Intech Investment Management LLC Buys Shares of 93,328 TTM Technologies, Inc. (NASDAQ:TTMI)

Intech Investment Management LLC bought a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 93,328 shares of the technology company’s stock, valued at approximately $1,703,000. Intech Investment Management LLC owned approximately 0.09% of TTM Technologies at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of TTMI. Sei Investments Co. grew its stake in TTM Technologies by 22.0% during the 1st quarter. Sei Investments Co. now owns 54,628 shares of the technology company’s stock valued at $855,000 after acquiring an additional 9,851 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of TTM Technologies by 6.1% in the 1st quarter. Russell Investments Group Ltd. now owns 77,974 shares of the technology company’s stock valued at $1,220,000 after buying an additional 4,479 shares in the last quarter. State Board of Administration of Florida Retirement System grew its stake in shares of TTM Technologies by 14.9% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 33,567 shares of the technology company’s stock valued at $525,000 after buying an additional 4,357 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of TTM Technologies by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 13,610,120 shares of the technology company’s stock valued at $212,998,000 after buying an additional 63,073 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its stake in shares of TTM Technologies by 6.9% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 90,880 shares of the technology company’s stock valued at $1,421,000 after buying an additional 5,870 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Insider Buying and Selling

In other 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 transaction of $125,750.00. Following the completion of the transaction, the executive vice president now directly owns 115,296 shares in the company, valued at $2,899,694.40. The trade was a 4.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Shawn A. Powers sold 6,400 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $23.74, for a total value of $151,936.00. Following the transaction, the executive vice president now owns 95,341 shares of the company’s stock, valued at approximately $2,263,395.34. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,044 shares of company stock worth $292,653. 1.70% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Needham & Company LLC boosted their price target on TTM Technologies from $24.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Truist Financial reissued a “buy” rating and issued a $24.00 price target (up previously from $22.00) on shares of TTM Technologies in a research note on Thursday, August 1st. B. Riley boosted their price target on TTM Technologies from $25.50 to $27.25 and gave the company a “buy” rating in a research note on Thursday, August 1st. Finally, Stifel Nicolaus boosted their target price on TTM Technologies from $19.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, August 1st.

TTM Technologies Stock Down 0.0 %

TTMI opened at $23.99 on Tuesday. The business has a 50 day moving average price of $20.64 and a 200 day moving average price of $19.70. TTM Technologies, Inc. has a twelve month low of $13.43 and a twelve month high of $25.49. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.70 and a current ratio of 2.00. The firm has a market cap of $2.45 billion, a P/E ratio of 36.35 and a beta of 1.22.

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.