentiment: Management highlighted record growth on its earnings call. The update reinforces the view that demand from computing, communications and defense customers is translating into stronger bookings and future revenue visibility. TTM Technologies’ Earnings Call Highlights Record Growth
• Positive Sentiment: CEO Edwin Roks purchased 10,000 shares for approximately $1.12 million. The open-market purchase increased his direct stake by about 18%, a signal of management confidence in TTM’s outlook. TTM Technologies CEO Edwin Roks Buys 10,000 Shares
• Positive Sentiment: Recent earnings support the bullish narrative. TTM previously exceeded EPS and revenue expectations, with revenue up 37.4% year over year, while analysts maintain a consensus “Buy” rating and targets above the current trading level.
• Neutral Sentiment: Short-interest data offers little explanatory value. Reported short interest was zero, suggesting the move is not being driven by a conventional short squeeze, although the figure may reflect a reporting-data issue.
• Negative Sentiment: The CFO sold nearly 5,900 shares worth about $660,500. The sale represented roughly 8% of the CFO’s prior stake and may temper the positive insider-buying signal. Investors are also watching the cost and execution risks associated with the company’s planned acquisition. TTM Technologies CFO Sells Nearly 6,000 Shares

TTM Technologies Trading Up 8.4%

The company has a quick ratio of 1.54, a current ratio of 1.78 and a debt-to-equity ratio of 0.50. The stock has a fifty day simple moving average of $146.32 and a 200 day simple moving average of $136.52. The firm has a market capitalization of $12.82 billion, a P/E ratio of 54.82 and a beta of 2.14.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.89 by $0.10. TTM Technologies had a return on equity of 15.67% and a net margin of 7.01%.The business had revenue of $1 billion for the quarter, compared to the consensus estimate of $962.04 million. During the same period in the previous year, the business earned $0.58 earnings per share. The business’s revenue was up 37.4% on a year-over-year basis. As a group, research analysts forecast that TTM Technologies, Inc. will post 4.26 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its position in shares of TTM Technologies by 1.8% during the second quarter. GAMMA Investing LLC now owns 4,340 shares of the technology company’s stock worth $812,000 after purchasing an additional 75 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of TTM Technologies by 36.2% during the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after purchasing an additional 87 shares during the last quarter. Lido Advisors LLC boosted its position 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 worth $553,000 after purchasing an additional 116 shares in the last quarter. GoalVest Advisory LLC boosted its position in shares of TTM Technologies by 456.7% in the 2nd quarter. GoalVest Advisory LLC now owns 167 shares of the technology company’s stock worth $31,000 after purchasing an additional 137 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its stake in TTM Technologies by 4.5% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock worth $320,000 after buying an additional 142 shares during the last quarter. 95.79% of the stock is 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.