TTM Technologies (TTMI) Sees Almost 28% Jump in Insider Position Following Recent Dip Muhammad Ali Tue, November 10, 2026 at 2:15 PM EST 4 min read TTMI -5.60% AAOI -7.87% ^GSPC -0.57% ^DJI -0.39% ^IXIC -1.06% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
We just published a list of 10 Buy the Dip Stocks Insiders Are Loading Up On After the Recent Market Sell-Off, and TTM Technologies Inc. (NASDAQ:TTMI) ranked 7th on this list.
Thursday, November 5 represented the worst trading session for the U.S. market in over a year. the Nasdaq Composite dropped 5.52%, the S&P 500 fell 4.36%, and the Dow shed 3.44%, as Wall Street's post-midterm optimism could not last long. Concerns around a potential weakness in AI spending reversed the post-election rally and led to almost $2.5 trillion wiped out of the U.S. market.
In the middle of this chaos, many names showed resistance and are still trading at their all-time highs. In our recent list of 10 Best All-Time High Stocks to Buy According to Wall Street, we uncover some of the stocks that still offer captivating upside to investors.
Various market sectors took a hit, including semiconductors which got affected the most. Technology was also amongst the worst-performing segments, dipping almost 8%. Just two days prior to the November 5 crash, we covered Warren Buffett's list of the 10 best stocks with attractive upside potential.
Situations like this trigger fear within the market. But for corporate insiders, including company executives and directors, it offers attractive entry points. These insiders have a more detailed understanding of their businesses compared to investors and analysts. They know about a company's growth prospects, margin potential, and product pipelines way before the market does.
Hence, a drop in share price does not necessarily mean that their stance on the company's outlook would also change. Through open-market purchases out of their own pockets, the insiders send some clear signals to the market. Unlike stock awards or option exercises, these purchases come out of personal savings, and no one is forced to make them.
TTM Technologies Inc. is amongst the stocks that have seen a notable amount of insider purchases from October 6 to November 6, following a major market sell-off. Stock awards and option exercises have been excluded from these qualifying purchases. The stock has dropped by more than 50% over a one month period, as of November 6.
TTM Technologies Inc. (NASDAQ:TTMI) is a global supplier of mission systems, radio frequency (RF) components, RF microwave/microelectronic assemblies, and printed circuit boards (PCBs). The stock dropped close to 30% during a single session on October 22, and has fallen well below its 52-week high of $223.83 back in June.
Supply chain bottlenecks and an aggressive debt-fueled acquisition strategy has raised investor concerns in recent times. In its Q2 2026 investor letter for the "Focused Growth Strategy", Granahan Investment Management highlighted TTM Technologies, cutting its position to a below average size.
With a market capitalization of over $7 billion, it currently trades at a trailing earnings multiple of 26.6x, which drops significantly to a multiple of 11.1x on a forward basis. This points to expectations of more than twofold jump in earnings over the coming year.
On November 5, board member Wajid Ali increased his position in TTM Technologies by almost 28%, as he purchased 10,000 shares for a total value of $631,541. He now holds a total of 45,835 common shares in the company. You can see the history of insider purchases in TTMI here.
Data tracked across 1,000+ hedge funds by Insider Monkey reveals an increasing number of smart money managers invested in the company. As per 13F filing data for Q2 2026, a total of 89 hedge funds held positions in the stock compared to 64 by the end of the first quarter.
While we acknowledge the risk and potential of TTMI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Does the Risk-Reward Profile Still Favor Alphabet (GOOGL) Investors? and Expectations Are Soaring Faster Than Earnings: Here is What Lies Ahead for Snowflake (SNOW).
This article is originally published at Insider Monkey.
