TTM TECHNOLOGIES INC

TTMI · Printed Circuit Boards · 103.9M shares · -1%/yr ↓ buyback · EDGAR filings ↗

Net buyback after stock comp: $2M (gross $24M, SBC $23M)

Reference price $201.95 · est. market cap ~$21.0B — last insider sale, 2026-06-23 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

B70

PCB/aerospace-defense maker with strong growth and earnings, though capex keeps free cash flow near zero.

Strengths

Strong growth and earnings — revenue +19.0% (83rd), net income +215.2% (100th)
Good margins for PCB — operating margin 9.1% (88th), net margin 6.1% (77th)

Risks

Capex absorbs cash — FCF -$0.7M (18th)
Moderate leverage — D/E 0.52
Customer-demand and order-visibility risk per risk factors — per 10-K

Notable findings

Cash burnNegative free cash flow (-0.7M)
Customer concentration~50% of revenue from one customer/distributor — In addition, for the year ended December 29, 2025, we generated approximately 50% of our net sales from non-U
Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
Exec changeRecent 8-K item 5.02 8-K ↗
Strong balance sheetStrong balance sheet — $501M cash & investments, ~2936 quarters of runway
Insider sellingInsider selling — 117 open-market sale(s) by 10 insider(s) (cluster of 10 insiders, ~$26M, last 6mo) Form 4 ↗
Notable holderHeld by 6 notable fund(s): STATE STREET CORP, FMR LLC, GOLDMAN SACHS GROUP INC +3 more (as of 2026-03-31)
AccumulatingInstitutional holders rose 10→12 QoQ (2025-12-31→2026-03-31)
New fund positionNotable fund(s) opened this quarter: RENAISSANCE TECHNOLOGIES LLC

Quarterly revenue

2025-06-30 · $731M2025-09-29 · $753M2025-12-29 · $774M2026-03-30 · $846M

Last 4 quarters · from SEC filings.

Key metrics

Gross margin

20.7%

Operating margin

9.1%

Net margin

6.1%

Return on equity

10.1%

Return on assets

4.6%

ROIC

7.8%

Revenue growth (QoQ)

