TTM Technologies, Inc. (NASDAQ:TTMI) Insider Sells $121,150.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Jeff Jankowsky sold 5,000 shares of TTM Technologies stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $24.23, for a total transaction of $121,150.00. Following the completion of the sale, the insider now directly owns 55,273 shares of the company’s stock, valued at approximately $1,339,264.79. The trade was a 8.30 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

TTM Technologies Trading Up 1.0 %

NASDAQ:TTMI opened at $24.38 on Friday. The company’s 50 day moving average is $21.01 and its 200-day moving average is $19.80. The company has a quick ratio of 1.70, a current ratio of 2.00 and a debt-to-equity ratio of 0.59. TTM Technologies, Inc. has a 12 month low of $13.43 and a 12 month high of $25.49. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 36.94 and a beta of 1.22.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC raised their target price on TTM Technologies from $24.00 to $26.00 and gave the company a “buy” rating in a report on Thursday, October 31st.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TTMI. Vanguard Group Inc. grew its position in shares of TTM Technologies by 0.5% in the first quarter. Vanguard Group Inc. now owns 13,610,120 shares of the technology company’s stock valued at $212,998,000 after purchasing an additional 63,073 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in 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 during the last quarter. Price T Rowe Associates Inc. MD increased its position in TTM Technologies by 6.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 63,144 shares of the technology company’s stock worth $989,000 after buying an additional 3,592 shares during the period. Comerica Bank lifted its holdings in shares of TTM Technologies by 9.4% during the first quarter. Comerica Bank now owns 116,629 shares of the technology company’s stock worth $1,825,000 after buying an additional 9,999 shares during the last quarter. Finally, Cascade Investment Advisors Inc. bought a new stake in shares of TTM Technologies in the second quarter valued at approximately $457,000. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Company 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.