Key Points
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The acquisition of shares at $111.77 each represents a total capital commitment of $1.1 million.
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This transaction increased the executive’s direct equity holdings by 18% relative to the position held before the filing.
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All purchased shares are held directly, bringing the total direct position to 64,814 shares.
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This open-market purchase occurred as the stock maintained a one-year return of 155% as of the August 25, 2026 transaction date.
Edwin Roks, the President and CEO, purchased 10,000 shares of TTM Technologies, Inc.(NASDAQ:TTMI) on August 25, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $1.1 million |
| Shares purchased | 10,000 |
| Post-transaction shares (directly held) | 64,814 |
| Post-transaction value | $7.28 million |
Transaction value based on SEC Form 4 weighted average purchase price ($111.77); post-transaction value based on Aug. 25, 2026 market close ($112.30).
Key questions
- How does this transaction relate to the executive’s total equity position?
The purchase of 10,000 shares expanded the direct stake by 18%, resulting in a total position of 64,814 shares. This direct interest is valued at $7.28 million based on the market close on the date of the transaction. - What was the execution context for this acquisition?
The shares were acquired in multiple open-market transactions at prices ranging from $111.73 to $111.88, resulting in a weighted average price of $111.77 per share. - What is the current market valuation context for TTM Technologies?
The company holds a market capitalization of $11.1 billion and generated $3.4 billion in trailing twelve-month revenue, while the stock was priced at $107.12 as of the Aug. 24, 2026 market close. - Does the insider hold other forms of equity?
Direct ownership accounts for the entirety of the reported 64,814 shares, which represent an insider ownership percentage of 0.0624% of the total shares outstanding.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-24) | $107.12 |
| Market Capitalization | $11.1 billion |
| Revenue (TTM) | $3.4 billion |
| Net Income (TTM) | $236.8 million |
Company Snapshot
- TTM Technologies manufactures and distributes a comprehensive portfolio of printed circuit boards (PCBs) and RF&S components, including conventional and high-density interconnect (HDI) designs, substrate-like (SLP) boards, flexible and rigid-flex solutions, and specialized RF and microwave circuits.
- The company generates revenue through its two primary operating segments–Printed Circuit Boards and RF&S Components–serving as a critical supplier of interconnect and component solutions to manufacturers across multiple industries.
- TTM Technologies serves a diverse customer base in the technology, telecommunications, aerospace, defense, and industrial sectors, with a global operational footprint supporting enterprise-level clients requiring advanced PCB and RF component solutions.
TTM Technologies operates as a global leader in advanced printed circuit board manufacturing and RF component production, with 18,200 employees and a market capitalization of $11.1 billion. The company has demonstrated significant momentum, with TTM revenue of $3.4 billion and net income of $236.8 million, reflecting strong operational execution in a capital-intensive manufacturing environment. TTM’s competitive positioning is anchored in its specialized manufacturing capabilities for complex PCB designs and RF solutions, serving mission-critical applications across high-growth end markets.
What this transaction means for investors
Driven by booming adoption of artificial intelligence and robust aerospace and defense activity, TTM Technologies anticipates annual revenue growth of up to 20% through 2030. AI serves as a major catalyst across four of the company’s five primary sectors: medical, data center computing, networking, and industrial instrumentation. The remaining division–aerospace and defense–accounts for roughly 40% of overall revenue. Growth in this segment is fueled by U.S. inventory replenishment following international tensions, as well as the creation of ARAAM, a next-generation fighter-integrated missile platform designed for autonomous target tracking beyond the pilot’s line of sight.
In late April, TTMI posted first-quarter earnings that surpassed analyst estimates, delivering $848 million in revenue and $0.75 in EPS. Building on this momentum, leadership expects AI and defense tailwinds to drive second-quarter results toward $950 million in sales and $0.85 per share–representing year-over-year surges of approximately 30% and 50%, respectively.
This good outlook is bolstered by Roks’s buying. We watch for insider buys of this magnitude because of the dynamics around insider buying and selling. There are many reasons an insider may sell shares in a company. One reason could be the need to raise cash to fund a large personal expense. Another reason could be for a reasonable portfolio diversification unrelated to their outlook for the company. A third reason could be what investors fear most: a bearish outlook on the company’s future.
However, there is only one reason an insider buys stock: they believe the share price is going up.
More often than not, an insider purchase predicts a higher share price 30 days later at the least.
Roks’s $1.1 million purchase is a significant investment in TTM’s future. It’s a signal to investors that now may be the time to buy.
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Brendan Coffey has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.