9.3%

Net-income growth

215.2%

Debt / equity

0.5×

Current ratio

1.9×

Free cash flow

-$683K

Tangible book value

$937M

Cash & investments

$501M

Cash runway

2936q

Stock comp / revenue

1.4%

Insider transactions · last 18 months

Date	Insider	Type	Shares	Price
2026-06-24	Sandeen Anthony Joseph	Grant	1.8K	—
2026-06-24	Soder Douglas L	Grant	5.3K	—
2026-06-24	Walsh James P	Grant	5.3K	—
2026-06-24	Clapprood Tom	Grant	1.8K	—
2026-06-24	Weber Daniel J	Grant	5.1K	—
2026-06-24	Farrell Robert P.	Grant	1.8K	—
2026-06-24	Fortier Gregory S.	Grant	1.8K	—
2026-06-24	Gridley Catherine A	Grant	5.3K	—
2026-06-24	Powers Shawn A.	Grant	4.9K	—
2026-06-24	Roks Edwin	Grant	16K	—
2026-06-24	Romo Elizabeth	Grant	2.4K	—
2026-06-24	BOEHLE DANIEL L.	Grant	6.4K	—
2026-06-23	Weber Daniel J	Sell	1.1K	$212.60
2026-06-23	Weber Daniel J	Sell	221	$213.39
2026-06-23	BOEHLE DANIEL L.	Sell	78	$201.95
2026-06-23	BOEHLE DANIEL L.	Sell	138	$203.81
2026-06-23	BOEHLE DANIEL L.	Sell	579	$204.59
2026-06-23	BOEHLE DANIEL L.	Sell	231	$205.42
2026-06-23	BOEHLE DANIEL L.	Sell	47	$206.35
2026-06-23	BOEHLE DANIEL L.	Sell	180	$207.95
2026-06-23	BOEHLE DANIEL L.	Sell	312	$208.87
2026-06-23	BOEHLE DANIEL L.	Sell	1.3K	$209.76
2026-06-23	BOEHLE DANIEL L.	Sell	1.5K	$210.75
2026-06-23	BOEHLE DANIEL L.	Sell	1.0K	$211.67
2026-06-23	BOEHLE DANIEL L.	Sell	836	$212.60
2026-06-23	BOEHLE DANIEL L.	Sell	163	$213.39
2026-06-23	Farrell Robert P.	Sell	36	$201.95
2026-06-23	Farrell Robert P.	Sell	63	$203.81
2026-06-23	Farrell Robert P.	Sell	267	$204.59
2026-06-23	Farrell Robert P.	Sell	106	$205.42
2026-06-23	Farrell Robert P.	Sell	22	$206.35
2026-06-23	Farrell Robert P.	Sell	83	$207.95
2026-06-23	Farrell Robert P.	Sell	144	$208.87
2026-06-23	Farrell Robert P.	Sell	581	$209.76
2026-06-23	Farrell Robert P.	Sell	682	$210.75
2026-06-23	Farrell Robert P.	Sell	477	$211.67
2026-06-23	Farrell Robert P.	Sell	385	$212.60
2026-06-23	Farrell Robert P.	Sell	74	$213.39
2026-06-23	Knecht Dale Martin	Sell	83	$201.95
2026-06-23	Knecht Dale Martin	Sell	147	$203.81
2026-06-23	Knecht Dale Martin	Sell	617	$204.59
2026-06-23	Knecht Dale Martin	Sell	246	$205.42
2026-06-23	Knecht Dale Martin	Sell	50	$206.35
2026-06-23	Knecht Dale Martin	Sell	192	$207.95
2026-06-23	Knecht Dale Martin	Sell	332	$208.87
2026-06-23	Knecht Dale Martin	Sell	1.3K	$209.76
2026-06-23	Knecht Dale Martin	Sell	1.6K	$210.75
2026-06-23	Knecht Dale Martin	Sell	1.1K	$211.67
2026-06-23	Knecht Dale Martin	Sell	890	$212.60
2026-06-23	Knecht Dale Martin	Sell	174	$213.39
2026-06-23	Walsh James P	Sell	36	$201.95
2026-06-23	Walsh James P	Sell	63	$203.81
2026-06-23	Walsh James P	Sell	266	$204.59
2026-06-23	Walsh James P	Sell	106	$205.42
2026-06-23	Walsh James P	Sell	22	$206.35
2026-06-23	Walsh James P	Sell	83	$207.95
2026-06-23	Walsh James P	Sell	143	$208.87
2026-06-23	Walsh James P	Sell	580	$209.76
2026-06-23	Walsh James P	Sell	681	$210.75
2026-06-23	Walsh James P	Sell	476	$211.67
2026-06-23	Walsh James P	Sell	384	$212.60
2026-06-23	Walsh James P	Sell	76	$213.39
2026-06-23	Gridley Catherine A	Sell	110	$201.95
2026-06-23	Gridley Catherine A	Sell	195	$203.81
2026-06-23	Gridley Catherine A	Sell	819	$204.59
2026-06-23	Gridley Catherine A	Sell	326	$205.42
2026-06-23	Gridley Catherine A	Sell	66	$206.35
2026-06-23	Gridley Catherine A	Sell	254	$207.95
2026-06-23	Gridley Catherine A	Sell	441	$208.87
2026-06-23	Gridley Catherine A	Sell	1.8K	$209.76
2026-06-23	Gridley Catherine A	Sell	2.1K	$210.75
2026-06-23	Gridley Catherine A	Sell	1.5K	$211.67
2026-06-23	Gridley Catherine A	Sell	1.2K	$212.60
2026-06-23	Gridley Catherine A	Sell	233	$213.39
2026-06-23	Powers Shawn A.	Sell	121	$201.95
2026-06-23	Powers Shawn A.	Sell	214	$203.81
2026-06-23	Powers Shawn A.	Sell	901	$204.59
