TTM Technologies (NASDAQ:TTMI) EVP Catherine Gridley Sells 3,056 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Catherine Gridley sold 3,056 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total value of $638,520.64. Following the completion of the transaction, the executive vice president owned 71,866 shares of the company’s stock, valued at $15,015,682.04. The trade was a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

TTM Technologies Trading Down 3.2%

NASDAQ TTMI traded down $6.12 during trading hours on Monday, hitting $185.37. 2,642,340 shares of the company’s stock were exchanged, compared to its average volume of 2,561,977. The business’s 50 day moving average is $172.62 and its 200-day moving average is $120.41. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. TTM Technologies, Inc. has a 12-month low of $39.20 and a 12-month high of $223.83. The firm has a market capitalization of $19.25 billion, a P/E ratio of 100.40 and a beta of 2.10.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS 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 analysts’ expectations of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm’s revenue was up 30.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, analysts anticipate that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have weighed in on TTMI. Needham & Company LLC increased their price target on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Truist Financial lifted their target price on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Stifel Nicolaus boosted 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. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $212.00.

Institutional Investors Weigh In On TTM Technologies

Large investors have recently made changes to their positions in the business. Optiver Holding B.V. boosted its position in TTM Technologies by 66.4% during the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after purchasing an additional 170 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of TTM Technologies in the fourth quarter valued at $30,000. Truvestments Capital LLC purchased a new position in TTM Technologies in the 4th quarter valued at about $30,000. Rakuten Securities Inc. acquired a new stake in TTM Technologies during the 4th quarter valued at approximately $32,000. Finally, Parallel Advisors LLC increased its stake 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 worth $32,000 after buying an additional 87 shares during the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

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.