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Recent Insider Activity Suggests Potential Gains for TTM Technologies Inc (TTMI)

In a filing, TTM Technologies Inc revealed its VP, Corporate Controller SANCHEZ TONY unloaded Company’s shares for reported $4525.0 on Feb 03 ’25. In the deal valued at $23.94 per share,189 shares were sold. As a result of this transaction, SANCHEZ TONY now holds 21,174 shares worth roughly $0.52 million.

Then, SANCHEZ TONY bought 328 shares, generating $7,852 in total proceeds.

Before that, Soder Douglas L sold 5,985 shares. TTM Technologies Inc shares valued at $149,625 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 179,493 shares, worth roughly $4.37 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 Monday, TTM Technologies Inc [NASDAQ:TTMI] saw its stock fall -0.94% to $24.36. Over the last five days, the stock has gained 2.18%. TTM Technologies Inc shares have fallen nearly -1.58% since the year began. Nevertheless, the stocks have risen 75.13% over the past one year. While a 52-week high of $28.00 was reached on 01/22/25, a 52-week low of $13.43 was recorded on 02/03/25. SMA at 50 days reached $24.90, while 200 days put it at $20.56.

Levels Of Support And Resistance For TTMI Stock

The 24-hour chart illustrates a support level at 23.75, which if violated will result in even more drops to 23.15. On the upside, there is a resistance level at 24.78. A further resistance level may holdings at 25.20. The Relative Strength Index (RSI) on the 14-day chart is 44.52, 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 bearish at 74.72%. Stochastics %K at 29.61% 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 2025-01-15, growing by 85747.0 shares to a total of 2.52 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.43 million shares. There was a rise of 3.4%, 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.

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