TTM Technologies (NASDAQ:TTMI) Insider Sells $134,600.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Anthony Joseph Sandeen sold 2,000 shares of TTM Technologies stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $67.30, for a total value of $134,600.00. Following the completion of the sale, the insider directly owned 41,442 shares in the company, valued at $2,789,046.60. This represents a 4.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

TTM Technologies Price Performance

TTMI stock traded down $2.28 during midday trading on Monday, reaching $67.90. The stock had a trading volume of 1,419,308 shares, compared to its average volume of 1,625,634. TTM Technologies, Inc. has a 52-week low of $15.77 and a 52-week high of $71.85. The company has a current ratio of 2.03, a quick ratio of 1.72 and a debt-to-equity ratio of 0.56. The company’s fifty day simple moving average is $61.37 and its 200 day simple moving average is $48.26. The company has a market cap of $7.02 billion, a price-to-earnings ratio of 53.89 and a beta of 1.66.

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

Institutional Trading of TTM Technologies

Large investors have recently modified their holdings of the stock. CIBC Bancorp USA Inc. acquired a new stake in shares of TTM Technologies in the third quarter valued at $619,000. Advisory Services Network LLC acquired a new stake in TTM Technologies in the 3rd quarter valued at about $69,000. NewEdge Advisors LLC purchased a new position in shares of TTM Technologies in the 3rd quarter valued at about $322,000. Castleark Management LLC acquired a new position in shares of TTM Technologies during the third quarter worth about $7,365,000. Finally, CANADA LIFE ASSURANCE Co grew its position in shares of TTM Technologies by 2.7% during the third quarter. CANADA LIFE ASSURANCE Co now owns 91,410 shares of the technology company’s stock worth $5,279,000 after buying an additional 2,410 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on TTMI shares. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. B. Riley reaffirmed a “buy” rating on shares of TTM Technologies in a research note on Thursday, October 30th. Needham & Company LLC increased their price target on shares of TTM Technologies from $77.00 to $79.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Finally, Wall Street Zen lowered shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. One investment 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, TTM Technologies has a consensus rating of “Buy” and a consensus target price of $65.50.

TTM Technologies Company Profile

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.