Shawn Powers Acquires Shares of TTM Technologies
TTM Technologies EVP buys 4,900 shares, reflecting insider confidence.
Key Points
- Shawn Powers, EVP of TTM Technologies, purchased 4,900 shares on June 24, 2026, at an undisclosed price.
- Shares of TTMI traded at $210.57 on Friday, with a market cap of $21.87 billion and a P/E ratio of 115.07.
- Analysts maintain a strong buy consensus, with Needham setting a price target of $220.
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Shawn Powers, Executive Vice President and Chief Human Resources Officer at TTM Technologies, Inc., bought 4,900 shares of the company on June 24, 2026. The transaction was not part of a pre-planned trading program, indicating a personal decision to increase his stake in the electronic components firm.
Insider Buying and Selling at TTM Technologies, Inc.
In addition to Shawn Powers, several other executives at TTM Technologies made similar moves on June 24, 2026. Robert Farrell, President of Components & Circuits, purchased 1,813 shares. Daniel Weber, EVP, CLO & Secretary, acquired 5,077 shares. Gregory Fortier, SVP, President of Integrated Electronics, bought 1,813 shares. CEO Edwin Roks increased his holdings by 15,716 shares, and Elizabeth Romo, Chief Accounting Officer, added 2,417 shares. Lastly, Daniel Boehle, EVP and CFO, acquired 6,351 shares.
Other Institutional Activity in TTM Technologies
Among institutional investors, BlackRock, Inc. reduced its holdings by 2,770,056 shares, ending with 13,637,758 shares valued at about $1.33 billion. Vanguard Portfolio Management LLC opened a new position with 6,397,969 shares worth approximately $623.3 million. Invesco Ltd. increased its stake by 199,424 shares to 5,179,515 shares, valued at $504.6 million. Vanguard Capital Management LLC also initiated a new position, buying 4,463,541 shares valued at $434.8 million. Dimensional Fund Advisors LP cut its position by 879,747 shares, bringing its total to 4,311,094 shares, worth $419.9 million.
TTM Technologies, Inc. Stock Up 61.4%
Shares of NasdaqGS:TTMI traded near $210.57 on Friday. TTM Technologies has a market capitalization of approximately $21.87 billion. The stock's P/E ratio stands at 115.07, with a forward P/E of 38.99 and a beta of 2.11, suggesting higher volatility compared to the market. The 52-week range for the stock is between $39.20 and $223.83. The company's 50-day moving average is $169.33, and the 200-day moving average is $101.27. TTM Technologies maintains a current ratio of 1.89 and a quick ratio of 1.52, with a debt-to-equity ratio of 57.1.
$TTMI stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
TTM Technologies reported revenue of $3.10 billion, showing a growth rate of 30.4%. The company achieved a net margin of 6.29% and a return on equity of 11.40%. Earnings per share stood at $1.83. The next earnings report is scheduled for April 29, 2026.
Analysts Set New Price Targets
On June 18, 2026, Needham maintained its 'buy' rating on TTM Technologies with a price target of $220. Earlier, on May 28, 2026, Stifel and Truist Securities also maintained 'buy' ratings, with price targets of $205 and $215, respectively. The consensus among analysts remains a strong buy, with an average target price of $212 based on four opinions.
About TTM Technologies
TTM Technologies, Inc., headquartered in Santa Ana, California, is a leading provider in the technology sector, specifically in electronic components. The company manufactures and sells a variety of products, including mission systems, RF components, and printed circuit boards. It operates in the aerospace and defense, data center computing, automotive, medical, industrial, instrumentation, and networking markets. With a workforce of 18,200 employees, TTM Technologies serves clients worldwide under the leadership of CEO Dr. Edwin Roks.
Bottom Line
Shawn Powers' recent purchase of TTM Technologies shares adds to a series of insider buys, reflecting confidence in the company's future. The stock's strong performance and analyst ratings suggest optimism among both insiders and the broader market. However, it's important to remember that insider transactions are just one piece of the investment puzzle.
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