Insider Selling: TTM Technologies (NASDAQ:TTMI) Director Sells $1,210,230.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) Director Thomas Edman sold 12,750 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $94.92, for a total transaction of $1,210,230.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

TTM Technologies Trading Up 6.8%

Shares of NASDAQ:TTMI opened at $100.39 on Friday. The company has a 50 day moving average of $85.13 and a 200-day moving average of $66.52. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52. The firm has a market cap of $10.38 billion, a P/E ratio of 59.40 and a beta of 1.75. TTM Technologies, Inc. has a twelve month low of $15.77 and a twelve month high of $111.00.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The business had revenue of $763.53 million for the quarter, compared to analyst estimates of $752.96 million. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The business’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter last year, the business earned $0.60 earnings per share. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TTMI has been the subject of several research reports. Needham & Company LLC raised their target price on TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a research note 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. Truist Financial set a $113.00 price objective on shares of TTM Technologies in a research report on Wednesday, January 14th. B. Riley Financial boosted their target price on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Finally, Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $117.25.

Institutional Trading of TTM Technologies

Several large investors have recently added to or reduced their stakes in the company. Polar Capital Holdings Plc acquired a new stake in shares of TTM Technologies in the third quarter worth $176,376,000. Invesco Ltd. lifted 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 acquiring an additional 2,699,494 shares in the last quarter. Whale Rock Capital Management LLC boosted its position in TTM Technologies by 112.1% during 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 acquiring an additional 2,260,035 shares during the period. Castle Hook Partners LP purchased a new position in TTM Technologies during the 4th quarter valued at about $133,351,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of TTM Technologies by 575.7% in 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 during the period. 95.79% of the stock is owned by institutional investors and hedge funds.

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.