TTM Technologies Inc’s filing revealed that its EVP, President Soder Douglas L unloaded Company’s shares for reported $0.15 million on Dec 05 ’24. In the deal valued at $25.00 per share,5,985 shares were sold. As a result of this transaction, Soder Douglas L now holds 179,493 shares worth roughly $4.63 million.
Then, Soder Douglas L bought 5,985 shares, generating $149,625 in total proceeds.
Before that, Soder Douglas L sold 19,015 shares. TTM Technologies Inc shares valued at $475,375 were divested by the EVP, President at a price of $25.00 per share. As a result of the transaction, Soder Douglas L now holds 185,478 shares, worth roughly $4.79 million.
Stifel upgraded its TTM Technologies Inc [TTMI] rating to a Buy from a a Hold in a research note published on May 02, 2024; the price target was increased to $19 from $15. A number of analysts have revised their coverage, including Truist’s analysts, who increased its forecast for the stock in early November from “a Hold” to “a Buy”. Stifel also remained covering TTMI and has decreased its forecast on January 26, 2023 with a “Hold” recommendation from previously “Buy” rating. Truist revised its rating on February 10, 2022. It rated TTMI as “a Hold” which previously was an “a Buy”.
Price Performance Review of TTMI
On Tuesday, TTM Technologies Inc [NASDAQ:TTMI] saw its stock jump 1.06% to $25.81. Over the last five days, the stock has gained 4.28%. TTM Technologies Inc shares have risen nearly 4.28% since the year began. Nevertheless, the stocks have risen 80.36% over the past one year. While a 52-week high of $28.00 was reached on 01/16/25, a 52-week low of $13.43 was recorded on 01/08/25. SMA at 50 days reached $24.82, while 200 days put it at $20.09.
Levels Of Support And Resistance For TTMI Stock
The 24-hour chart illustrates a support level at 25.41, which if violated will result in even more drops to 25.02. On the upside, there is a resistance level at 26.13. A further resistance level may holdings at 26.46. The Relative Strength Index (RSI) on the 14-day chart is 60.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.23%. Stochastics %K at 64.73% indicates the stock is a holding.
How much short interest is there in TTM Technologies Inc?
A steep rise in short interest was recorded in TTM Technologies Inc stocks on 2024-12-31, growing by 0.32 million shares to a total of 2.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.15 million shares. There was a rise of 13.02%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 29, 2020 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.
