On May 6, 2024, Anthony Sandeen, President of AMI&I Business Unit at TTM Technologies Inc (TTMI, Financial), executed a sale of 23,683 shares of the company. The transaction was filed on the same day with the SEC.
TTM Technologies Inc (TTMI, Financial) is a leading global manufacturer of printed circuit board (PCB) products and radio-frequency (RF) components and assemblies. The company serves a diverse set of markets including aerospace, defense, automotive, networking/communications, and medical.
Over the past year, the insider has sold a total of 23,683 shares and has not made any purchases. This recent sale continues a trend observed over the past year at TTM Technologies Inc, where there have been no insider buys but 12 insider sells.
Shares of TTM Technologies Inc were trading at $17.53 on the day of the sale. This price gives the company a market cap of approximately $1.81 billion.
According to the GF Value, the intrinsic value estimate for TTM Technologies Inc is $14.65 per share, suggesting that the stock is modestly overvalued with a price-to-GF-Value ratio of 1.2.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on the company’s past performance and estimated future business outcomes provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
