Traders Purchase Large Volume of TTM Technologies Call Options (NASDAQ:TTMI)

TTM Technologies, Inc. (NASDAQ:TTMI) was the recipient of unusually large options trading on Monday. Stock investors bought 7,352 call options on the stock. This is an increase of 196% compared to the typical volume of 2,484 call options.

TTM Technologies Stock Up 0.4%

Shares of TTMI stock traded up $0.78 on Monday, hitting $217.22. 546,900 shares of the stock were exchanged, compared to its average volume of 2,440,277. The firm has a market capitalization of $22.56 billion, a P/E ratio of 117.33 and a beta of 2.10. TTM Technologies has a fifty-two week low of $35.52 and a fifty-two week high of $223.00. The business has a 50-day moving average of $163.49 and a 200 day moving average of $115.54. 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 quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. During the same period last year, the company earned $0.50 earnings per share. The firm’s revenue was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities analysts anticipate that TTM Technologies will post 3.7 EPS for the current year.

Analyst Upgrades and Downgrades

TTMI has been the subject of several analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. B. Riley Financial boosted their price objective on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Truist Financial increased their price target on TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Finally, Needham & Company LLC increased their price target on shares of TTM Technologies from $208.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to data from MarketBeat, TTM Technologies currently has an average rating of “Buy” and a consensus price target of $212.00.

Insider Activity

In other news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Optiver Holding B.V. increased its position in TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after buying an additional 170 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of TTM Technologies in the fourth quarter valued at approximately $30,000. Truvestments Capital LLC acquired a new position in TTM Technologies in the 4th quarter valued at $30,000. Rakuten Securities Inc. acquired a new position in TTM Technologies in the fourth quarter valued at about $32,000. Finally, Parallel Advisors LLC lifted its holdings in shares of TTM Technologies by 36.2% during the 1st quarter. Parallel Advisors LLC now owns 327 shares of the technology company’s stock worth $32,000 after acquiring an additional 87 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.