TTM Technologies (NASDAQ:TTMI) Shares Gap Up – Here’s What Happened

11 Sep 2026, 15:02 by Mitch Edgeman · The Markets Daily

TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $122.34, but opened at $127.24. TTM Technologies shares last traded at $124.32, with a volume of 188,845 shares.

Analyst Upgrades and Downgrades

TTMI has been the subject of a number of research analyst reports. Truist Financial upped their price objective on shares of TTM Technologies from $215.00 to $224.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Needham & Company LLC restated a “buy” rating and set a $220.00 price target on shares of TTM Technologies in a research note on Tuesday, August 18th. Wall Street Zen downgraded TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 30th. B. Riley Financial boosted their price objective on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Finally, Weiss Ratings lowered TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, TTM Technologies currently has an average rating of “Buy” and an average target price of $214.25.

View Our Latest Report on TTMI

TTM Technologies Trading Up 3.4%

The company has a market cap of $13.32 billion, a P/E ratio of 57.11 and a beta of 2.15. The company has a quick ratio of 1.54, a current ratio of 1.78 and a debt-to-equity ratio of 0.50. The business has a 50-day moving average price of $129.26 and a two-hundred day moving average price of $138.53.

TTM Technologies (NASDAQ:TTMI – Get Free Report) last issued its earnings results on Thursday, August 6th. The technology company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.89 by $0.10. The company had revenue of $1 billion during the quarter, compared to analysts’ expectations of $962.04 million. TTM Technologies had a net margin of 7.01% and a return on equity of 15.67%. The business’s revenue for the quarter was up 37.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS. On average, analysts predict that TTM Technologies, Inc. will post 4.26 EPS for the current year.

Insider Buying and Selling

In related news, EVP Daniel J. Weber sold 2,915 shares of TTM Technologies stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $609,060.10. Following the sale, the executive vice president owned 88,250 shares of the company’s stock, valued at approximately $18,438,955. The trade was a 3.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Shawn A. Powers sold 3,367 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $703,500.98. Following the transaction, the executive vice president directly owned 120,801 shares in the company, valued at $25,240,160.94. This trade represents a 2.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 108,241 shares of company stock valued at $20,911,975. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System increased its stake in shares of TTM Technologies by 18,244.6% during the second quarter. California State Teachers Retirement System now owns 21,964,564 shares of the technology company’s stock worth $4,107,813,000 after purchasing an additional 21,844,831 shares during the period. BlackRock Inc. acquired a new position in TTM Technologies in the 2nd quarter valued at $2,053,347,000. Invesco Ltd. grew its holdings in TTM Technologies by 3.5% in the 4th quarter. Invesco Ltd. now owns 4,980,091 shares of the technology company’s stock valued at $343,626,000 after buying an additional 166,188 shares in the last quarter. Whale Rock Capital Management LLC increased its position in TTM Technologies by 112.1% during the 4th quarter. Whale Rock Capital Management LLC now owns 4,276,320 shares of the technology company’s stock worth $295,066,000 after buying an additional 2,260,035 shares during the period. Finally, Polar Capital Holdings Plc acquired a new stake in shares of TTM Technologies during the third quarter worth $176,376,000. 95.79% of the stock is currently owned by institutional investors.

TTM Technologies Company Profile

(Get Free Report)

TTM Technologies, Inc (NASDAQ: TTMI) is a global manufacturer of technology solutions for electronic devices and systems. The company primarily produces printed circuit boards (PCBs), including high-density interconnect, flexible and rigid-flex boards, radio-frequency and microwave circuits, and other advanced PCB technologies.

TTM also provides engineering, prototype development, testing and assembly services that support the design and production of electronic products. Its solutions are used in aerospace and defense, data center computing, automotive, medical, industrial, instrumentation and other communications-related applications.