Key Points
- Director Thomas Edman sold 16,800 shares on Jan. 2 at an average price of $69.75 for $1,171,800, trimming his stake by 2.04% to 804,923 shares (≈$56.14M).
- Q3 results beat expectations with $0.67 EPS vs. $0.61 est. and revenue of $752.7M (up 22.1% YoY); TTM set Q4 2025 guidance of $0.640–0.700 EPS.
- Market and sentiment: shares were down ~3.7%, the company has a $7.03B market cap and ~95.8% institutional ownership, with most analysts rating the stock a "Buy" and an average target of $76.50.
TTM Technologies, Inc. (NASDAQ:TTMI - Get Free Report) Director Thomas Edman sold 16,800 shares of the company's stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $69.75, for a total transaction of $1,171,800.00. Following the completion of the transaction, the director owned 804,923 shares in the company, valued at approximately $56,143,379.25. This trade represents a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
TTM Technologies Trading Down 3.7%
Shares of TTM Technologies stock opened at $67.99 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.94 and a quick ratio of 1.66. TTM Technologies, Inc. has a 1 year low of $15.77 and a 1 year high of $80.58. The firm has a market cap of $7.03 billion, a PE ratio of 53.96 and a beta of 1.74. The company has a 50 day simple moving average of $68.59 and a two-hundred day simple moving average of $55.36.
TTM Technologies (NASDAQ:TTMI - Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. TTM Technologies had a net margin of 4.74% and a return on equity of 13.21%. The firm had revenue of $752.74 million for the quarter, compared to analysts' expectations of $711.91 million. During the same quarter last year, the company posted $0.41 EPS. The business's quarterly revenue was up 22.1% on a year-over-year basis. TTM Technologies has set its Q4 2025 guidance at 0.640-0.700 EPS. Analysts expect that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.
Institutional Investors Weigh In On TTM Technologies
Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted 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 purchasing an additional 60,002 shares during the period. Invesco Ltd. raised its position in TTM Technologies by 127.7% during the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company's stock valued at $277,281,000 after purchasing an additional 2,699,494 shares during the last quarter. Polar Capital Holdings Plc purchased a new stake in TTM Technologies in the 3rd quarter worth approximately $176,376,000. Geode Capital Management LLC grew its position 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 worth $104,399,000 after buying an additional 7,814 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of TTM Technologies by 575.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company's stock worth $105,490,000 after buying an additional 1,560,394 shares during the last quarter. Institutional investors own 95.79% of the company's stock.
Analyst Ratings Changes
A number of brokerages recently weighed in on TTMI. Wall Street Zen cut TTM Technologies from a "strong-buy" rating to a "buy" rating in a report on Sunday, October 19th. Weiss Ratings upgraded shares of TTM Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, October 24th. Truist Financial boosted their price objective on shares of TTM Technologies from $78.00 to $91.00 and gave the stock a "buy" rating in a report on Friday, December 19th. B. Riley upped their price objective on shares of TTM Technologies from $75.00 to $81.00 and gave the company a "buy" rating in a research note on Wednesday, December 3rd. Finally, Needham & Company LLC lifted their target price on shares of TTM Technologies from $77.00 to $79.00 and gave the stock a "buy" rating in a research report on Wednesday, November 12th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $76.50.
View Our Latest Research Report on TTM Technologies
TTM Technologies Company Profile
(
Get Free Report)
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.
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