TTM Technologies, Inc. (NASDAQ:TTMI) SVP Daniel J. Weber sold 3,605 shares of the company’s stock in a transaction dated Tuesday, June 27th. The stock was sold at an average price of $17.92, for a total transaction of $64,601.60. Following the sale, the senior vice president now directly owns 48,270 shares in the company, valued at $864,998.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

TTM Technologies, Inc. (TTMI) traded up 2.25% during mid-day trading on Wednesday, hitting $18.16. 1,226,469 shares of the stock traded hands. The company has a 50 day moving average price of $16.84 and a 200-day moving average price of $15.75. The stock has a market capitalization of $1.85 billion, a PE ratio of 25.51 and a beta of 1.45. TTM Technologies, Inc. has a one year low of $6.93 and a one year high of $18.85.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, May 3rd. The technology company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.20 by $0.13. The company had revenue of $625.20 million during the quarter, compared to analysts’ expectations of $615 million. TTM Technologies had a net margin of 2.92% and a return on equity of 18.17%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 EPS. Equities analysts anticipate that TTM Technologies, Inc. will post $1.70 earnings per share for the current fiscal year.

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TTMI has been the topic of several research analyst reports. Zacks Investment Research raised shares of TTM Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, April 12th. TheStreet raised shares of TTM Technologies from a “c” rating to a “b-” rating in a research note on Wednesday, May 3rd. J P Morgan Chase & Co raised shares of TTM Technologies from a “neutral” rating to an “overweight” rating and set a $21.00 price objective on the stock in a research note on Tuesday, April 4th. Finally, Needham & Company LLC upped their price objective on shares of TTM Technologies from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, June 9th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. TTM Technologies has an average rating of “Buy” and a consensus price target of $19.75.

A number of institutional investors have recently added to or reduced their stakes in TTMI. State Board of Administration of Florida Retirement System boosted its position in TTM Technologies by 0.3% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 66,907 shares of the technology company’s stock worth $912,000 after buying an additional 223 shares in the last quarter. Comerica Bank boosted its position in TTM Technologies by 22.7% in the fourth quarter. Comerica Bank now owns 89,579 shares of the technology company’s stock worth $1,312,000 after buying an additional 16,580 shares in the last quarter. State Street Corp boosted its position in TTM Technologies by 15.3% in the fourth quarter. State Street Corp now owns 1,758,262 shares of the technology company’s stock worth $23,966,000 after buying an additional 233,895 shares in the last quarter. Federated Investors Inc. PA boosted its position in TTM Technologies by 188.4% in the fourth quarter. Federated Investors Inc. PA now owns 183,923 shares of the technology company’s stock worth $2,507,000 after buying an additional 120,157 shares in the last quarter. Finally, New York State Teachers Retirement System boosted its position in TTM Technologies by 16.1% in the fourth quarter. New York State Teachers Retirement System now owns 142,670 shares of the technology company’s stock worth $1,945,000 after buying an additional 19,769 shares in the last quarter. Institutional investors and hedge funds own 95.16% of the company’s stock.

About TTM Technologies

TTM Technologies, Inc is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). As of January 2, 2017, the Company operated a total of 25 specialized facilities in North America and China. The Company’s segments include PCB, E-M Solutions and Corporate.

Insider Buying and Selling by Quarter for TTM Technologies (NASDAQ:TTMI)

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