D Orazio & Associates Inc. Invests $1.77 Million in TTM Technologies, Inc. (NASDAQ:TTMI)

D Orazio & Associates Inc. purchased a new position in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 71,442 shares of the technology company's stock, valued at approximately $1,768,000. D Orazio & Associates Inc. owned 0.07% of TTM Technologies at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA purchased a new position in TTM Technologies during the 3rd quarter worth $18,600,000. Point72 Hong Kong Ltd acquired a new stake in shares of TTM Technologies in the 3rd quarter worth $15,314,000. Emerald Advisers LLC acquired a new stake in TTM Technologies in the third quarter worth about $13,693,000. Emerald Mutual Fund Advisers Trust purchased a new stake in TTM Technologies during the 3rd quarter worth approximately $10,120,000. Finally, Loomis Sayles & Co. L P grew its holdings in shares of TTM Technologies by 41.7% during the third quarter. Loomis Sayles & Co. L P now owns 1,249,540 shares of the technology company's stock valued at $22,804,000 after buying an additional 367,608 shares during the last quarter. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TTMI has been the subject of several recent research reports. Stifel Nicolaus began coverage on shares of TTM Technologies in a report on Tuesday. They set a "buy" rating and a $33.00 target price for the company. Needham & Company LLC boosted their price target on shares of TTM Technologies from $30.00 to $33.00 and gave the stock a "buy" rating in a report on Thursday, February 6th.

Insider Transactions at TTM Technologies

In other TTM Technologies news, EVP Douglas L. Soder sold 5,985 shares of the firm's stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $25.00, for a total transaction of $149,625.00. Following the transaction, the executive vice president now owns 179,493 shares of the company's stock, valued at approximately $4,487,325. This trade represents a 3.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Shawn A. Powers sold 6,400 shares of TTM Technologies stock in a transaction on Friday, November 15th. The shares were sold at an average price of $23.74, for a total transaction of $151,936.00. Following the completion of the transaction, the executive vice president now directly owns 95,341 shares in the company, valued at $2,263,395.34. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 42,261 shares of company stock valued at $1,043,417. 1.30% of the stock is currently owned by corporate insiders.

TTM Technologies Trading Down 2.7 %

TTMI stock traded down $0.72 during trading on Wednesday, reaching $25.66. 1,010,085 shares of the stock were exchanged, compared to its average volume of 772,964. The business has a 50 day moving average price of $25.19 and a 200-day moving average price of $21.94. TTM Technologies, Inc. has a 1 year low of $13.43 and a 1 year high of $30.41. The company has a current ratio of 1.99, a quick ratio of 1.70 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $2.62 billion, a price-to-earnings ratio of 47.52 and a beta of 1.19.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The technology company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.05. TTM Technologies had a net margin of 2.30% and a return on equity of 9.74%. On average, research analysts predict that TTM Technologies, Inc. will post 1.74 earnings per share for the current year.

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.