Insider Selling: TTM Technologies (NASDAQ:TTMI) EVP Sells $1,881,066.80 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Catherine Gridley sold 8,966 shares of TTM Technologies stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total value of $1,881,066.80. Following the completion of the sale, the executive vice president owned 69,679 shares in the company, valued at approximately $14,618,654.20. This represents a 11.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

TTM Technologies Price Performance

Shares of TTM Technologies stock opened at $191.49 on Friday. The business has a 50 day moving average of $172.62 and a 200 day moving average of $120.09. 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 $19.89 billion, a PE 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.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. During the same period in the previous year, the firm earned $0.50 EPS. The company’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 forecast that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TTMI. B. Riley Financial upped their target price on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC increased their price objective on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Stifel Nicolaus boosted their target price on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. Based on data from MarketBeat.com, TTM Technologies currently has an average rating of “Buy” and a consensus target price of $212.00.

TTM Technologies News Roundup

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

Institutional Investors Weigh In On TTM Technologies

A number of institutional investors have recently made changes to their positions in the company. Optiver Holding B.V. raised its holdings in TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after acquiring an additional 170 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of TTM Technologies in the 4th quarter worth $30,000. Truvestments Capital LLC purchased a new position in shares of TTM Technologies in the fourth quarter worth $30,000. Rakuten Securities Inc. purchased a new position in shares of TTM Technologies in the fourth quarter worth $32,000. Finally, Parallel Advisors LLC lifted its holdings in shares of TTM Technologies by 36.2% during the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after purchasing an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

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.