TTM Technologies (NASDAQ:TTMI) Director Thomas Edman Sells 16,800 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMI) Director Thomas Edman sold 16,800 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total transaction of $1,683,864.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

TTM Technologies Stock Up 0.4%

Shares of NASDAQ TTMI opened at $97.48 on Friday. The stock has a market cap of $10.12 billion, a PE ratio of 57.68 and a beta of 1.76. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52. TTM Technologies, Inc. has a 12-month low of $15.77 and a 12-month high of $113.46. The company has a 50-day moving average of $98.14 and a 200 day moving average of $77.94.

TTM Technologies (NASDAQ:TTMI) last released its earnings results 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. 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 was up 19.0% on a year-over-year basis. During the same period last year, the company posted $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, sell-side analysts predict that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on TTMI shares. Stifel Nicolaus set a $108.00 target price on shares of TTM Technologies in a research note on Thursday, February 5th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. B. Riley Financial upped their price objective on TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Finally, Truist Financial set a $113.00 target price on TTM Technologies in a research note on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and a consensus price target of $117.25.

Institutional Investors Weigh In On TTM Technologies

Institutional investors have recently made changes to their positions in the stock. Polar Capital Holdings Plc acquired a new stake in TTM Technologies in the 3rd quarter valued at approximately $176,376,000. Invesco Ltd. boosted its holdings in TTM Technologies by 127.7% in the third quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock valued at $277,281,000 after purchasing an additional 2,699,494 shares during the period. Whale Rock Capital Management LLC grew its stake 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 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 worth about $133,351,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings 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 worth $105,490,000 after purchasing an additional 1,560,394 shares during the period. 95.79% of the stock is currently 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.