TTM Technologies (NASDAQ:TTMI) EVP Daniel Weber Sells 2,915 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Daniel Weber sold 2,915 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $609,060.10. Following the sale, the executive vice president directly owned 88,250 shares in the company, valued at approximately $18,438,955. The trade was a 3.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

TTM Technologies Stock Down 2.4%

Shares of TTMI stock opened at $186.80 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The stock has a market cap of $19.40 billion, a PE ratio of 100.97 and a beta of 2.10. The business’s fifty day moving average is $174.02 and its 200-day moving average is $121.18. TTM Technologies, Inc. has a 1 year low of $39.20 and a 1 year high of $223.83.

TTM Technologies (NASDAQ:TTMI) last announced its 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 business 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 company’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the business posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities analysts expect that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

More 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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Truist Financial lifted their price objective on shares of 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 restated a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Stifel Nicolaus lifted their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Finally, B. Riley Financial increased their price objective on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. One equities research 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.com, TTM Technologies presently has a consensus rating of “Buy” and an average price target of $212.00.

Institutional Trading of TTM Technologies

A number of hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC boosted its holdings in shares of TTM Technologies by 36.2% in the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after buying an additional 87 shares during the period. Signature Equity Partners LLC purchased a new position in shares of TTM Technologies in the first quarter worth approximately $40,000. Optiver Holding B.V. raised its holdings in shares of TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after acquiring an additional 170 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of TTM Technologies during the fourth quarter valued at approximately $30,000. Finally, Truvestments Capital LLC purchased a new stake in shares of TTM Technologies in the 4th quarter valued at approximately $30,000. 95.79% of the stock is owned by hedge funds and other institutional investors.

TTM Technologies Company Profile

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.