TTM Technologies (NASDAQ:TTMI) EVP Shawn Powers Sells 3,367 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Shawn Powers sold 3,367 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $703,500.98. Following the completion of the transaction, the executive vice president directly owned 120,801 shares in the company, valued at $25,240,160.94. The trade was a 2.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

TTM Technologies Trading Down 2.4%

TTM Technologies stock opened at $186.80 on Tuesday. TTM Technologies, Inc. has a 52-week low of $39.20 and a 52-week high of $223.83. The company has a market cap of $19.40 billion, a P/E ratio of 100.97 and a beta of 2.10. 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 simple moving average of $174.02 and a two-hundred day simple moving average of $121.18.

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, topping the consensus estimate of $0.66 by $0.09. The firm had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Analysts predict that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Key Stories Impacting TTM Technologies

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

• Positive Sentiment: TTM Technologies was upgraded to Zacks Rank #1 (Strong Buy), signaling stronger earnings expectations and improved near-term sentiment. Article title
• Positive Sentiment: The stock also appeared on Zacks’ Best Momentum Stocks list, which can attract traders looking for strength and follow-through buying. Article title
• Positive Sentiment: TTMI was added to Zacks’ Strong Buy list, another sign that sentiment around earnings and price momentum remains favorable. Article title

Analysts Set New Price Targets

Several brokerages have recently weighed in on TTMI. Wall Street Zen cut shares of TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Stifel Nicolaus lifted their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Finally, Truist Financial boosted their price target on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $212.00.

Hedge Funds Weigh In On TTM Technologies

Large investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of TTM Technologies during the 4th quarter valued at $668,000. Geode Capital Management LLC boosted its holdings in TTM Technologies by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after buying an additional 81,588 shares during the period. Wealth High Governance Capital Ltda boosted its holdings in TTM Technologies by 408.6% in the 4th quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock worth $12,632,000 after buying an additional 147,079 shares during the period. Royce & Associates LP increased its stake in TTM Technologies by 103.5% in the 4th quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock worth $18,564,000 after buying an additional 136,845 shares in the last quarter. Finally, Divisadero Street Capital Management LP purchased a new stake in TTM Technologies in the 3rd quarter worth $13,580,000. 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.