TTM Technologies, Inc. (NASDAQ:TTMI) Director Kenton K. Alder sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $18.43, for a total value of $55,290.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

TTM Technologies, Inc. (NASDAQ TTMI) traded up 0.97% during midday trading on Tuesday, reaching $18.66. The company’s stock had a trading volume of 1,528,060 shares. The firm has a 50-day moving average price of $17.16 and a 200 day moving average price of $15.95. TTM Technologies, Inc. has a 52-week low of $7.92 and a 52-week high of $18.85. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 26.21 and a beta of 1.47.

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

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A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of TTM Technologies by 17.4% in the first quarter. Vanguard Group Inc. now owns 11,833,440 shares of the technology company’s stock worth $190,873,000 after buying an additional 1,757,393 shares during the last quarter. Acadian Asset Management LLC boosted its position in shares of TTM Technologies by 51.6% in the first quarter. Acadian Asset Management LLC now owns 3,259,213 shares of the technology company’s stock worth $52,571,000 after buying an additional 1,108,651 shares during the last quarter. FMR LLC boosted its position in shares of TTM Technologies by 111.0% in the first quarter. FMR LLC now owns 2,823,070 shares of the technology company’s stock worth $45,536,000 after buying an additional 1,484,825 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of TTM Technologies by 80.5% in the first quarter. Ameriprise Financial Inc. now owns 2,128,734 shares of the technology company’s stock worth $34,338,000 after buying an additional 949,674 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of TTM Technologies during the fourth quarter worth about $28,113,000.

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

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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