2026-06-23	Powers Shawn A.	Sell	358	$205.42
2026-06-23	Powers Shawn A.	Sell	73	$206.35
2026-06-23	Powers Shawn A.	Sell	280	$207.95
2026-06-23	Powers Shawn A.	Sell	485	$208.87
2026-06-23	Powers Shawn A.	Sell	2.0K	$209.76
2026-06-23	Powers Shawn A.	Sell	2.3K	$210.75
2026-06-23	Powers Shawn A.	Sell	1.6K	$211.67
2026-06-23	Powers Shawn A.	Sell	1.3K	$212.60
2026-06-23	Powers Shawn A.	Sell	255	$213.39
2026-06-23	Soder Douglas L	Sell	110	$201.95
2026-06-23	Soder Douglas L	Sell	193	$203.81
2026-06-23	Soder Douglas L	Sell	813	$204.59
2026-06-23	Soder Douglas L	Sell	324	$205.42
2026-06-23	Soder Douglas L	Sell	253	$207.95
2026-06-23	Soder Douglas L	Sell	438	$208.87
2026-06-23	Soder Douglas L	Sell	1.8K	$209.76
2026-06-23	Soder Douglas L	Sell	2.1K	$210.75
2026-06-23	Soder Douglas L	Sell	1.5K	$211.67
2026-06-23	Soder Douglas L	Sell	1.2K	$212.60
2026-06-23	Soder Douglas L	Sell	229	$213.39
2026-06-23	Soder Douglas L	Sell	66	$206.35
2026-06-23	Clapprood Tom	Sell	80	$213.39
2026-06-23	Weber Daniel J	Sell	105	$201.95
2026-06-23	Weber Daniel J	Sell	185	$203.81
2026-06-23	Weber Daniel J	Sell	780	$204.59
2026-06-23	Weber Daniel J	Sell	310	$205.42
2026-06-23	Weber Daniel J	Sell	63	$206.35
2026-06-23	Weber Daniel J	Sell	242	$207.95
2026-06-23	Weber Daniel J	Sell	420	$208.87
2026-06-23	Weber Daniel J	Sell	1.7K	$209.76
2026-06-23	Weber Daniel J	Sell	2.0K	$210.75
2026-06-23	Weber Daniel J	Sell	1.4K	$211.67
2026-06-23	Clapprood Tom	Sell	66	$203.81
2026-06-23	Clapprood Tom	Sell	37	$201.95
2026-06-23	Clapprood Tom	Sell	277	$204.59
2026-06-23	Clapprood Tom	Sell	110	$205.42
2026-06-23	Clapprood Tom	Sell	22	$206.35
2026-06-23	Clapprood Tom	Sell	86	$207.95
2026-06-23	Clapprood Tom	Sell	149	$208.87
2026-06-23	Clapprood Tom	Sell	603	$209.76
2026-06-23	Clapprood Tom	Sell	709	$210.75
2026-06-23	Clapprood Tom	Sell	496	$211.67
2026-06-23	Clapprood Tom	Sell	400	$212.60
2026-05-07	McCarthy Ryan D	Grant	1.4K	—
2026-05-07	Korte Daniel G.	Grant	1.4K	—
2026-05-06	Jackson Pamela B.	Grant	1.8K	—
2026-05-06	ENGLAND JULIE SPICER	Grant	1.8K	—
2026-05-06	Lenard Chantel E	Grant	1.8K	—
2026-05-06	Ali Wajid	Grant	1.8K	—
2026-05-06	FRANKLIN PHILIP G	Grant	1.8K	—
2026-05-06	Geveden Rex D	Grant	2.3K	—
2026-05-01	EDMAN THOMAS T	Sell	17K	$157.06
2026-04-02	Walsh James P	Tax withheld	1.9K	$90.72
2026-04-01	EDMAN THOMAS T	Sell	17K	$100.23
2026-03-02	EDMAN THOMAS T	Sell	17K	$101.62
2026-02-20	Gridley Catherine A	Sell	20K	$105.94
2026-02-13	Weber Daniel J	Sell	12K	$93.88
2026-02-13	Weber Daniel J	Tax withheld	20K	$93.12
2026-02-13	Powers Shawn A.	Tax withheld	23K	$93.12
2026-02-13	Knecht Dale Martin	Tax withheld	13K	$93.12
2026-02-13	Soder Douglas L	Tax withheld	20K	$93.12
2026-02-13	Gridley Catherine A	Tax withheld	20K	$93.12
2026-02-13	Gridley Catherine A	Sell	10K	$95.11
2026-02-13	BOEHLE DANIEL L.	Tax withheld	9.4K	$93.12
2026-02-13	EDMAN THOMAS T	Tax withheld	58K	$93.12
2026-02-13	EDMAN THOMAS T	Sell	13K	$94.92
2026-02-13	Romo Elizabeth	Tax withheld	897	$93.57
2026-02-11	Gridley Catherine A	Grant	47K	—
2026-02-11	BOEHLE DANIEL L.	Grant	17K	—
2026-02-11	EDMAN THOMAS T	Grant	147K	—
2026-02-11	Soder Douglas L	Grant	50K	—
2026-02-11	Knecht Dale Martin	Grant	29K	—
2026-02-11	Powers Shawn A.	Grant	44K	—
2026-02-11	Weber Daniel J	Grant	44K	—
2026-02-02	EDMAN THOMAS T	Sell	17K	$96.12
2026-01-30	EDMAN THOMAS T	Tax withheld	4.7K	$100.23
2026-01-29	Fortier Gregory S.	Grant	5.6K	—
2026-01-02	EDMAN THOMAS T	Sell	17K	$69.75
2025-12-29	Fortier Gregory S.	Grant	5.6K	—
2025-12-16	Powers Shawn A.	Gift	540	—
2025-12-01	Sandeen Anthony Joseph	Sell	2.0K	$67.30
2025-11-26	EDMAN THOMAS T	Gift	13K	—
2025-11-19	ENGLAND JULIE SPICER	Option exercise	20K	$11.83
2025-11-19	ENGLAND JULIE SPICER	Sell	3.8K	$63.34
2025-11-17	Farrell Robert P.	Sell	643	$66.98
