TTM Technologies (NASDAQ:TTMI) EVP Catherine Gridley Sells 3,056 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Catherine Gridley sold 3,056 shares of TTM Technologies stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total transaction of $638,520.64. Following the completion of the transaction, the executive vice president owned 71,866 shares of the company’s stock, valued at $15,015,682.04. This represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

TTM Technologies Trading Down 2.4%

NASDAQ:TTMI opened at $186.80 on Tuesday. TTM Technologies, Inc. has a 1 year low of $39.20 and a 1 year high of $223.83. The stock’s fifty day moving average price is $174.02 and its two-hundred day moving average price is $121.18. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. The company has a market cap of $19.40 billion, a P/E ratio of 100.97 and a beta of 2.10.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.09. The company had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, analysts expect that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TTMI. Truist Financial increased their price target on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Stifel Nicolaus upped their target price on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Finally, B. Riley Financial upped their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $212.00.

Key TTM Technologies News

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

Institutional Investors Weigh In On TTM Technologies

Several hedge funds have recently bought and sold shares of the stock. Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of TTM Technologies in the 4th quarter worth about $668,000. Geode Capital Management LLC raised its holdings in shares of TTM Technologies by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock valued at $184,119,000 after buying an additional 81,588 shares in the last quarter. Wealth High Governance Capital Ltda raised its holdings in shares of TTM Technologies by 408.6% during the 4th quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock valued at $12,632,000 after buying an additional 147,079 shares in the last quarter. Royce & Associates LP lifted its position 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 during the last quarter. Finally, Divisadero Street Capital Management LP bought a new stake in TTM Technologies in the 3rd quarter worth approximately $13,580,000. 95.79% of the stock is currently owned by 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.