TTM Technologies Achieves Final Cybersecurity Maturity Model Certification Level 2

TTM Technologies achieves CMMC Level 2 certification, enhancing its commitment to cybersecurity for defense contractors.

Quiver AI Summary

TTM Technologies, Inc. has achieved Final Cybersecurity Maturity Model Certification (CMMC) Level 2, affirming its commitment to protecting Controlled Unclassified Information and complying with the U.S. Department of Defense’s cybersecurity requirements. This certification involves implementing 110 security practices based on NIST SP 800-171, marking a significant milestone for defense contractors. TTM's successful appraisal reflects its dedication to maintaining strict security standards across its operations and partnerships, reinforcing its reputation as a reliable partner for customers, suppliers, and government entities. The company plans to continue investing in cybersecurity governance to adapt to the evolving CMMC standards.

Potential Positives

TTM Technologies has achieved Final Cybersecurity Maturity Model Certification (CMMC) Level 2, reinforcing its commitment to cybersecurity and safeguarding Controlled Unclassified Information (CUI).
This certification enhances TTM’s credibility and strengthens its position as a trusted partner for the U.S. Department of Defense and other government entities.
The successful appraisal demonstrates TTM's adherence to stringent security standards, which can differentiate the company in a competitive market and potentially lead to increased business opportunities.

Potential Negatives

CMMC Level 2 certification, while a positive milestone, implies that TTM Technologies has not yet attained the higher Level 3 certification, potentially limiting its competitiveness in the defense sector.
The press release does not provide detailed information on any potential cybersecurity incidents or gaps that could undermine the company's reputation despite the new certification.
Continuous investment in cybersecurity governance indicates ongoing resource allocation which may strain financials or divert focus from other business areas.

FAQ

What is CMMC Level 2 certification?

CMMC Level 2 certification is a cybersecurity standard requiring the implementation of 110 security practices per NIST SP 800-171.

Why is TTM Technologies’ CMMC Level 2 certification important?

This certification demonstrates TTM's commitment to safeguarding Controlled Unclassified Information (CUI) and fulfilling DoD cybersecurity requirements.

How does TTM Technologies enhance its cybersecurity measures?

TTM invests in comprehensive cybersecurity governance and adheres to strict security standards across its systems, processes, and partner networks.

What services does TTM Technologies provide?

TTM offers technology solutions including mission systems, RF components, RF microwave/microelectronic assemblies, and advanced printed circuit boards.

How can I contact TTM Technologies for more information?

You can contact Sameer Desai at [email protected] or Winnie Ng at [email protected] for inquiries.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$TTMI Insider Trading Activity

$TTMI insiders have traded $TTMI stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.

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

PHILIP TITTERTON (EVP & COO) has made 0 purchases and 2 sales selling 48,278 shares for an estimated $1,488,263.
DALE MARTIN KNECHT (SVP Information Technology) has made 0 purchases and 6 sales selling 33,446 shares for an estimated $1,110,518.
DANIEL J WEBER (EVP, General Counsel) has made 0 purchases and 2 sales selling 35,170 shares for an estimated $990,313.
TOM CLAPPROOD (PresA&D Interconnect Solutions) has made 0 purchases and 2 sales selling 25,000 shares for an estimated $965,164.
DOUGLAS L SODER (EVP, President) sold 24,972 shares for an estimated $749,160
CATHERINE A GRIDLEY (EVP, A&D Sector President) has made 0 purchases and 2 sales selling 10,000 shares for an estimated $257,661.
STEVEN SPOTO (See Remarks) sold 500 shares for an estimated $12,160
ROBERT P. FARRELL (President C&C) sold 460 shares for an estimated $12,111

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$TTMI Hedge Fund Activity

We have seen 136 institutional investors add shares of $TTMI stock to their portfolio, and 136 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

THRIVENT FINANCIAL FOR LUTHERANS removed 2,945,304 shares (-53.6%) from their portfolio in Q1 2025, for an estimated $60,408,185
BANK OF AMERICA CORP /DE/ added 807,691 shares (+271.9%) to their portfolio in Q1 2025, for an estimated $16,565,742
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 769,273 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $15,777,789
BLACKROCK, INC. removed 651,660 shares (-3.6%) from their portfolio in Q1 2025, for an estimated $13,365,546
ALLIANCEBERNSTEIN L.P. removed 538,699 shares (-36.4%) from their portfolio in Q1 2025, for an estimated $11,048,716
HOOD RIVER CAPITAL MANAGEMENT LLC added 498,116 shares (+81.0%) to their portfolio in Q1 2025, for an estimated $10,216,359
AMERIPRISE FINANCIAL INC added 474,775 shares (+205.0%) to their portfolio in Q1 2025, for an estimated $9,737,635

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$TTMI Analyst Ratings

Wall Street analysts have issued reports on $TTMI in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Stifel issued a "Buy" rating on 07/31/2025
Needham issued a "Buy" rating on 07/31/2025
B. Riley Securities issued a "Buy" rating on 07/17/2025
Truist Securities issued a "Buy" rating on 06/09/2025

To track analyst ratings and price targets for $TTMI, check out Quiver Quantitative'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 $52.5.

Here are some recent targets:

Ruben Roy from Stifel set a target price of $55.0 on 07/31/2025
James Ricchiuti from Needham set a target price of $56.0 on 07/31/2025
Mike Crawford from B. Riley Securities set a target price of $50.0 on 07/17/2025
William Stein from Truist Securities set a target price of $48.0 on 07/07/2025

Full Release

SANTA ANA, Calif., Aug. 08, 2025 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies, quick-turn and technologically advanced printed circuit boards (“PCB”s), today announced that it has been officially appraised at Final Cybersecurity Maturity Model Certification (“CMMC”) Level 2 , demonstrating the company’s strong commitment to safeguarding Controlled Unclassified Information (“CUI”) and to meeting the Cybersecurity requirements of the U.S. Department of Defense (“DoD”).

CMMC Level 2 certification is an important milestone for defense contractors, requiring the implementation and certification of 110 security practices aligned with the National Institute of Standards and Technology (“NIST”) SP 800-171. TTM’s successful appraisal underscores its adherence to strict security standards across its internal systems, processes, and partner networks.

This certification further enhances TTM’s position as a trusted partner to its customers, suppliers, and to the government entities with which it serves. TTM will continue to invest in comprehensive cybersecurity governance across its classified and unclassified offerings and remains committed to continuous improvement as CMMC evolves in the future.

About TTM
TTM Technologies, Inc. is a leading global manufacturer of technology solutions, including mission systems, radio frequency (“RF”) components, RF microwave/microelectronic assemblies, and quick-turn and technologically advanced printed circuit boards (“PCB”s). TTM stands for time-to-market, representing how TTM's time-critical, one-stop design, engineering and manufacturing services enable customers to reduce the time required to develop new products and bring them to market. Additional information can be found at www.ttm.com .

Contact:

Sameer Desai,
Vice President, Corporate Development & Investor Relations
TTM Technologies, Inc.
[email protected]
714-327-3050

Winnie Ng
Vice President, Corporate Marketing
TTM Technologies, Inc.
+852 2660 4287 / +1 714 327 3000
[email protected]