TTM Technologies, Inc. (NASDAQ:TTMI) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 15.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,247 shares of the technology company’s stock after purchasing an additional 4,316 shares during the quarter. Sanctuary Advisors LLC’s holdings in TTM Technologies were worth $589,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC increased its position in TTM Technologies by 67.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,598 shares of the technology company’s stock valued at $29,000 after acquiring an additional 642 shares during the period. Quarry LP bought a new stake in shares of TTM Technologies during the third quarter valued at about $34,000. Covestor Ltd raised its stake in shares of TTM Technologies by 3,220.3% during the third quarter. Covestor Ltd now owns 1,959 shares of the technology company’s stock valued at $36,000 after purchasing an additional 1,900 shares in the last quarter. Innealta Capital LLC acquired a new stake in TTM Technologies in the second quarter worth about $64,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in TTM Technologies in the 3rd quarter valued at about $143,000. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Price Performance

Shares of NASDAQ TTMI opened at $25.34 on Wednesday. TTM Technologies, Inc. has a twelve month low of $13.43 and a twelve month high of $28.00. The company has a current ratio of 2.00, a quick ratio of 1.70 and a debt-to-equity ratio of 0.59. The firm has a 50-day moving average of $23.38 and a two-hundred day moving average of $20.65. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 38.39 and a beta of 1.21.

Insider Buying and Selling

In other TTM Technologies news, insider Jeff Jankowsky sold 5,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $25.00, for a total value of $125,000.00. Following the completion of the transaction, the insider now directly owns 50,273 shares in the company, valued at $1,256,825. This trade represents a 9.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Douglas L. Soder sold 5,985 shares of TTM Technologies stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $25.00, for a total transaction 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 have sold 47,044 shares of company stock worth $1,163,803 in the last ninety days. 1.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

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 report on Monday, December 9th.

About TTM Technologies

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.