TTM Technologies (NASDAQ:TTMI) VP Steven Spoto Sells 1,000 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) VP Steven Spoto sold 1,000 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $66.95, for a total transaction of $66,950.00. Following the transaction, the vice president owned 27,649 shares of the company’s stock, valued at approximately $1,851,100.55. The trade was a 3.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Steven Spoto also recently made the following trade(s):

• On Tuesday, August 12th, Steven Spoto sold 3,484 shares of TTM Technologies stock. The stock was sold at an average price of $46.58, for a total transaction of $162,284.72.

TTM Technologies Stock Down 2.8%

Shares of TTMI stock traded down $1.97 on Thursday, reaching $68.09. 1,845,110 shares of the stock were exchanged, compared to its average volume of 1,577,637. The company has a current ratio of 2.03, a quick ratio of 1.72 and a debt-to-equity ratio of 0.56. The business’s 50 day moving average price is $55.17 and its 200 day moving average price is $43.02. The company has a market capitalization of $7.04 billion, a price-to-earnings ratio of 54.04 and a beta of 1.66. TTM Technologies, Inc. has a twelve month low of $15.77 and a twelve month high of $71.17.

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

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Stifel Nicolaus increased their target price on shares of TTM Technologies from $40.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Monday. Needham & Company LLC increased their price target on shares of TTM Technologies from $65.00 to $77.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Finally, Truist Financial increased their target price on shares of TTM Technologies from $60.00 to $78.00 and gave the company a “buy” rating in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and an average price target of $65.00.

Hedge Funds Weigh In On TTM Technologies

A number of hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its holdings in shares of TTM Technologies by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,557,256 shares of the technology company’s stock valued at $104,399,000 after purchasing an additional 7,814 shares during the last quarter. Invesco Ltd. increased its stake in TTM Technologies by 55.7% during the 2nd quarter. Invesco Ltd. now owns 2,114,409 shares of the technology company’s stock worth $86,310,000 after buying an additional 756,702 shares during the period. Goldman Sachs Group Inc. increased its stake in TTM Technologies by 7.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock worth $34,989,000 after buying an additional 115,766 shares during the period. Nuveen LLC purchased a new stake in TTM Technologies during the 1st quarter worth $31,763,000. Finally, Emerald Advisers LLC grew its holdings in TTM Technologies by 34.3% during the 1st quarter. Emerald Advisers LLC now owns 1,439,931 shares of the technology company’s stock worth $29,533,000 after acquiring an additional 367,798 shares in the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

About TTM Technologies

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.