Douglas L. Soder Sells 19,015 Shares of TTM Technologies, Inc. (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Douglas L. Soder sold 19,015 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $25.00, for a total value of $475,375.00. Following the completion of the transaction, the executive vice president now directly owns 185,478 shares in the company, valued at approximately $4,636,950. This represents a 9.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

TTM Technologies Price Performance

NASDAQ:TTMI opened at $24.63 on Thursday. The company has a quick ratio of 1.70, a current ratio of 2.00 and a debt-to-equity ratio of 0.59. The business’s 50-day simple moving average is $21.39 and its two-hundred day simple moving average is $19.96. The stock has a market cap of $2.51 billion, a PE ratio of 37.32 and a beta of 1.21. TTM Technologies, Inc. has a 52 week low of $13.43 and a 52 week high of $25.49.

Institutional Investors Weigh In On TTM Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Louisiana State Employees Retirement System increased its holdings in shares of TTM Technologies by 1.2% in the second quarter. Louisiana State Employees Retirement System now owns 51,200 shares of the technology company’s stock worth $995,000 after purchasing an additional 600 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of TTM Technologies by 67.2% in the third quarter. GAMMA Investing LLC now owns 1,598 shares of the technology company’s stock worth $29,000 after purchasing an additional 642 shares during the last quarter. Diversified Trust Co increased its holdings in shares of TTM Technologies by 2.6% in the third quarter. Diversified Trust Co now owns 25,043 shares of the technology company’s stock worth $457,000 after purchasing an additional 644 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of TTM Technologies by 5.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,394 shares of the technology company’s stock worth $244,000 after purchasing an additional 659 shares during the last quarter. Finally, SummerHaven Investment Management LLC increased its holdings in shares of TTM Technologies by 1.6% in the second quarter. SummerHaven Investment Management LLC now owns 53,788 shares of the technology company’s stock worth $1,045,000 after purchasing an additional 821 shares during the last quarter. 95.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC raised their target price on TTM Technologies from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, October 31st.

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.