TTM Technologies (NASDAQ:TTMI) EVP Catherine Gridley Sells 10,000 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Catherine Gridley sold 10,000 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $95.11, for a total value of $951,100.00. Following the transaction, the executive vice president owned 98,645 shares in the company, valued at approximately $9,382,125.95. This trade represents a 9.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

TTM Technologies Trading Down 1.5%

Shares of TTMI stock traded down $1.40 on Tuesday, reaching $90.41. The company had a trading volume of 440,988 shares, compared to its average volume of 3,216,249. The company has a 50-day moving average of $84.11 and a 200-day moving average of $65.75. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $111.00. The stock has a market cap of $9.34 billion, a PE ratio of 53.49 and a beta of 1.74. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.68 by $0.02. The firm had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The business’s quarterly revenue was up 19.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 earnings per share. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. On average, equities 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 institutional investors and hedge funds have recently added to or reduced their stakes in the business. Decker Retirement Planning Inc. acquired a new stake in shares of TTM Technologies in the third quarter valued at about $2,963,000. Horizon Investment Services LLC grew its stake in TTM Technologies by 255.7% in the third quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company’s stock valued at $1,588,000 after purchasing an additional 19,820 shares in the last quarter. FengHe Fund Management Pte. Ltd. acquired a new position in shares of TTM Technologies during the 3rd quarter worth approximately $54,148,000. JPMorgan Chase & Co. raised its stake in shares of TTM Technologies by 9.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 652,034 shares of the technology company’s stock worth $26,616,000 after purchasing an additional 57,606 shares in the last quarter. Finally, Oak Ridge Investments LLC acquired a new stake in shares of TTM Technologies in the 3rd quarter valued at approximately $1,812,000. 95.79% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TTMI. Stifel Nicolaus set a $108.00 price target on TTM Technologies in a research report on Thursday, February 5th. Weiss Ratings downgraded shares of TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, February 4th. Needham & Company LLC increased their price objective on shares of TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, B. Riley Financial increased their target price on TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $117.25.

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.