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 stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $69.75, for a total value of $1,171,800.00. Following the completion of the transaction, the director owned 804,923 shares in the company, valued at approximately $56,143,379.25. The trade was a 2.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

TTM Technologies Trading Down 3.7%

NASDAQ TTMI opened at $67.99 on Tuesday. The company has a quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 0.54. TTM Technologies, Inc. has a 52 week low of $15.77 and a 52 week high of $80.58. The business has a 50 day moving average price of $68.59 and a 200-day moving average price of $55.36. The company has a market cap of $7.03 billion, a price-to-earnings ratio of 53.96 and a beta of 1.74.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. The business had revenue of $752.74 million during the quarter, compared to the consensus estimate of $711.91 million. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. TTM Technologies’s revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. As a group, equities analysts expect that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On TTM Technologies

Institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake in TTM Technologies by 9.7% in 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. Assenagon Asset Management S.A. bought a new position in shares of TTM Technologies in the third quarter worth $4,002,000. Voya Investment Management LLC raised its position in shares of TTM Technologies by 92.7% in the third quarter. Voya Investment Management LLC now owns 53,457 shares of the technology company’s stock worth $3,079,000 after buying an additional 25,712 shares in the last quarter. Horizon Investment Services LLC bought a new stake in TTM Technologies during the second quarter valued at $316,000. Finally, Intech Investment Management LLC grew its position in TTM Technologies by 5.4% during the first quarter. Intech Investment Management LLC now owns 118,782 shares of the technology company’s stock worth $2,436,000 after buying an additional 6,125 shares in the last quarter. Institutional investors own 95.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TTMI. Needham & Company LLC raised their price target on shares of TTM Technologies from $77.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Truist Financial increased their price objective on TTM Technologies from $78.00 to $91.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Zacks Research lowered TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Finally, B. Riley raised their price objective on TTM Technologies from $75.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $76.50.

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.