Douglas Soder Sells 2,874 Shares of TTM Technologies (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Douglas Soder sold 2,874 shares of TTM Technologies stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total transaction of $600,493.56. Following the transaction, the executive vice president directly owned 210,634 shares of the company’s stock, valued at approximately $44,009,867.96. This trade represents a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

TTM Technologies Stock Performance

TTMI stock traded down $6.12 during mid-day trading on Monday, hitting $185.37. 2,642,340 shares of the company were exchanged, compared to its average volume of 2,561,977. TTM Technologies, Inc. has a 1-year low of $39.20 and a 1-year high of $223.83. The stock has a market capitalization of $19.25 billion, a PE ratio of 100.40 and a beta of 2.10. The business has a 50 day simple moving average of $172.62 and a 200-day simple moving average of $120.41. 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:TTMI) last posted its earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.66 by $0.09. The company had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter in the prior 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, equities analysts forecast that TTM Technologies, Inc. will post 3.7 earnings per share for the current year.

Analyst Ratings Changes

TTMI has been the topic of several recent research reports. Wall Street Zen cut TTM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. B. Riley Financial boosted their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Truist Financial increased their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Needham & Company LLC raised their target price on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $212.00.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TTMI. Invesco Ltd. increased its position in TTM Technologies by 3.5% during the 4th quarter. Invesco Ltd. now owns 4,980,091 shares of the technology company’s stock worth $343,626,000 after purchasing an additional 166,188 shares in the last quarter. Whale Rock Capital Management LLC grew its position 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 acquiring an additional 2,260,035 shares during the last quarter. Polar Capital Holdings Plc bought a new stake in TTM Technologies during the 3rd quarter worth $176,376,000. Geode Capital Management LLC increased its holdings in TTM Technologies by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after purchasing an additional 81,588 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in TTM Technologies by 22.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,237,627 shares of the technology company’s stock worth $154,396,000 after purchasing an additional 406,202 shares in the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

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.