2025-11-17	Clapprood Tom	Tax withheld	297	$66.98
2025-11-17	Farrell Robert P.	Tax withheld	297	$66.98
2025-11-14	MAYER JOHN G	Sell	9.2K	$68.13
2025-11-14	Powers Shawn A.	Gift	60	—
2025-11-12	Soder Douglas L	Grant	8.5K	—
2025-11-04	Spoto Steven	Sell	1.0K	$66.95
2025-11-03	Farrell Robert P.	Sell	3.5K	$68.93
2025-09-02	Roks Edwin	Grant	39K	—
2025-08-28	Farrell Robert P.	Sell	1.5K	$46.69
2025-08-27	Gridley Catherine A	Sell	20K	$44.31
2025-08-26	Farrell Robert P.	Sell	1.5K	$45.00
2025-08-22	BOEHLE DANIEL L.	Tax withheld	5.8K	$40.86
2025-08-21	Powers Shawn A.	Gift	250	—
2025-08-19	Ali Wajid	Buy	5.0K	$40.89
2025-08-19	Gridley Catherine A	Sell	25K	$40.46
2025-08-18	Ali Wajid	Buy	5.0K	$41.75
2025-08-12	Spoto Steven	Sell	3.5K	$46.58
2025-08-11	Spoto Steven	Tax withheld	456	$45.45
2025-08-05	Clapprood Tom	Sell	15K	$44.68
2025-06-25	Knecht Dale Martin	Sell	7.5K	$39.01
2025-06-24	Sandeen Anthony Joseph	Grant	5.9K	—
2025-06-24	Gridley Catherine A	Grant	19K	—
2025-06-24	Spoto Steven	Grant	7.9K	—
2025-06-24	Soder Douglas L	Grant	19K	—
2025-06-24	Powers Shawn A.	Grant	19K	—
2025-06-24	Knecht Dale Martin	Sell	3.3K	$37.08
2025-06-24	Knecht Dale Martin	Grant	13K	—
2025-06-24	Clapprood Tom	Grant	7.9K	—
2025-06-24	Romo Elizabeth	Grant	5.9K	—
2025-06-24	Weber Daniel J	Grant	19K	—
2025-06-24	Farrell Robert P.	Grant	8.4K	—
2025-06-24	BOEHLE DANIEL L.	Grant	23K	—
2025-06-23	Titterton Philip	Tax withheld	11K	$36.39
2025-06-23	Titterton Philip	Sell	23K	$36.39
2025-06-23	Farrell Robert P.	Tax withheld	2.9K	$36.35
2025-06-23	BOEHLE DANIEL L.	Tax withheld	6.3K	$36.40
2025-06-23	Weber Daniel J	Tax withheld	12K	$36.33
2025-06-23	Clapprood Tom	Tax withheld	3.4K	$36.35
2025-06-23	Knecht Dale Martin	Tax withheld	9.6K	$36.32
2025-06-23	Powers Shawn A.	Tax withheld	14K	$36.37
2025-06-23	Soder Douglas L	Tax withheld	13K	$36.34
2025-06-23	Spoto Steven	Tax withheld	4.9K	$36.36
2025-06-23	Gridley Catherine A	Tax withheld	14K	$36.35
2025-06-23	EDMAN THOMAS T	Tax withheld	25K	$36.39
2025-06-09	Knecht Dale Martin	Sell	7.7K	$34.16
2025-06-05	Knecht Dale Martin	Sell	1.1K	$34.00
2025-05-30	Clapprood Tom	Sell	10K	$29.50
2025-05-27	ENGLAND JULIE SPICER	Grant	7.1K	—
2025-05-27	Geveden Rex D	Grant	9.2K	—
2025-05-27	Lenard Chantel E	Grant	7.1K	—
2025-05-27	Jackson Pamela B.	Grant	7.1K	—
2025-05-27	Ali Wajid	Grant	7.1K	—
2025-05-27	MAYER JOHN G	Grant	7.1K	—
2025-05-27	FRANKLIN PHILIP G	Grant	7.1K	—
2025-05-14	Soder Douglas L	Sell	25K	$30.00
2025-05-13	Weber Daniel J	Sell	20K	$29.51
2025-05-13	Knecht Dale Martin	Sell	10K	$29.52
2025-05-05	Gridley Catherine A	Sell	4.0K	$25.04
2025-02-28	Spoto Steven	Sell	500	$24.32
2025-02-20	Knecht Dale Martin	Sell	3.8K	$26.01
2025-02-20	Weber Daniel J	Sell	15K	$26.34
2025-02-18	Farrell Robert P.	Tax withheld	260	$26.33
2025-02-18	Farrell Robert P.	Sell	460	$26.33
2025-02-14	Gridley Catherine A	Sell	6.0K	$26.25
2025-02-12	Soder Douglas L	Tax withheld	16K	$25.55
2025-02-12	Weber Daniel J	Tax withheld	14K	$25.55
2025-02-12	Knecht Dale Martin	Tax withheld	8.7K	$25.55
2025-02-12	Gridley Catherine A	Tax withheld	16K	$25.56
2025-02-12	Titterton Philip	Tax withheld	12K	$25.56
2025-02-12	Titterton Philip	Sell	25K	$25.56
2025-02-12	Powers Shawn A.	Tax withheld	16K	$25.55
2025-02-12	EDMAN THOMAS T	Tax withheld	54K	$25.55
2025-02-11	Knecht Dale Martin	Grant	17K	—
2025-02-11	Powers Shawn A.	Grant	30K	—
2025-02-11	Weber Daniel J	Grant	30K	—
2025-02-11	EDMAN THOMAS T	Grant	97K	—
2025-02-11	Romo Elizabeth	Grant	6.8K	—
2025-02-11	Titterton Philip	Grant	37K	—
2025-02-11	Gridley Catherine A	Grant	31K	—
2025-02-11	Soder Douglas L	Grant	34K	—
2025-02-06	Soder Douglas L	Sell	28	$30.00
2025-02-03	SANCHEZ TONY	Tax withheld	139	$23.94
2025-02-03	SANCHEZ TONY	Sell	189	$23.94

