2 weeks Ago By Defense World Staff
LPL Financial LLC raised its stake in shares of TTM Technologies, Inc. ( NASDAQ:TTMI – Free Report ) by 27.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 25,997 shares of the technology company’s stock after buying an additional 5,661 shares during the quarter. LPL Financial LLC’s holdings in TTM Technologies were worth $643,000 at the end of the most recent reporting period. Several other large investors have also recently bought and sold shares of TTMI.
MML Investors Services LLC bought a new position in TTM Technologies during the 3rd quarter worth about $259,000. Barclays PLC grew its holdings in shares of TTM Technologies by 59.8% during the third quarter.
Barclays PLC now owns 407,524 shares of the technology company’s stock worth $7,437,000 after buying an additional 152,456 shares in the last quarter. Virtu Financial LLC acquired a new stake in TTM Technologies in the 3rd quarter valued at approximately $197,000. Sanctuary Advisors LLC lifted its stake in TTM Technologies by 15.
5% in the 3rd quarter. Sanctuary Advisors LLC now owns 32,247 shares of the technology company’s stock valued at $589,000 after acquiring an additional 4,316 shares in the last quarter. Finally, Franklin Resources Inc.
boosted its position in TTM Technologies by 262.5% during the 3rd quarter. Franklin Resources Inc.
now owns 309,724 shares of the technology company’s stock worth $5,937,000 after acquiring an additional 224,286 shares during the last quarter. Institutional investors own 95.79% of the company’s stock.
Analyst Upgrades and Downgrades TTMI has been the topic of a number of research reports. Needham & Company LLC reissued a “buy” rating and issued a $33.00 price objective on shares of TTM Technologies in a research report on Friday, March 21st.
Stifel Nicolaus began coverage on shares of TTM Technologies in a research report on Tuesday, February 11th. They set a “buy” rating and a $33.00 price target on the stock.
TTM Technologies Trading Up 3.2 % TTM Technologies stock opened at $19.11 on Thursday.
TTM Technologies, Inc. has a 52 week low of $13.43 and a 52 week high of $30.
41. The stock has a market capitalization of $1.94 billion, a P/E ratio of 35.
39 and a beta of 1.17. The stock has a 50-day simple moving average of $21.
54 and a 200 day simple moving average of $23.01. The company has a debt-to-equity ratio of 0.
58, a quick ratio of 1.71 and a current ratio of 1.99.
TTM Technologies ( NASDAQ:TTMI – Get Free Report ) last announced its earnings results on Wednesday, February 5th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.
47 by $0.05. TTM Technologies had a net margin of 2.
30% and a return on equity of 9.74%. Analysts expect that TTM Technologies, Inc.
will post 1.76 earnings per share for the current year. Insider Activity In other news, COO Philip Titterton sold 24,792 shares of the business’s stock in a transaction dated Wednesday, February 12th.
The stock was sold at an average price of $25.56, for a total transaction of $633,683.52.
Following the sale, the chief operating officer now directly owns 157,528 shares in the company, valued at approximately $4,026,415.68. The trade was a 13.
60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website . Also, EVP Catherine A.
Gridley sold 6,000 shares of TTM Technologies stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $26.25, for a total value of $157,500.
00. Following the transaction, the executive vice president now directly owns 125,206 shares in the company, valued at $3,286,657.50.
The trade was a 4.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
In the last quarter, insiders have sold 50,817 shares of company stock worth $1,316,006. Insiders own 1.30% of the company’s stock.
TTM Technologies 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.
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