TTM Technologies (NASDAQ:TTMI) CFO Sells $1,330,278.39 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) CFO Daniel Boehle sold 6,341 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $209.79, for a total transaction of $1,330,278.39. Following the transaction, the chief financial officer owned 72,922 shares of the company’s stock, valued at approximately $15,298,306.38. This trade represents a 8.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

TTM Technologies Stock Down 9.1%

NASDAQ TTMI opened at $191.49 on Friday. 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 company’s 50 day simple moving average is $172.62 and its 200 day simple moving average is $120.09. TTM Technologies, Inc. has a 12 month low of $39.20 and a 12 month high of $223.83. The company has a market capitalization of $19.89 billion, a P/E ratio of 103.51 and a beta of 2.09.

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

Institutional Trading of TTM Technologies

Several large investors have recently added to or reduced their stakes in TTMI. Parallel Advisors LLC lifted its holdings in shares of TTM Technologies by 36.2% in the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after purchasing an additional 87 shares in the last quarter. Signature Equity Partners LLC purchased a new position in shares of TTM Technologies during the first quarter valued at $40,000. Optiver Holding B.V. raised its position in TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after buying an additional 170 shares during the period. Kestra Advisory Services LLC purchased a new stake in TTM Technologies in the 4th quarter worth about $30,000. Finally, Truvestments Capital LLC purchased a new stake in TTM Technologies in the 4th quarter worth about $30,000. 95.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TTMI shares. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Needham & Company LLC boosted their price objective on TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. Finally, B. Riley Financial upped their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat, TTM Technologies presently has an average rating of “Buy” and a consensus price target of $212.00.

More 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

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.