TTM Technologies (NASDAQ:TTMI) EVP Catherine Gridley Sells 20,000 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMIGet Free Report) EVP Catherine Gridley sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $105.94, for a total value of $2,118,800.00. Following the completion of the transaction, the executive vice president directly owned 78,645 shares in the company, valued at $8,331,651.30. The trade was a 20.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

TTM Technologies Trading Down 1.0%

Shares of TTMI stock opened at $106.85 on Tuesday. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $111.00. The company has a market cap of $11.05 billion, a PE ratio of 63.22 and a beta of 1.74. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52. The business’s 50 day moving average is $86.51 and its two-hundred day moving average is $67.74.

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TTMI. Lido Advisors LLC boosted its stake in TTM Technologies by 1.5% during the fourth quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock worth $553,000 after buying an additional 116 shares in the last quarter. Tocqueville Asset Management L.P. lifted its holdings in shares of TTM Technologies by 0.8% during the 4th quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock worth $1,301,000 after acquiring an additional 158 shares during the period. Larson Financial Group LLC boosted its position in shares of TTM Technologies by 4.4% during the 3rd quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock valued at $229,000 after acquiring an additional 167 shares in the last quarter. Optiver Holding B.V. increased its stake in TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after acquiring an additional 170 shares during the period. Finally, Choreo LLC increased its stake in TTM Technologies by 1.4% in the third quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock valued at $818,000 after acquiring an additional 191 shares during the period. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Needham & Company LLC lifted their price objective on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Stifel Nicolaus set a $108.00 price objective on TTM Technologies in a research report on Thursday, February 5th. Truist Financial set a $113.00 target price on shares of TTM Technologies in a research report on Wednesday, January 14th. Finally, Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $117.25.

Read Our Latest Report on TTMI

About TTM Technologies

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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.

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