TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) EVP Daniel J. Weber sold 13,000 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $18.50, for a total transaction of $240,500.00. Following the sale, the executive vice president now owns 107,488 shares of the company’s stock, valued at approximately $1,988,528. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
TTM Technologies Trading Up 0.6 %
NASDAQ:TTMI opened at $18.86 on Friday. TTM Technologies, Inc. has a 1 year low of $11.14 and a 1 year high of $22.70. The stock’s fifty day moving average price is $19.61 and its two-hundred day moving average price is $17.15. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.04 and a quick ratio of 1.74. The company has a market cap of $1.92 billion, a P/E ratio of -942.53 and a beta of 1.25.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The technology company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.05. The business had revenue of $605.10 million for the quarter, compared to analysts’ expectations of $582.70 million. TTM Technologies had a return on equity of 9.01% and a net margin of 0.74%. The firm’s quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.28 EPS. As a group, analysts expect that TTM Technologies, Inc. will post 1.31 EPS for the current year.
Wall Street Analyst Weigh In
View Our Latest Stock Report on TTMI
Hedge Funds Weigh In On TTM Technologies
A number of large investors have recently modified their holdings of TTMI. Mirae Asset Global Investments Co. Ltd. lifted its stake in TTM Technologies by 5.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 46,051 shares of the technology company’s stock worth $728,000 after purchasing an additional 2,476 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in TTM Technologies by 16.6% during the fourth quarter. Mutual of America Capital Management LLC now owns 192,416 shares of the technology company’s stock valued at $3,042,000 after buying an additional 27,333 shares during the period. Louisiana State Employees Retirement System purchased a new position in TTM Technologies during the fourth quarter worth about $809,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in TTM Technologies by 44.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,892 shares of the technology company’s stock worth $330,000 after acquiring an additional 6,418 shares during the last quarter. Finally, Duality Advisers LP raised its holdings in shares of TTM Technologies by 26.8% in the 4th quarter. Duality Advisers LP now owns 42,816 shares of the technology company’s stock valued at $677,000 after acquiring an additional 9,047 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors.
About TTM Technologies
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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