Insider Selling: TTM Technologies (NASDAQ:TTMI) Insider Sells $272,431.68 in Stock

TTM Technologies, Inc. (NASDAQ:TTMIGet Free Report) insider Robert Farrell sold 1,304 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.92, for a total transaction of $272,431.68. Following the transaction, the insider owned 16,995 shares in the company, valued at approximately $3,550,595.40. This trade represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

TTM Technologies Stock Performance

Shares of TTMI stock traded down $6.12 during trading hours on Monday, reaching $185.37. 2,642,340 shares of the company’s stock were exchanged, compared to its average volume of 2,561,977. The company’s 50 day moving average is $172.62 and its two-hundred day moving average is $120.41. The company has a market cap of $19.25 billion, a P/E ratio of 100.40 and a beta of 2.10. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. TTM Technologies, Inc. has a 1 year low of $39.20 and a 1 year high of $223.83.

TTM Technologies (NASDAQ:TTMIGet Free Report) last issued its 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 company had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business’s revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities research analysts anticipate that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Institutional Investors Weigh In On TTM Technologies

A number of institutional investors have recently bought and sold shares of the stock. Pacer Advisors Inc. purchased a new stake in TTM Technologies in the first quarter valued at approximately $1,722,000. Parallel Advisors LLC raised its stake 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 during the period. NewEdge Advisors LLC raised its stake in TTM Technologies by 385.0% during the first quarter. NewEdge Advisors LLC now owns 12,581 shares of the technology company’s stock worth $1,226,000 after purchasing an additional 9,987 shares during the period. Optiver Holding B.V. boosted its holdings in shares of TTM Technologies by 168.7% in the 1st quarter. Optiver Holding B.V. now owns 532 shares of the technology company’s stock valued at $52,000 after purchasing an additional 334 shares during the last quarter. Finally, Montchanin Asset Management LLC acquired a new position in shares of TTM Technologies in the 1st quarter valued at $201,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on TTMI. B. Riley Financial increased their target price on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Stifel Nicolaus raised their price objective on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Truist Financial lifted their price objective on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. One 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 a consensus rating of “Buy” and a consensus target price of $212.00.

View Our Latest Stock Analysis on TTMI

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.