Elizabeth Romo Sells 720 Shares of TTM Technologies (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMIGet Free Report) CAO Elizabeth Romo sold 720 shares of the stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $208.92, for a total transaction of $150,422.40. Following the completion of the transaction, the chief accounting officer owned 13,492 shares in the company, valued at $2,818,748.64. This represents a 5.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

TTM Technologies Price Performance

TTMI opened at $187.02 on Wednesday. The company has a fifty day moving average price of $175.24 and a two-hundred day moving average price of $121.95. The firm has a market capitalization of $19.42 billion, a PE ratio of 101.09 and a beta of 2.09. TTM Technologies, Inc. has a 52 week low of $39.20 and a 52 week high of $223.83. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88.

TTM Technologies (NASDAQ:TTMIGet Free Report) last posted its quarterly earnings results 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 company had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. During the same quarter in the prior year, the business posted $0.50 EPS. The firm’s quarterly revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, analysts anticipate that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Truist Financial upped their price target on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. B. Riley Financial boosted their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Needham & Company LLC upped their target price on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $212.00.

View Our Latest Stock Analysis on TTMI

Hedge Funds Weigh In On TTM Technologies

Several institutional investors have recently modified their holdings of TTMI. Parallel Advisors LLC grew its position in shares of TTM Technologies by 36.2% in the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after purchasing an additional 87 shares during the period. Lido Advisors LLC increased its stake in TTM Technologies by 1.5% during the 4th quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after purchasing an additional 116 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in TTM Technologies by 4.5% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,289 shares of the technology company’s stock worth $320,000 after buying an additional 142 shares during the period. EverSource Wealth Advisors LLC lifted its stake in TTM Technologies by 12.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,347 shares of the technology company’s stock valued at $131,000 after buying an additional 150 shares in the last quarter. Finally, Tocqueville Asset Management L.P. lifted its stake in TTM Technologies by 0.8% in the fourth quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock valued at $1,301,000 after buying an additional 158 shares in the last quarter. Institutional investors own 95.79% of the company’s stock.

TTM Technologies News Summary

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

  • Positive Sentiment: TTM Technologies was upgraded to Zacks Rank #1 (Strong Buy), suggesting improved earnings expectations and stronger near-term sentiment from analysts. TTM upgraded to Strong Buy
  • Positive Sentiment: TTMI also made Zacks’ Best Momentum Stocks list, which can attract traders looking for continuing price strength. TTMI on Best Momentum Stocks list
  • Positive Sentiment: The stock was added to Zacks’ Strong Buy list, reinforcing bullish sentiment around its earnings outlook and momentum profile. TTMI added to Strong Buy list
  • Neutral Sentiment: Several company insiders, including the CAO, CFO, COO, and multiple EVPs, disclosed share sales at around $208.92-$208.95 per share. While these sales may weigh on sentiment, they were modest relative to their remaining holdings and were fully disclosed in SEC filings. Insider selling disclosures

About TTM Technologies

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for TTM Technologies (NASDAQ:TTMI)

Receive News & Ratings for TTM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies and related companies with MarketBeat.com's FREE daily email newsletter.