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TTM Technologies slides as investors weigh acquisition-related debt amid a broader semiconductor selloff

Investivoq PriceTracker

TTM Technologies (TTMI) is down 7.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The catalyst appears to be a mix of balance-sheet concerns and weak sector sentiment rather than a single new operating update. This could be because investors are still digesting the company’s recent Epiq Solutions acquisition, the added borrowing used to fund it, and a sharp same-day pullback in technology and semiconductor shares.

Details:

  • TTM completed its acquisition of Epiq Solutions on September 30, expanding its aerospace and defense portfolio.
  • An SEC filing tied to that closing shows new financing that included a $300 million incremental term loan A facility and an $800 million incremental term loan B facility.
  • Earlier in September, the company also priced $500 million of senior notes due 2034, adding to the focus on leverage and financing costs after the acquisition.
  • Today’s market backdrop was also weak for the group, with technology shares lower broadly and the semiconductor ETF down more sharply, which likely added pressure to TTMI.
  • Sources:

    TTM Technologies Investor Relations, SEC, AP News, Stock Analysis

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $TTMI Insider Trading Activity

    TTMI Insider Trades

    $TTMI insiders have traded $TTMI stock on the open market 243 times in the past 6 months. Of those trades, 2 have been purchases and 241 have been sales.

    Here’s a breakdown of recent trading of $TTMI stock by insiders over the last 6 months:

    • DALE MARTIN KNECHT (SVP Information Technology) has made 0 purchases and 26 sales selling 34,966 shares for an estimated $5,557,868.
    • SHAWN A. POWERS (EVP, CHRO) has made 0 purchases and 25 sales selling 13,223 shares for an estimated $2,771,251.
    • THOMAS T EDMAN sold 16,800 shares for an estimated $2,638,608
    • CATHERINE A GRIDLEY (EVP, A&D Sector President) has made 0 purchases and 25 sales selling 12,022 shares for an estimated $2,519,544.
    • DOUGLAS L SODER (EVP, Commercial Sector Pres.) has made 0 purchases and 25 sales selling 11,776 shares for an estimated $2,468,083.
    • DANIEL J WEBER (EVP, CLO & Secretary) has made 0 purchases and 25 sales selling 11,448 shares for an estimated $2,399,238.
    • DANIEL L. BOEHLE (EVP and CFO) has made 0 purchases and 26 sales selling 10,559 shares for an estimated $2,211,597.
    • EDWIN ROKS (President and CEO) purchased 10,000 shares for an estimated $1,117,700
    • JAMES P WALSH (Chief Operating Officer) has made 0 purchases and 25 sales selling 5,029 shares for an estimated $1,053,248.
    • TOM CLAPPROOD (PresA&D Interconnect Solutions) has made 0 purchases and 25 sales selling 4,274 shares for an estimated $895,626.
    • ROBERT P. FARRELL (President C&C) has made 0 purchases and 25 sales selling 4,224 shares for an estimated $885,035.
    • REX D GEVEDEN purchased 5,000 shares for an estimated $524,500
    • ELIZABETH ROMO (Chief Accounting Officer) has made 0 purchases and 13 sales selling 720 shares for an estimated $150,422.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $TTMI Hedge Fund Activity

    We have seen 384 institutional investors add shares of $TTMI stock to their portfolio, and 240 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • LONE PINE CAPITAL LLC added 2,738,075 shares (+inf%) to their portfolio in Q2 2026, for an estimated $512,074,786
    • BLACKROCK, INC. removed 2,658,468 shares (-19.5%) from their portfolio in Q2 2026, for an estimated $497,186,685
    • JANE STREET GROUP, LLC added 1,918,712 shares (+229.0%) to their portfolio in Q2 2026, for an estimated $358,837,518
    • JPMORGAN CHASE & CO added 1,863,572 shares (+inf%) to their portfolio in Q2 2026, for an estimated $348,525,235
    • DIMENSIONAL FUND ADVISORS LP removed 1,665,397 shares (-38.6%) from their portfolio in Q2 2026, for an estimated $311,462,546
    • CAPITAL WORLD INVESTORS added 1,369,236 shares (+215.6%) to their portfolio in Q2 2026, for an estimated $256,074,516
    • NORGES BANK added 1,273,139 shares (+inf%) to their portfolio in Q2 2026, for an estimated $238,102,455

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $TTMI Government Contracts

    We have seen $28,916,259 of award payments to $TTMI over the last year.

    Here are some of the awards which we have have seen pay out the most over the last year:

    • AWARD CLINS 0007 AND 0009 TO ALLOW WORK ON PASSIVE MODE S/ADS-B: $16,022,537
    • INTERROGATOR IDENTI: $548,296
    • REPAIR OF RECEIVER/TRANSMITTER: $269,942
    • TT&E FOR RADAR LRUS: $193,011

    To track government contracts to publicy traded companies, check out Investivoq's government contracts dashboard. You can access data on government contracts through the Investivoq API government contracts endpoint.

    $TTMI Analyst Ratings

    Wall Street analysts have issued reports on $TTMI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Truist Securities issued a "Buy" rating on 04/30/2026

    To track analyst ratings and price targets for $TTMI, check out Investivoq's $TTMI forecast page.

    $TTMI Price Targets

    Multiple analysts have issued price targets for $TTMI recently. We have seen 4 analysts offer price targets for $TTMI in the last 6 months, with a median target of $211.5.

    Here are some recent targets:

    • James Ricchiuti from Needham set a target price of $220.0 on 06/18/2026
    • Mike Crawford from B. Riley Securities set a target price of $208.0 on 05/28/2026
    • Ruben Roy from Stifel set a target price of $205.0 on 05/28/2026
    • William Stein from Truist Securities set a target price of $215.0 on 05/28/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.