Key Points
- Director John Mayer sold 9,167 shares on Nov. 14 at an average price of $68.13 for a total of $624,547, trimming his stake by 5.26% to 165,140 shares (≈$11.25M).
- TTM beat Q3 expectations, reporting $0.67 EPS vs. $0.61 expected and $752.7M revenue (+22.1% YoY), and issued Q4 guidance of $0.64–$0.70 EPS.
- Analyst and ownership context: the stock is recently down ~5.4% and opened at $64.34, institutional ownership is ~95.8%, and analysts carry a consensus "Buy" rating with a $65.50 target (some firms raising targets up to $79).
TTM Technologies, Inc. (NASDAQ:TTMI - Get Free Report) Director John Mayer sold 9,167 shares of TTM Technologies stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $68.13, for a total transaction of $624,547.71. Following the completion of the sale, the director owned 165,140 shares in the company, valued at approximately $11,250,988.20. This trade represents a 5.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
TTM Technologies Stock Down 5.4%
NASDAQ TTMI opened at $64.34 on Tuesday. TTM Technologies, Inc. has a one year low of $15.77 and a one year high of $71.85. The company has a market cap of $6.65 billion, a P/E ratio of 51.06 and a beta of 1.66. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.72 and a current ratio of 2.03. The business has a fifty day moving average price of $58.58 and a 200 day moving average price of $45.85.
TTM Technologies (NASDAQ:TTMI - Get Free Report) last issued its earnings results on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. The business had revenue of $752.74 million for 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 business's revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Research analysts anticipate that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.
Hedge Funds Weigh In On TTM Technologies
A number of hedge funds have recently modified their holdings of TTMI. Vanguard Group Inc. grew its holdings in shares of TTM Technologies by 0.5% during the third quarter. Vanguard Group Inc. now owns 13,156,053 shares of the technology company's stock worth $757,789,000 after buying an additional 60,002 shares during the last quarter. Invesco Ltd. grew its position in TTM Technologies by 127.7% during the third quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company's stock worth $277,281,000 after buying an additional 2,699,494 shares during the period. Polar Capital Holdings Plc purchased a new position in TTM Technologies in the 3rd quarter valued at approximately $176,376,000. Geode Capital Management LLC increased its position in shares of TTM Technologies by 0.3% in the second quarter. Geode Capital Management LLC now owns 2,557,256 shares of the technology company's stock valued at $104,399,000 after buying an additional 7,814 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in TTM Technologies by 575.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company's stock worth $105,490,000 after acquiring an additional 1,560,394 shares during the last quarter. 95.79% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research firms have weighed in on TTMI. Zacks Research raised TTM Technologies from a "hold" rating to a "strong-buy" rating in a research note on Monday, November 3rd. Needham & Company LLC boosted their price target on shares of TTM Technologies from $77.00 to $79.00 and gave the company a "buy" rating in a research note on Wednesday, November 12th. Wall Street Zen downgraded TTM Technologies from a "strong-buy" rating to a "buy" rating in a report on Sunday, October 19th. 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 report on Thursday, July 31st. Finally, Weiss Ratings upgraded TTM Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $65.50.
Read Our Latest Analysis on TTMI
About TTM Technologies
(
Get Free Report)
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.
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