Douglas Soder Sells 8,902 Shares of TTM Technologies (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Douglas Soder sold 8,902 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $209.79, for a total transaction of $1,867,550.58. Following the sale, the executive vice president owned 208,245 shares in the company, valued at approximately $43,687,718.55. The trade was a 4.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

TTM Technologies Stock Performance

NASDAQ TTMI opened at $191.49 on Friday. The firm has a market cap of $19.89 billion, a price-to-earnings ratio of 103.51 and a beta of 2.09. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. The business has a 50-day moving average price of $172.62 and a 200-day moving average price of $120.09. TTM Technologies, Inc. has a twelve month low of $39.20 and a twelve month high of $223.83.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating 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 firm had revenue of $845.98 million during the quarter, compared to analyst estimates of $789.84 million. During the same quarter last year, the business posted $0.50 earnings per share. The business’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 research analysts predict that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on TTMI shares. Truist Financial boosted their target price on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Needham & Company LLC lifted their target price on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Stifel Nicolaus upped their price target on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat, TTM Technologies currently has a consensus rating of “Buy” and an average price target of $212.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada grew its stake in shares of TTM Technologies by 66.6% in the 1st quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock valued at $543,000 after buying an additional 10,565 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of TTM Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock valued at $1,232,000 after buying an additional 2,632 shares during the period. Goldman Sachs Group Inc. raised its position in shares of TTM Technologies by 7.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $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 lifted its holdings in 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 valued at $3,908,000 after acquiring an additional 13,691 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in TTM Technologies by 1,150.2% in the first quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock valued at $2,869,000 after acquiring an additional 128,700 shares during the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

Key TTM Technologies News

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

• Positive Sentiment: TTM Technologies will join the Russell 1000 Index on June 26 after moving up from the Russell 2000. Index inclusion can lift demand from passive funds and increase institutional visibility. Russell 1000 Index inclusion announcement
• Positive Sentiment: The company’s recent results were strong, with revenue and earnings beating expectations and sales up sharply year over year, supporting the longer-term bullish case for TTMI.
• Neutral Sentiment: TTM also announced a European expansion deal and a new credit agreement earlier this month, which could support growth but also adds execution and financing considerations.
• Negative Sentiment: Multiple insiders, including the COO, CFO, and several EVPs, sold shares near recent highs. The broad insider selling is likely weighing on sentiment and may be reinforcing concerns that the stock had gotten ahead of itself after its rally. Insider sale SEC filing

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.