TTM Technologies (NASDAQ:TTMI) SVP Sells 6,754 Shares of Stock

by · The Cerbat Gem

TTM Technologies, Inc. (NASDAQ:TTMIGet Free Report) SVP Dale Martin Knecht sold 6,754 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $209.79, for a total transaction of $1,416,921.66. Following the completion of the sale, the senior vice president directly owned 68,350 shares in the company, valued at approximately $14,339,146.50. The trade was a 8.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

TTM Technologies Price Performance

Shares of TTM Technologies stock traded up $0.83 during mid-day trading on Thursday, reaching $210.57. 1,606,178 shares of the stock were exchanged, compared to its average volume of 2,439,590. TTM Technologies, Inc. has a fifty-two week low of $39.20 and a fifty-two week high of $223.83. The company has a market cap of $21.87 billion, a price-to-earnings ratio of 113.82 and a beta of 2.09. The firm has a 50-day simple moving average of $169.33 and a 200 day simple moving average of $118.62. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMIGet Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The firm had revenue of $845.98 million for the quarter, compared to analyst estimates of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, sell-side analysts predict that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Institutional Trading of TTM Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Optiver Holding B.V. lifted its position in TTM Technologies by 66.4% during the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after purchasing an additional 170 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of TTM Technologies during the fourth quarter worth approximately $30,000. Truvestments Capital LLC bought a new stake in shares of TTM Technologies during the fourth quarter worth approximately $30,000. Rakuten Securities Inc. acquired a new position in TTM Technologies in the fourth quarter valued at approximately $32,000. Finally, Parallel Advisors LLC lifted its holdings in TTM Technologies by 36.2% in the first quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock valued at $32,000 after buying an additional 87 shares during the period. 95.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on TTMI shares. B. Riley Financial increased their price target on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Wall Street Zen lowered TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Truist Financial lifted their price target on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. One equities research 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.com, the company has an average rating of “Buy” and an average price target of $212.00.

Read Our Latest Report on TTM Technologies

TTM Technologies News Summary

Here are the key news stories impacting TTM Technologies this week:

  • Positive Sentiment: TTM Technologies said it will be added to the Russell 1000 Index on June 26, replacing its current Russell 2000 membership. Index inclusion can boost demand from index funds and raise the stock’s visibility with institutional investors. Article Title
  • Positive Sentiment: Recent coverage continues to frame TTMI as a growth stock, and the shares have also been hitting new highs, reinforcing bullish momentum after the company’s strong earnings report earlier this year. Article Title
  • Neutral Sentiment: The company’s latest quarterly results were strong, with earnings and revenue both beating expectations and revenue rising 30.4% year over year, which remains a supportive backdrop for the stock.
  • Negative Sentiment: Multiple executives and insiders, including the EVP, COO, CFO and other senior leaders, sold shares at around $209.80 per share. While insider selling does not always signal trouble, the broad pattern can weigh on investor sentiment because it suggests management may be taking some profits after the recent run-up. Article Title

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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