TTM Technologies, Inc. (NASDAQ:TTMI - Get Free Report) Director Thomas Edman sold 16,800 shares of the company's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $101.62, for a total value of $1,707,216.00. Following the completion of the transaction, the director directly owned 855,171 shares of the company's stock, valued at approximately $86,902,477.02. This trade represents a 1.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
TTM Technologies Trading Down 7.9%
TTMI stock opened at $104.05 on Wednesday. TTM Technologies, Inc. has a 1-year low of $15.77 and a 1-year high of $113.46. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.93 and a quick ratio of 1.67. The company has a market capitalization of $10.76 billion, a price-to-earnings ratio of 61.57 and a beta of 1.74. The business has a 50 day simple moving average of $91.22 and a two-hundred day simple moving average of $70.40.
TTM Technologies (NASDAQ:TTMI - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The firm had revenue of $763.53 million for the quarter, compared to analysts' expectations of $752.96 million. During the same quarter last year, the business posted $0.60 earnings per share. The company's revenue for the quarter was up 19.0% compared to the same quarter last year. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Research analysts anticipate that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.
Institutional Trading of TTM Technologies
A number of institutional investors have recently bought and sold shares of the stock. Lido Advisors LLC increased its position in TTM Technologies by 1.5% during the fourth quarter. Lido Advisors LLC now owns 8,013 shares of the technology company's stock valued at $553,000 after acquiring an additional 116 shares during the last quarter. Tocqueville Asset Management L.P. boosted its stake in shares of TTM Technologies by 0.8% during the 4th quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company's stock worth $1,301,000 after purchasing an additional 158 shares during the period. Larson Financial Group LLC grew its holdings in TTM Technologies by 4.4% during the 3rd quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company's stock valued at $229,000 after purchasing an additional 167 shares during the last quarter. Optiver Holding B.V. raised its position in TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company's stock worth $25,000 after purchasing an additional 170 shares during the period. Finally, Choreo LLC lifted its stake in TTM Technologies by 1.4% in the third quarter. Choreo LLC now owns 14,196 shares of the technology company's stock worth $818,000 after purchasing an additional 191 shares during the last quarter. 95.79% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on TTMI shares. Needham & Company LLC lifted their target price on TTM Technologies from $105.00 to $125.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. B. Riley Financial upped their price objective on TTM Technologies from $81.00 to $123.00 and gave the stock a "buy" rating in a report on Thursday, January 22nd. Weiss Ratings raised shares of TTM Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, February 18th. Zacks Research raised shares of TTM Technologies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 27th. Finally, Stifel Nicolaus set a $108.00 price objective on shares of TTM Technologies in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $117.25.
Read Our Latest Stock Report on TTM Technologies
About TTM Technologies
(
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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