Dale Martin Knecht, Senior Vice President of Information Technology at TTM Technologies Inc. (NASDAQ:TTMI), executed a transaction involving the sale of 2,034 shares of common stock on June 25, 2026. The total value of these sales was $420,800. The shares were sold at prices ranging from $204.95 to $218.27 per share. These sales were executed as part of a pre-arranged 10b5-1 trading plan, which Mr. Knecht adopted on February 24, 2026. According to footnote disclosures, the purpose of these transactions was solely to cover tax liabilities incurred from the vesting of restricted stock units (RSUs). Following these direct sales, Mr. Knecht directly holds 66,336 shares of TTM Technologies common stock.
This transaction occurs against a backdrop of significant market activity for TTM Technologies. The company has recently announced its intent to acquire Swiss Technology Group AG and ILFA GmbH in separate all-cash transactions, pending regulatory approvals. This move is part of TTM’s strategy to expand its footprint in the European market, focusing on advanced printed circuit board technology. Additionally, TTM Technologies has opened a new Ultra-High-Density Interconnect printed circuit board manufacturing facility in Syracuse, New York. This facility, representing a $130 million investment, includes $30 million from the U.S. Department of Defense and will serve aerospace and defense applications. TTM Technologies is also set to join the Russell 1000 Index, moving from the Russell 2000 Index. Furthermore, TTM’s Mini-Xinger product portfolio has achieved AEC-Q200 qualification, confirming its suitability for automotive and high-reliability applications.
The timing of the sale coincides with recent market volatility, as the stock has declined 13.5% over the past week, though it remains up 376% over the past year. This dramatic performance reflects the stock’s high volatility, with a beta of 2.11. InvestingPro subscribers have access to 19 additional tips about TTMI’s performance and valuation metrics. According to InvestingPro analysis, TTMI currently appears overvalued relative to its Fair Value. Investors seeking deeper insights can access comprehensive Pro Research Reports available for TTMI and 1,400+ other US equities.
Real-time data indicates the stock price at 15:06:44 USD, showing a decline of 6.27 (-3.27%) from the previous close of 191.50. The price action is tracked across multiple timeframes including 1D, 1W, 1M, 6M, 1Y, and 5Y. The data is provided by Highcharts 11.4.8. The chart displays price movements from 13:30 to 19:00, with prices ranging from 170 to 190.
These developments underscore TTM Technologies’ ongoing efforts to enhance its market position and product offerings. The acquisition of European entities and the expansion of manufacturing capabilities in the United States highlight a strategic focus on growth and technological advancement. The qualification of the Mini-Xinger portfolio for automotive applications further diversifies the company's revenue streams and strengthens its position in high-reliability sectors.