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

Date	Items
2026-06-18	OtherExhibits	filing ↗
2026-06-03	Material agreement1.02Debt obligation3.03Reg FDExhibits	filing ↗
2026-05-27	Reg FD	filing ↗
2026-05-18	Reg FD	filing ↗
2026-05-08	Exec/director change	filing ↗
2026-05-08	Exec/director changeShareholder voteOtherExhibits	filing ↗
2026-04-29	ResultsExhibits	filing ↗
2026-02-04	ResultsExhibits	filing ↗

Recent filings

Form	Filed	Period	Accession
8-K	2026-06-18	2026-06-17	0001193125-26-274429 ↗
8-K	2026-06-03	2026-06-01	0001193125-26-255711 ↗
8-K	2026-05-27	2026-05-27	0001193125-26-240340 ↗
8-K	2026-05-18	2026-05-15	0001193125-26-229075 ↗
8-K/A	2026-05-08	2026-01-29	0001193125-26-214701 ↗
8-K	2026-05-08	2026-05-07	0001193125-26-214668 ↗
10-Q	2026-05-01	2026-03-30	0001193125-26-201403 ↗
8-K	2026-04-29	2026-04-29	0001193125-26-191490 ↗
10-K	2026-02-17	2025-12-29	0001193125-26-051976 ↗
8-K	2026-02-04	2026-02-04	0001193125-26-037560 ↗
8-K	2026-02-02	2026-01-29	0001193125-26-032638 ↗
8-K	2026-01-13	2026-01-13	0001193125-26-011807 ↗