TTM Technologies (NASDAQ:TTMI) EVP Sells $951,100.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Catherine Gridley sold 10,000 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $95.11, for a total value of $951,100.00. Following the sale, the executive vice president owned 98,645 shares of the company’s stock, valued at approximately $9,382,125.95. The trade was a 9.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

TTM Technologies Stock Up 6.8%

Shares of TTM Technologies stock opened at $100.39 on Friday. The stock’s 50-day moving average is $85.13 and its 200 day moving average is $66.52. TTM Technologies, Inc. has a one year low of $15.77 and a one year high of $111.00. The firm has a market cap of $10.38 billion, a price-to-earnings ratio of 59.40 and a beta of 1.75. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.93 and a quick ratio of 1.67.

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

Analysts Set New Price Targets

A number of research firms recently weighed in on TTMI. Stifel Nicolaus set a $108.00 price target on TTM Technologies in a research note on Thursday, February 5th. Weiss Ratings cut TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, February 4th. Needham & Company LLC lifted their price target on shares of TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Truist Financial set a $113.00 price objective on shares of TTM Technologies in a report on Wednesday, January 14th. Finally, B. Riley Financial raised their price objective on shares of TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, TTM Technologies presently has a consensus rating of “Buy” and a consensus target price of $117.25.

Hedge Funds Weigh In On TTM Technologies

A number of hedge funds have recently bought and sold shares of TTMI. Invesco Ltd. raised its holdings in shares of TTM Technologies by 3.5% in the fourth quarter. Invesco Ltd. now owns 4,980,091 shares of the technology company’s stock valued at $343,626,000 after purchasing an additional 166,188 shares during the last quarter. Corient Private Wealth LLC grew its position in TTM Technologies by 5.7% in the 4th quarter. Corient Private Wealth LLC now owns 5,632 shares of the technology company’s stock worth $389,000 after purchasing an additional 305 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in TTM Technologies in the 4th quarter valued at about $1,584,000. Virtue Capital Management LLC lifted its position in shares of TTM Technologies by 1,564.9% during the 4th quarter. Virtue Capital Management LLC now owns 22,626 shares of the technology company’s stock worth $1,598,000 after buying an additional 21,267 shares in the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in shares of TTM Technologies in the 4th quarter worth approximately $263,000. 95.79% of the stock is owned by hedge funds and other 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.