TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) VP Steven Spoto sold 1,000 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $66.95, for a total value of $66,950.00. Following the completion of the sale, the vice president directly owned 27,649 shares in the company, valued at $1,851,100.55. This represents a 3.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
Steven Spoto also recently made the following trade(s):
- On Tuesday, August 12th, Steven Spoto sold 3,484 shares of TTM Technologies stock. The stock was sold at an average price of $46.58, for a total value of $162,284.72.
TTM Technologies Price Performance
Shares of TTM Technologies stock opened at $66.72 on Friday. TTM Technologies, Inc. has a 52 week low of $15.77 and a 52 week high of $71.17. The company has a current ratio of 2.03, a quick ratio of 1.72 and a debt-to-equity ratio of 0.56. The stock has a market cap of $6.89 billion, a PE ratio of 52.95 and a beta of 1.66. The company’s 50-day moving average price is $56.04 and its two-hundred day moving average price is $43.71.
Analyst Upgrades and Downgrades
TTMI has been the topic of a number of recent analyst reports. Weiss Ratings raised TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Wall Street Zen cut TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 19th. Zacks Research raised shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. B. Riley reiterated a “buy” rating on shares of TTM Technologies in a report on Thursday, October 30th. Finally, Stifel Nicolaus lifted their target price on shares of TTM Technologies from $40.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. Based on data from MarketBeat, TTM Technologies currently has an average rating of “Buy” and a consensus target price of $65.00.
View Our Latest Stock Report on TTM Technologies
Hedge Funds Weigh In On TTM Technologies
Institutional investors and hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. lifted its position in shares of TTM Technologies by 448.8% in the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after purchasing an additional 377 shares in the last quarter. Salomon & Ludwin LLC purchased a new position in TTM Technologies during the third quarter valued at approximately $39,000. Quarry LP increased its stake in TTM Technologies by 249.9% in the 1st quarter. Quarry LP now owns 2,110 shares of the technology company’s stock valued at $43,000 after buying an additional 1,507 shares during the period. Concord Wealth Partners purchased a new stake in TTM Technologies in the 2nd quarter worth approximately $47,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of TTM Technologies by 52.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock valued at $51,000 after buying an additional 430 shares during the period. Hedge funds and other 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.
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