15,453 Shares in TTM Technologies, Inc. (NASDAQ:TTMI) Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,453 shares of the technology company’s stock, valued at approximately $282,000.

Several other large investors also recently modified their holdings of TTMI. Massachusetts Financial Services Co. MA purchased a new position in TTM Technologies in the third quarter valued at about $18,600,000. Emerald Advisers LLC acquired a new position in shares of TTM Technologies in the 3rd quarter valued at approximately $13,693,000. American Century Companies Inc. boosted its stake in shares of TTM Technologies by 88.8% during the 2nd quarter. American Century Companies Inc. now owns 1,479,403 shares of the technology company’s stock valued at $28,745,000 after buying an additional 695,844 shares during the last quarter. Emerald Mutual Fund Advisers Trust acquired a new stake in shares of TTM Technologies during the third quarter worth approximately $10,120,000. Finally, Hood River Capital Management LLC bought a new stake in shares of TTM Technologies in the second quarter worth $8,806,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Needham & Company LLC increased their price objective on shares of TTM Technologies from $24.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday, October 31st.

TTM Technologies Price Performance

Shares of TTMI opened at $24.38 on Monday. The company has a current ratio of 2.00, a quick ratio of 1.70 and a debt-to-equity ratio of 0.59. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 36.94 and a beta of 1.22. TTM Technologies, Inc. has a 52 week low of $13.43 and a 52 week high of $25.49. The stock has a 50 day moving average of $21.14 and a 200-day moving average of $19.86.

Insiders Place Their Bets

In related news, EVP Shawn A. Powers sold 6,400 shares of the firm’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 sale, 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeff Jankowsky sold 5,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $24.23, for a total value of $121,150.00. Following the transaction, the insider now 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 17,044 shares of company stock valued at $413,803 over the last 90 days. 1.30% of the stock is owned by company insiders.

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.