TTM Technologies Rallies as Investors Revisit AI, Defense, and M&A Growth Drivers

TTM Technologies (TTMI) is up 10.3% today. Here is some analysis on what might have caused this price movement.

Analysis: A single fresh headline does not appear to fully explain the move, so the rally looks tied to renewed optimism around TTM Technologies’ exposure to AI infrastructure and defense electronics, plus enthusiasm around its recently announced European acquisition. This could also be because investors are revisiting management’s growth case after recent presentations highlighted strong demand in data center, aerospace, and defense markets.

Details:

In June, the company announced plans to acquire Swiss Technology Group AG and ILFA GmbH, expanding its manufacturing footprint in Europe and deepening its position in aerospace and defense electronics.

The company also opened a new Ultra-HDI manufacturing facility in Syracuse, New York, a project aimed at strengthening domestic production for defense-related electronics and advanced circuit boards.

Management’s recent investor materials emphasized growth tied to AI-driven complexity in data center networking, along with continued strength in aerospace and defense programs.

A separate June financing update increased borrowing capacity and could give the company more flexibility for expansion, integration, and additional strategic investments.

Sources:

TTM Technologies, SEC, Zacks

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 insiders have traded $TTMI stock on the open market 247 times in the past 6 months. Of those trades, 0 have been purchases and 247 have been sales.

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

THOMAS T EDMAN has made 0 purchases and 5 sales selling 79,950 shares for an estimated $8,854,734.
CATHERINE A GRIDLEY (EVP, A&D Sector President) has made 0 purchases and 27 sales selling 42,022 shares for an estimated $5,589,444.
DANIEL J WEBER (EVP, CLO & Secretary) has made 0 purchases and 26 sales selling 23,448 shares for an estimated $3,525,798.
SHAWN A. POWERS (EVP, CHRO) has made 0 purchases and 25 sales selling 13,223 shares for an estimated $2,771,251.
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 L. BOEHLE (EVP and CFO) has made 0 purchases and 26 sales selling 10,559 shares for an estimated $2,211,597.
DALE MARTIN KNECHT (SVP Information Technology) has made 0 purchases and 25 sales selling 8,768 shares for an estimated $1,837,752.
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.
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 Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

EARLY ACCESS

Receive TTMI Data Alerts

Real-time alerts on filings, insider trades, and market signals — before everyone else.

Get Alerts →

$TTMI Hedge Fund Activity

We have seen 276 institutional investors add shares of $TTMI stock to their portfolio, and 220 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. removed 2,770,056 shares (-16.9%) from their portfolio in Q1 2026, for an estimated $269,858,855
WELLINGTON MANAGEMENT GROUP LLP added 1,125,595 shares (+408.5%) to their portfolio in Q1 2026, for an estimated $109,655,464
ALKEON CAPITAL MANAGEMENT LLC added 1,050,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $102,291,000
DIMENSIONAL FUND ADVISORS LP removed 879,747 shares (-16.9%) from their portfolio in Q1 2026, for an estimated $85,704,952
ATALAN CAPITAL PARTNERS, LP added 768,290 shares (+inf%) to their portfolio in Q1 2026, for an estimated $74,846,811
WHALE ROCK CAPITAL MANAGEMENT LLC removed 761,760 shares (-17.8%) from their portfolio in Q1 2026, for an estimated $74,210,659
GOLDMAN SACHS GROUP INC removed 726,341 shares (-43.0%) from their portfolio in Q1 2026, for an estimated $70,760,140

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

$TTMI Government Contracts

We have seen $20,650,825 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: $17,522,537
INTERROGATOR IDENTI: $548,296
REPAIR OF RECEIVER/TRANSMITTER: $269,942
EVALUATION OF SIGNAL PROC (MINO)S AND RECEIVER/TRANSMITTER FOR THE SUPPORT OF THE HC-144 AIRCRAFT.: $256,036
TTE OF RECEIVER/TRANSMITTERS FOR HC-144 AIRCRAFT.: $157,920

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

$TTMI Analyst Ratings

Wall Street analysts have issued reports on $TTMI in the last several months. We have seen 2 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
Needham issued a "Buy" rating on 02/05/2026

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 $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 Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.