TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) CEO Edwin Roks purchased 10,000 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was bought at an average cost of $111.77 per share, with a total value of $1,117,700.00. Following the acquisition, the chief executive officer owned 64,814 shares of the company’s stock, valued at approximately $7,244,260.78. The trade was a 18.24% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
TTM Technologies Trading Up 8.4%
NASDAQ:TTMI opened at $121.70 on Thursday. TTM Technologies, Inc. has a 12 month low of $42.69 and a 12 month high of $223.83. The firm has a fifty day simple moving average of $146.32 and a 200-day simple moving average of $136.52. The company has a current ratio of 1.78, a quick ratio of 1.54 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $12.82 billion, a P/E ratio of 54.82 and a beta of 2.14.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last released its earnings results on Thursday, August 6th. The technology company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.10. The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $962.04 million. TTM Technologies had a return on equity of 15.67% and a net margin of 7.01%.The firm’s revenue was up 37.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 EPS. On average, equities research analysts anticipate that TTM Technologies, Inc. will post 4.26 earnings per share for the current year.
TTM Technologies News Summary
- Positive Sentiment: AI data-center demand is strengthening the commercial business. TTM’s AI-driven data-center surge is improving Commercial segment sales, margins and backlog, while next-generation N+M printed-circuit-board revenue is expected to ramp in the second half of 2026. Can TTMI’s AI Data-Center Boom Reshape Its Commercial Business?
- Positive Sentiment: Management highlighted record growth on its earnings call. The update reinforces the view that demand from computing, communications and defense customers is translating into stronger bookings and future revenue visibility. TTM Technologies’ Earnings Call Highlights Record Growth
- Positive Sentiment: CEO Edwin Roks purchased 10,000 shares for approximately $1.12 million. The open-market purchase increased his direct stake by about 18%, a signal of management confidence in TTM’s outlook. TTM Technologies CEO Edwin Roks Buys 10,000 Shares
- Positive Sentiment: Recent earnings support the bullish narrative. TTM previously exceeded EPS and revenue expectations, with revenue up 37.4% year over year, while analysts maintain a consensus “Buy” rating and targets above the current trading level.
- Neutral Sentiment: Short-interest data offers little explanatory value. Reported short interest was zero, suggesting the move is not being driven by a conventional short squeeze, although the figure may reflect a reporting-data issue.
- Negative Sentiment: The CFO sold nearly 5,900 shares worth about $660,500. The sale represented roughly 8% of the CFO’s prior stake and may temper the positive insider-buying signal. Investors are also watching the cost and execution risks associated with the company’s planned acquisition. TTM Technologies CFO Sells Nearly 6,000 Shares
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Harbor Investment Advisory LLC acquired a new stake in shares of TTM Technologies during the 2nd quarter valued at about $29,000. Kestra Advisory Services LLC purchased a new position in shares of TTM Technologies in the 4th quarter valued at about $30,000. Truvestments Capital LLC acquired a new position in TTM Technologies in the 4th quarter worth about $30,000. GoalVest Advisory LLC boosted its position in TTM Technologies by 456.7% during the second quarter. GoalVest Advisory LLC now owns 167 shares of the technology company’s stock worth $31,000 after purchasing an additional 137 shares in the last quarter. Finally, Parallel Advisors LLC boosted its position in TTM Technologies by 36.2% during the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after purchasing an additional 87 shares in the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. Needham & Company LLC reaffirmed a “buy” rating and set a $220.00 target price on shares of TTM Technologies in a report on Tuesday, August 18th. B. Riley Financial increased 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. Truist Financial raised their price target on shares of TTM Technologies from $215.00 to $224.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Finally, Stifel Nicolaus upped their price objective 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. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $214.25.
Get Our Latest Report on TTM Technologies
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.
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