Edwin Roks, TTM Technologies CEO, buys $440,349 in stock
Edwin Roks, TTM Technologies CEO, buys $440,349 in stock
Edwin Roks, President and Chief Executive Officer and a Director of TTM Technologies Inc. (NASDAQ:TTMI), acquired shares of the company’s common stock on October 28, 2026.
Mr. Roks purchased 5,000 shares at a price of $88.07 per share, totaling an investment of $440,349. Following this transaction, Mr. Roks directly beneficially owns 64,483 shares of TTM Technologies common stock.The purchase comes as TTMI stock has rebounded recently, trading at $90.79 with a one-week gain of nearly 23%, though shares remain down 34% over the past six months. According to InvestingPro analysis, the stock currently trades above its Fair Value, suggesting limited upside from current levels. The company is trading at a low P/E ratio relative to near-term earnings growth, with a PEG ratio of 0.35. This is just one of 15+ InvestingPro Tips available, alongside comprehensive Pro Research Reports covering TTMI and 1,400+ other US equities.
In other recent news, TTM Technologies reported record-breaking third-quarter 2026 results, achieving revenue of $1.2 billion, which marks a 60% increase from the previous year. The company’s non-GAAP earnings per share rose to $1.46, surpassing Wall Street estimates of $1.26 per share. Adjusted EBITDA also reached a record $242.3 million, with a margin expansion to 20.1%. Management has raised its full-year 2026 sales guidance to between $4.47 billion and $4.49 billion. Despite these strong figures, Needham adjusted its price target for TTM Technologies to $150, citing minor delays in AI data center revenue. Stifel also revised its price target to $165, maintaining a Buy rating. Meanwhile, B.Riley reiterated a Buy rating with a price target of $208, following the company’s impressive third-quarter results. These developments highlight TTM Technologies’ robust performance and ongoing growth in its data center and networking business.
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