TTM Technologies (NASDAQ:TTMI) Insider Tom Clapprood Sells 3,035 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Tom Clapprood sold 3,035 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total transaction of $636,743.00. Following the sale, the insider owned 20,199 shares of the company’s stock, valued at approximately $4,237,750.20. This represents a 13.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

TTM Technologies Stock Up 0.4%

Shares of NASDAQ:TTMI opened at $210.57 on Friday. TTM Technologies, Inc. has a 1 year low of $39.20 and a 1 year high of $223.83. The company has a market cap of $21.87 billion, a PE ratio of 113.82 and a beta of 2.09. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. The stock’s 50-day moving average is $171.13 and its 200 day moving average is $119.59.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.09. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The business had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter last year, the business posted $0.50 EPS. The business’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Sell-side analysts anticipate that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Analysts Set New Price Targets

TTMI has been the topic of a number of research analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Wall Street Zen lowered shares of TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. B. Riley Financial boosted their price target on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. 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. Finally, Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat.com, TTM Technologies has an average rating of “Buy” and a consensus price target of $212.00.

Key Headlines Impacting TTM Technologies

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: TTM Technologies said it will be added to the Russell 1000 Index on June 26, replacing its current Russell 2000 membership. Index inclusion can boost demand from index funds and raise the stock’s visibility with institutional investors. Article Title
• Positive Sentiment: Recent coverage continues to frame TTMI as a growth stock, and the shares have also been hitting new highs, reinforcing bullish momentum after the company’s strong earnings report earlier this year. Article Title
• Neutral Sentiment: The company’s latest quarterly results were strong, with earnings and revenue both beating expectations and revenue rising 30.4% year over year, which remains a supportive backdrop for the stock.
• Negative Sentiment: Multiple executives and insiders, including the EVP, COO, CFO and other senior leaders, sold shares at around $209.80 per share. While insider selling does not always signal trouble, the broad pattern can weigh on investor sentiment because it suggests management may be taking some profits after the recent run-up. Article Title

Institutional Investors Weigh In On TTM Technologies

Several hedge funds have recently added to or reduced their stakes in TTMI. Polar Capital Holdings Plc bought a new position in shares of TTM Technologies during the third quarter valued at $176,376,000. Invesco Ltd. boosted its stake in TTM Technologies by 127.7% in the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after purchasing an additional 2,699,494 shares in the last quarter. Whale Rock Capital Management LLC boosted its stake in TTM Technologies by 112.1% in the 4th quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock worth $295,066,000 after purchasing an additional 2,260,035 shares in the last quarter. Castle Hook Partners LP purchased a new stake in TTM Technologies during the 4th quarter valued at about $133,351,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in TTM Technologies by 575.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock valued at $105,490,000 after purchasing an additional 1,560,394 shares in the last quarter. 95.79% of the stock is owned by institutional investors.

About TTM Technologies

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.