46,414 Shares in TTM Technologies, Inc. (NASDAQ:TTMI) Bought by Quantbot Technologies LP

Quantbot Technologies LP bought a new stake in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 46,414 shares of the technology company's stock, valued at approximately $847,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Loomis Sayles & Co. L P lifted its position in TTM Technologies by 41.7% during the 3rd quarter. Loomis Sayles & Co. L P now owns 1,249,540 shares of the technology company's stock valued at $22,804,000 after purchasing an additional 367,608 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of TTM Technologies during the 3rd quarter worth about $282,000. Algert Global LLC boosted its holdings in TTM Technologies by 48.1% in the 3rd quarter. Algert Global LLC now owns 324,176 shares of the technology company's stock valued at $5,916,000 after purchasing an additional 105,238 shares during the period. Citigroup Inc. boosted its position in shares of TTM Technologies by 45.1% during the 3rd quarter. Citigroup Inc. now owns 198,707 shares of the technology company's stock worth $3,626,000 after acquiring an additional 61,745 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA acquired a new position in shares of TTM Technologies during the third quarter worth $18,600,000. 95.79% of the stock is owned by institutional investors.

TTM Technologies Stock Up 2.1 %

Shares of TTMI traded up $0.52 on Monday, reaching $24.90. The stock had a trading volume of 336,570 shares, compared to its average volume of 752,058. TTM Technologies, Inc. has a 12-month low of $13.43 and a 12-month high of $25.49. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 36.94 and a beta of 1.22. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.70 and a current ratio of 2.00. The company has a 50-day simple moving average of $21.14 and a 200-day simple moving average of $19.87.

Analyst Ratings Changes

Separately, Needham & Company LLC raised their price objective on shares of TTM Technologies from $24.00 to $26.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st.

Insiders Place Their Bets

In other TTM Technologies news, EVP Shawn A. Powers sold 6,400 shares of the firm's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $23.74, for a total value of $151,936.00. Following the completion of the sale, the executive vice president now owns 95,341 shares of the company's stock, valued at approximately $2,263,395.34. This trade represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Catherine A. Gridley sold 5,000 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $25.15, for a total value of $125,750.00. Following the completion of the transaction, the executive vice president now directly owns 115,296 shares of the company's stock, valued at approximately $2,899,694.40. This trade represents a 4.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,044 shares of company stock worth $413,803 over the last quarter. 1.30% of the stock is currently owned by corporate insiders.

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.