GAMMA Investing LLC Acquires 443 Shares of TTM Technologies, Inc. (NASDAQ:TTMI)

GAMMA Investing LLC increased its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMIFree Report) by 27.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,041 shares of the technology company’s stock after purchasing an additional 443 shares during the quarter. GAMMA Investing LLC’s holdings in TTM Technologies were worth $51,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of TTMI. Quarry LP bought a new stake in TTM Technologies during the 3rd quarter worth approximately $34,000. Covestor Ltd increased 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 purchasing an additional 1,900 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in TTM Technologies during the 3rd quarter worth approximately $143,000. nVerses Capital LLC bought a new stake in TTM Technologies during the 3rd quarter worth approximately $148,000. Finally, Virtu Financial LLC bought a new stake in TTM Technologies during the 3rd quarter worth approximately $197,000. 95.79% of the stock is owned by institutional investors.

TTM Technologies Trading Up 0.3 %

Shares of TTM Technologies stock opened at $24.75 on Tuesday. TTM Technologies, Inc. has a 1 year low of $13.43 and a 1 year high of $28.00. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.00 and a quick ratio of 1.70. The company has a market capitalization of $2.52 billion, a price-to-earnings ratio of 37.50 and a beta of 1.19. The business has a fifty day simple moving average of $24.70 and a two-hundred day simple moving average of $21.24.

Insider Activity at TTM Technologies

In related news, EVP Catherine A. Gridley sold 5,000 shares of TTM Technologies 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 transaction, the executive vice president now directly owns 115,296 shares of the company’s stock, valued at $2,899,694.40. The trade was a 4.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Douglas L. Soder sold 5,985 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $25.00, for a total value of $149,625.00. Following the completion of the transaction, the executive vice president now directly owns 179,493 shares in the company, valued at approximately $4,487,325. This trade represents a 3.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 47,044 shares of company stock valued at $1,163,803 over the last quarter. 1.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

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

View Our Latest Stock Analysis on TTM Technologies

TTM Technologies Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for TTM Technologies (NASDAQ:TTMI)

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