Insider Selling: TTM Technologies (NASDAQ:TTMI) Director Sells $1,683,864.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) Director Thomas Edman sold 16,800 shares of TTM Technologies stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The sale was disclosed in a legal filing with the SEC, which is available through this link.

TTM Technologies Price Performance

Shares of TTMI opened at $97.48 on Friday. TTM Technologies, Inc. has a fifty-two week low of $15.77 and a fifty-two week high of $113.46. The firm’s 50-day simple moving average is $98.18 and its two-hundred day simple moving average is $78.47. The stock has a market cap of $10.12 billion, a PE ratio of 57.68 and a beta of 1.76. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.67 and a current ratio of 1.93.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The firm had revenue of $763.53 million for the quarter, compared to analysts’ expectations of $752.96 million. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The business’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TTM Technologies

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada boosted its holdings in shares of TTM Technologies by 66.6% during the 1st quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock valued at $543,000 after acquiring an additional 10,565 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of TTM Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock valued at $1,232,000 after purchasing an additional 2,632 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of TTM Technologies by 7.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock valued at $34,989,000 after purchasing an additional 115,766 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in TTM Technologies by 7.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,563 shares of the technology company’s stock valued at $3,908,000 after purchasing an additional 13,691 shares during the period. Finally, Jane Street Group LLC lifted its position in TTM Technologies by 1,150.2% during the first quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock valued at $2,869,000 after purchasing an additional 128,700 shares during the period. 95.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TTMI has been the topic of a number of recent research reports. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. B. Riley Financial upped their price target on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Truist Financial set a $113.00 price objective on shares of TTM Technologies in a research report on Wednesday, January 14th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Finally, Stifel Nicolaus set a $108.00 target price on shares of TTM Technologies in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $117.25.

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.