Insider Selling: TTM Technologies (NASDAQ:TTMI) Insider Sells $258,889.05 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Tom Clapprood sold 1,239 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $208.95, for a total value of $258,889.05. Following the completion of the sale, the insider directly owned 20,773 shares in the company, valued at approximately $4,340,518.35. The trade was a 5.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Tom Clapprood also recently made the following trade(s):

• On Tuesday, June 23rd, Tom Clapprood sold 3,035 shares of TTM Technologies stock. The stock was sold at an average price of $209.80, for a total value of $636,743.00.

TTM Technologies Trading Down 2.4%

Shares of TTMI stock traded down $4.69 on Monday, hitting $186.80. The stock had a trading volume of 3,554,279 shares, compared to its average volume of 2,570,114. The company’s 50 day moving average price is $172.62 and its 200-day moving average price is $120.41. 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 firm has a market capitalization of $19.40 billion, a P/E ratio of 100.97 and a beta of 2.10.

TTM Technologies (NASDAQ:TTMI) last released its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.09. The company had revenue of $845.98 million during the quarter, compared to the consensus estimate of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.TTM Technologies’s revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Analysts anticipate that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.

Hedge Funds Weigh In On TTM Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of TTM Technologies in the 4th quarter valued at $668,000. Geode Capital Management LLC lifted its position in TTM Technologies by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock valued at $184,119,000 after acquiring an additional 81,588 shares during the last quarter. Wealth High Governance Capital Ltda boosted its stake in TTM Technologies by 408.6% in 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 acquiring an additional 147,079 shares in the last quarter. Royce & Associates LP boosted 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 valued at $18,564,000 after acquiring an additional 136,845 shares in the last quarter. Finally, Divisadero Street Capital Management LP purchased a new position in shares of TTM Technologies during the third quarter worth about $13,580,000. 95.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on TTMI. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. B. Riley Financial lifted 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. Stifel Nicolaus increased their price target on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Wall Street Zen downgraded TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Finally, Needham & Company LLC raised their target price on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat.com, TTM Technologies has an average rating of “Buy” and a consensus target price of $212.00.

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.