TTM Technologies, Inc. (NASDAQ:TTMI) Stock Position Raised by Fmr LLC

Fmr LLC boosted its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 67.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,338 shares of the technology company’s stock after acquiring an additional 5,750 shares during the period. Fmr LLC’s holdings in TTM Technologies were worth $262,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC raised its position in shares of TTM Technologies by 67.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,598 shares of the technology company’s stock worth $29,000 after purchasing an additional 642 shares during the period. Covestor Ltd grew its stake in TTM Technologies by 3,220.3% during the 3rd quarter. Covestor Ltd now owns 1,959 shares of the technology company’s stock worth $36,000 after buying an additional 1,900 shares during the last quarter. Innealta Capital LLC acquired a new stake in TTM Technologies in the second quarter worth $64,000. nVerses Capital LLC bought a new stake in TTM Technologies in the third quarter valued at $148,000. Finally, Mackenzie Financial Corp acquired a new position in shares of TTM Technologies during the second quarter valued at $225,000. Institutional investors own 95.79% of the company’s stock.

Insider Activity

In other TTM Technologies news, EVP Catherine A. Gridley sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $25.15, for a total value of $125,750.00. Following the completion of the sale, the executive vice president now directly owns 115,296 shares in the company, valued at $2,899,694.40. This represents a 4.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Douglas L. Soder sold 5,985 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $25.00, for a total value of $149,625.00. Following the completion of the sale, the executive vice president now directly owns 179,493 shares in the company, valued at $4,487,325. This represents a 3.23 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,044 shares of company stock valued at $1,163,803. Company insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Separately, Needham & Company LLC reiterated a “buy” rating and issued a $30.00 price objective (up from $26.00) on shares of TTM Technologies in a research report on Monday, December 9th.

TTM Technologies Stock Up 0.3 %

TTMI opened at $24.81 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.00 and a quick ratio of 1.70. TTM Technologies, Inc. has a 12 month low of $13.43 and a 12 month high of $28.00. The stock’s 50 day moving average price is $23.03 and its 200 day moving average price is $20.49. The stock has a market cap of $2.53 billion, a P/E ratio of 37.59 and a beta of 1.21.

TTM Technologies Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.