TTM Technologies (NASDAQ:TTMI) Director Thomas Edman Sells 16,800 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) Director Thomas Edman sold 16,800 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $101.62, for a total value of $1,707,216.00. Following the transaction, the director directly owned 855,171 shares in the company, valued at approximately $86,902,477.02. This represents a 1.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

TTM Technologies Price Performance

TTMI stock opened at $104.05 on Wednesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.93 and a quick ratio of 1.67. TTM Technologies, Inc. has a 1 year low of $15.77 and a 1 year high of $113.46. The firm has a 50-day moving average of $91.22 and a 200 day moving average of $70.40. The company has a market cap of $10.76 billion, a P/E ratio of 61.57 and a beta of 1.74.

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

Analyst Upgrades and Downgrades

TTMI has been the subject of several recent analyst reports. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Truist Financial set a $113.00 target price on TTM Technologies in a research report on Wednesday, January 14th. Stifel Nicolaus set a $108.00 price target on shares of TTM Technologies in a report on Thursday, February 5th. B. Riley Financial lifted 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. Finally, Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $117.25.

Hedge Funds Weigh In On TTM Technologies

A number of institutional investors have recently bought and sold shares of the stock. Optiver Holding B.V. raised its stake in shares of TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after buying an additional 170 shares during the period. Bessemer Group Inc. increased its holdings 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 acquiring an additional 377 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in TTM Technologies during the 4th quarter worth approximately $30,000. Truvestments Capital LLC purchased a new position in TTM Technologies during the fourth quarter valued at approximately $30,000. Finally, Rakuten Securities Inc. bought a new position in shares of TTM Technologies in the fourth quarter worth approximately $32,000. 95.79% of the stock is owned by institutional investors.

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.