3,339 Shares in TTM Technologies, Inc. (NASDAQ:TTMI) Purchased by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in TTM Technologies, Inc. (NASDAQ:TTMI) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,339 shares of the technology company’s stock, valued at approximately $83,000.

Several other institutional investors also recently added to or reduced their stakes in TTMI. GAMMA Investing LLC lifted its holdings in TTM Technologies by 27.7% during the fourth quarter. GAMMA Investing LLC now owns 2,041 shares of the technology company’s stock worth $51,000 after buying an additional 443 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in TTM Technologies by 5.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,394 shares of the technology company’s stock worth $244,000 after buying an additional 659 shares during the period. USA Financial Formulas purchased a new stake in TTM Technologies during the fourth quarter worth $25,000. KBC Group NV lifted its holdings in TTM Technologies by 47.4% during the fourth quarter. KBC Group NV now owns 4,404 shares of the technology company’s stock worth $109,000 after buying an additional 1,416 shares during the period. Finally, Quarry LP purchased a new stake in TTM Technologies during the third quarter worth $34,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on TTMI shares. Stifel Nicolaus started coverage on TTM Technologies in a report on Tuesday, February 11th. They set a “buy” rating and a $33.00 target price for the company. Needham & Company LLC upped their target price on TTM Technologies from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Thursday, February 6th.

TTM Technologies Stock Performance

Shares of TTMI opened at $25.36 on Friday. TTM Technologies, Inc. has a 12 month low of $13.43 and a 12 month high of $30.41. The stock has a fifty day moving average price of $25.33 and a 200-day moving average price of $22.25. The company has a current ratio of 1.99, a quick ratio of 1.71 and a debt-to-equity ratio of 0.58. The firm has a market cap of $2.59 billion, a PE ratio of 46.96 and a beta of 1.19.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.47 by $0.05. TTM Technologies had a return on equity of 9.74% and a net margin of 2.30%. Equities research analysts predict that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Activity at TTM Technologies

In related news, EVP Catherine A. Gridley sold 6,000 shares of the company’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $26.25, for a total value of $157,500.00. Following the transaction, the executive vice president now directly owns 125,206 shares of the company’s stock, valued at $3,286,657.50. This represents a 4.57 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Daniel J. Weber sold 15,000 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $26.34, for a total value of $395,100.00. Following the completion of the transaction, the executive vice president now directly owns 95,153 shares in the company, valued at approximately $2,506,330.02. The trade was a 13.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 85,317 shares of company stock valued at $2,174,996 in the last ninety days. Company insiders own 1.30% of the company’s stock.

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.