1 day Ago By Defense World Staff
Renaissance Technologies LLC bought a new stake in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 49,269 shares of the technology company’s stock, valued at approximately $1,219,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. USA Financial Formulas acquired a new position in shares of TTM Technologies in the fourth quarter valued at about $25,000. Smartleaf Asset Management LLC increased its holdings in TTM Technologies by 670.
3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,402 shares of the technology company’s stock worth $35,000 after buying an additional 1,220 shares during the period. GAMMA Investing LLC raised its position in TTM Technologies by 27.
7% during the 4th quarter. GAMMA Investing LLC now owns 2,041 shares of the technology company’s stock worth $51,000 after buying an additional 443 shares during the last quarter. C2P Capital Advisory Group LLC d.
b.a. Prosperity Capital Advisors acquired a new stake in TTM Technologies during the 4th quarter valued at approximately $83,000.
Finally, Meeder Asset Management Inc. acquired a new stake in shares of TTM Technologies in the fourth quarter worth $89,000. Hedge funds and other institutional investors own 95.
79% of the company’s stock. TTM Technologies Price PerformanceShares of TTM Technologies stock opened at $20.42 on Wednesday.
The firm has a market cap of $2.08 billion, a PE ratio of 37.81 and a beta of 1.
17. TTM Technologies, Inc. has a twelve month low of $13.
43 and a twelve month high of $30.41. The company has a quick ratio of 1.
71, a current ratio of 1.99 and a debt-to-equity ratio of 0.58.
The business has a 50-day moving average price of $21.07 and a 200 day moving average price of $23.08.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.
47 by $0.05. TTM Technologies had a return on equity of 9.
74% and a net margin of 2.30%. Sell-side analysts predict that TTM Technologies, Inc.
will post 1.76 earnings per share for the current fiscal year. Wall Street Analyst Weigh InA number of analysts have recently commented on the company.
Needham & Company LLC restated a “buy” rating and issued a $33.00 target price on shares of TTM Technologies in a research note on Friday, March 21st. Stifel Nicolaus began coverage on TTM Technologies in a research report on Tuesday, February 11th.
They issued a “buy” rating and a $33.00 price objective on the stock.View Our Latest Stock Report on TTMIInsider Buying and Selling at TTM TechnologiesIn related news, SVP Dale Martin Knecht sold 3,848 shares of the firm’s stock in a transaction dated Thursday, February 20th.
The shares were sold at an average price of $26.01, for a total value of $100,086.48.
Following the transaction, the senior vice president now directly owns 86,346 shares of the company’s stock, valued at approximately $2,245,859.46. This trade represents a 4.
27 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Philip Titterton sold 24,792 shares of TTM Technologies stock in a transaction dated Wednesday, February 12th.
The stock was sold at an average price of $25.56, for a total value of $633,683.52.
Following the completion of the sale, the chief operating officer now 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 disclosure for this sale can be found here. Insiders have sold a total of 50,817 shares of company stock valued at $1,316,006 over the last ninety days.
Corporate 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.Featured StoriesFive stocks we like better than TTM TechnologiesThe 3 Best Retail Stocks to Shop for in AugustDon’t Be Fooled by the Bounce: The Market Storm Isn’t Over Yet2 Fintech Stocks to Buy Now and 1 to AvoidCoca-Cola Company Stock Can Bubble to New Highs This YearGrowth Stocks: What They Are, Examples and How to Invest3 Stocks Lifting 2025 Guidance Despite Market JittersWant to see what other hedge funds are holding TTMI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for TTM Technologies, Inc. (NASDAQ:TTMI – Free Report)..
