TTM Technologies (NASDAQ:TTMI) Insider Robert Farrell Sells 3,476 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) insider Robert Farrell sold 3,476 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $68.93, for a total value of $239,600.68. Following the completion of the transaction, the insider directly owned 20,346 shares in the company, valued at approximately $1,402,449.78. This represents a 14.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

TTM Technologies Stock Performance

TTMI traded down $3.58 during midday trading on Tuesday, reaching $66.29. The company had a trading volume of 2,525,954 shares, compared to its average volume of 1,575,617. The company has a quick ratio of 1.72, a current ratio of 2.03 and a debt-to-equity ratio of 0.56. TTM Technologies, Inc. has a 1 year low of $15.77 and a 1 year high of $70.12. The business has a 50-day moving average of $54.23 and a two-hundred day moving average of $42.50. The company has a market cap of $6.85 billion, a P/E ratio of 52.61 and a beta of 1.63.

TTM Technologies (NASDAQ:TTMI) last released its earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. The firm had revenue of $752.74 million during the quarter, compared to analysts’ expectations of $711.91 million. TTM Technologies had a return on equity of 13.43% and a net margin of 4.74%.The firm’s revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the business posted $0.41 earnings per share. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. As a group, equities research analysts predict that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On TTM Technologies

A number of large investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC increased its stake in TTM Technologies by 4.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 14,609 shares of the technology company’s stock worth $300,000 after buying an additional 660 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in TTM Technologies by 23.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 49,433 shares of the technology company’s stock worth $1,024,000 after buying an additional 9,311 shares in the last quarter. New York State Teachers Retirement System increased its stake in TTM Technologies by 0.5% during the 1st quarter. New York State Teachers Retirement System now owns 110,577 shares of the technology company’s stock worth $2,268,000 after buying an additional 567 shares in the last quarter. Principal Financial Group Inc. increased its stake in TTM Technologies by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 507,745 shares of the technology company’s stock worth $10,414,000 after buying an additional 13,299 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its stake in TTM Technologies by 52.2% during the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 886,701 shares of the technology company’s stock worth $18,186,000 after buying an additional 304,176 shares in the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Truist Financial raised their price target on TTM Technologies from $60.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. B. Riley restated a “buy” rating on shares of TTM Technologies in a report on Thursday, October 30th. Finally, Needham & Company LLC lifted their price target on TTM Technologies from $65.00 to $77.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, TTM Technologies has an average rating of “Moderate Buy” and an average price target of $65.00.

TTM Technologies Company Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.