TTM Technologies (TTMI) EVP Shawn Powers Sells $2.1M of Stock

Shawn Powers, the Executive Vice President and Chief Human Resources Officer at TTM Technologies, Inc. (NasdaqGS: TTMI), sold 9,856 shares of the company. This transaction, which took place on June 23, 2026, was part of a pre-planned trading strategy. The shares were sold at an average price of $209.80, totaling about $2.07 million.

Insider Buying and Selling at TTM Technologies, Inc.

Several other insiders at TTM Technologies also executed planned sales on June 23, 2026. Catherine Gridley, EVP and A&D Sector President, sold 8,966 shares. Daniel Weber, EVP, CLO & Secretary, sold 8,533 shares. James Walsh, the Chief Operating Officer, parted with 2,916 shares. Daniel Boehle, the EVP and CFO, sold 6,341 shares. Dale Martin Knecht, SVP of Information Technology, sold 6,754 shares, and Robert Farrell, President C&C, sold 2,920 shares. Each transaction was completed at a similar average price.

TTM Technologies, Inc. Stock Up 103.8%

Shares of TTM Technologies traded around $210.57 on Friday. The company, which has a market cap of approximately $23 billion, operates with a P/E ratio of 120.4 and a forward P/E of 41.0. The stock's 52-week range spans from $35.52 to $223.83, with a 50-day moving average of $161.70 and a 200-day moving average of $97.93. 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.

Analysts Set New Price Targets

On June 18, 2026, Needham maintained its buy rating on TTM Technologies, setting a price target of $220. Other analysts such as Stifel and Truist Securities have also kept buy ratings with targets at $205 and $215, respectively, in recent months. The consensus among analysts is a strong buy, with an average price target of $212.

About TTM Technologies

TTM Technologies, Inc. is a technology company based in Santa Ana, California. It specializes in manufacturing and selling a variety of electronic components, including mission systems, RF components, and printed circuit boards. The company serves a wide range of industries, such as aerospace, defense, automotive, and medical sectors. With a workforce of about 18,200 employees, TTM Technologies operates across the United States, Taiwan, and internationally.

Bottom Line

Shawn Powers' sale of shares is part of a planned transaction, reflecting a common practice among executives. TTM Technologies continues to attract attention from analysts, who largely recommend the stock as a strong buy. Investors should note that insider sales can be part of routine financial planning and might not necessarily indicate a negative outlook on the company's prospects.