Diversified Trust Co Grows Position in TTM Technologies, Inc. (NASDAQ:TTMI)

Diversified Trust Co lifted its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 9.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,335 shares of the technology company’s stock after buying an additional 2,292 shares during the period. Diversified Trust Co’s holdings in TTM Technologies were worth $677,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. GAMMA Investing LLC lifted its stake in TTM Technologies by 67.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,598 shares of the technology company’s stock worth $29,000 after purchasing an additional 642 shares in the last quarter. Quarry LP purchased a new position in TTM Technologies during the third quarter worth approximately $34,000. Covestor Ltd boosted its stake in TTM Technologies by 3,220.3% during the third quarter. Covestor Ltd now owns 1,959 shares of the technology company’s stock worth $36,000 after buying an additional 1,900 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in TTM Technologies in the 3rd quarter valued at $143,000. Finally, nVerses Capital LLC acquired a new stake in shares of TTM Technologies in the 3rd quarter worth $148,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

TTM Technologies Trading Up 0.1 %

Shares of TTM Technologies stock opened at $24.92 on Friday. TTM Technologies, Inc. has a fifty-two week low of $13.43 and a fifty-two week high of $28.00. 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 capitalization of $2.54 billion, a price-to-earnings ratio of 37.76 and a beta of 1.19. The stock has a 50 day moving average of $24.60 and a 200 day moving average of $21.15.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reissued a “buy” rating and issued a $30.00 price objective (up previously from $26.00) on shares of TTM Technologies in a report on Monday, December 9th.

Insider Transactions at TTM Technologies

In other news, EVP Shawn A. Powers sold 6,400 shares of TTM Technologies stock in a transaction 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 completion of the sale, the executive vice president now directly owns 95,341 shares of the company’s stock, valued at approximately $2,263,395.34. The trade was a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Douglas L. Soder sold 5,985 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $25.00, for a total value of $149,625.00. Following the transaction, the executive vice president now directly owns 179,493 shares in the company, valued at approximately $4,487,325. The trade was a 3.23 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 47,044 shares of company stock worth $1,163,803. 1.30% of the stock is currently owned by company insiders.

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.