TTM Technologies (NASDAQ:TTMI) Insider Sells $636,743.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Tom Clapprood sold 3,035 shares of the business’s 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 $636,743.00. Following the completion of the sale, the insider owned 20,199 shares of the company’s stock, valued at $4,237,750.20. The trade was a 13.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

TTM Technologies Stock Down 9.1%

Shares of TTMI opened at $191.49 on Friday. TTM Technologies, Inc. has a 1 year low of $39.20 and a 1 year high of $223.83. 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 stock has a 50 day simple moving average of $172.62 and a two-hundred day simple moving average of $120.09. The firm has a market cap of $19.89 billion, a P/E ratio of 103.51 and a beta of 2.09.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS 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 the consensus estimate of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. During the same period last year, the firm posted $0.50 earnings per share. The business’s 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. On average, analysts forecast that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Key TTM Technologies News

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 Trading of TTM Technologies

Several large investors have recently modified their holdings of the business. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in TTM Technologies in the fourth quarter worth $668,000. Geode Capital Management LLC boosted its stake 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 purchasing an additional 81,588 shares in the last quarter. Wealth High Governance Capital Ltda increased its position in shares of TTM Technologies by 408.6% during the fourth 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 during the period. PNC Financial Services Group Inc. increased its position in shares of TTM Technologies by 338.6% during the third quarter. PNC Financial Services Group Inc. now owns 12,777 shares of the technology company’s stock valued at $736,000 after buying an additional 9,864 shares during the period. Finally, Royce & Associates LP raised its stake in TTM Technologies by 103.5% in the fourth 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. 95.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on TTMI shares. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Truist Financial boosted their target price on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Needham & Company LLC raised their price target on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Stifel Nicolaus boosted their price objective on TTM Technologies from $175.00 to $205.00 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 issued a Buy rating to the company’s stock. According to data from MarketBeat, TTM Technologies currently has an average rating of “Buy” and an average target price of $212.00.

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.