TTM Technologies (NASDAQ:TTMI) Director Julie Spicer England Sells 3,784 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMI) Director Julie Spicer England sold 3,784 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $63.34, for a total value of $239,678.56. Following the completion of the sale, the director owned 106,541 shares of the company’s stock, valued at $6,748,306.94. The trade was a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

TTM Technologies Trading Up 4.7%

TTMI opened at $67.27 on Thursday. The stock’s fifty day moving average is $59.19 and its two-hundred day moving average is $46.24. The company has a market capitalization of $6.95 billion, a P/E ratio of 53.38 and a beta of 1.66. TTM Technologies, Inc. has a 52 week low of $15.77 and a 52 week high of $71.85. The company has a quick ratio of 1.72, a current ratio of 2.03 and a debt-to-equity ratio of 0.56.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. TTM Technologies had a return on equity of 13.43% and a net margin of 4.74%.The business had revenue of $752.74 million during the quarter, compared to analysts’ expectations of $711.91 million. During the same period in the prior year, the business earned $0.41 EPS. The business’s revenue for the quarter was up 22.1% compared to the same quarter last year. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Institutional Investors Weigh In On TTM Technologies

Several hedge funds have recently added to or reduced their stakes in the business. Optiver Holding B.V. raised its stake in shares of TTM Technologies by 66.4% during the 3rd 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 last quarter. Bessemer Group Inc. boosted its position in TTM Technologies by 448.8% in the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after purchasing an additional 377 shares in the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of TTM Technologies during the 3rd quarter worth approximately $39,000. Quarry LP increased its holdings in shares of TTM Technologies by 249.9% during the 1st quarter. Quarry LP now owns 2,110 shares of the technology company’s stock valued at $43,000 after purchasing an additional 1,507 shares in the last quarter. Finally, Concord Wealth Partners purchased a new stake in TTM Technologies during the second quarter worth $47,000. 95.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TTMI has been the subject of a number of analyst reports. B. Riley restated a “buy” rating on shares of TTM Technologies in a report on Thursday, October 30th. Needham & Company LLC boosted their price target on TTM Technologies from $77.00 to $79.00 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Stifel Nicolaus increased their price objective on shares of TTM Technologies from $40.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Finally, Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $65.50.

About TTM Technologies

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.