Aptus Capital Advisors LLC Has $10.21 Million Stock Position in Tetra Tech, Inc. (NASDAQ:TTEK)

Aptus Capital Advisors LLC increased its stake in Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 478.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 216,438 shares of the industrial products company's stock after purchasing an additional 179,011 shares during the quarter. Aptus Capital Advisors LLC owned approximately 0.08% of Tetra Tech worth $10,207,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its position in shares of Tetra Tech by 629.3% during the 3rd quarter. Allworth Financial LP now owns 547 shares of the industrial products company's stock worth $26,000 after purchasing an additional 472 shares during the last quarter. LGT Financial Advisors LLC lifted its holdings in shares of Tetra Tech by 400.0% during the third quarter. LGT Financial Advisors LLC now owns 555 shares of the industrial products company's stock worth $26,000 after buying an additional 444 shares during the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of Tetra Tech in the second quarter valued at approximately $28,000. Venturi Wealth Management LLC increased its position in Tetra Tech by 3,261.1% during the third quarter. Venturi Wealth Management LLC now owns 605 shares of the industrial products company's stock worth $29,000 after acquiring an additional 587 shares during the period. Finally, USA Financial Formulas raised its stake in Tetra Tech by 332.3% during the 3rd quarter. USA Financial Formulas now owns 709 shares of the industrial products company's stock valued at $33,000 after purchasing an additional 545 shares during the last quarter. Institutional investors own 93.89% of the company's stock.

Insiders Place Their Bets

In other news, EVP Leslie L. Shoemaker sold 78,420 shares of the company's stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $46.11, for a total value of $3,615,946.20. Following the sale, the executive vice president now owns 296,015 shares of the company's stock, valued at approximately $13,649,251.65. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Leslie L. Shoemaker sold 78,420 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $46.11, for a total transaction of $3,615,946.20. Following the sale, the executive vice president now directly owns 296,015 shares in the company, valued at $13,649,251.65. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kimberly E. Ritrievi sold 6,500 shares of Tetra Tech stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $46.48, for a total value of $302,120.00. Following the completion of the transaction, the director now directly owns 143,200 shares of the company's stock, valued at $6,655,936. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 121,750 shares of company stock worth $5,633,239 over the last three months. 0.61% of the stock is currently owned by corporate insiders.

Tetra Tech Price Performance

Shares of TTEK traded down $0.91 during mid-day trading on Wednesday, reaching $47.35. The company had a trading volume of 2,634,261 shares, compared to its average volume of 1,406,217. The company's 50-day moving average is $47.82 and its 200-day moving average is $44.55. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market capitalization of $12.67 billion, a P/E ratio of 43.76 and a beta of 0.94. Tetra Tech, Inc. has a twelve month low of $30.92 and a twelve month high of $51.20.

Analysts Set New Price Targets

A number of brokerages have recently commented on TTEK. Robert W. Baird upped their price objective on shares of Tetra Tech from $44.60 to $46.00 and gave the company a "neutral" rating in a research report on Thursday, August 1st. KeyCorp raised their price objective on Tetra Tech from $49.00 to $56.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 8th. Royal Bank of Canada lifted their price objective on Tetra Tech from $46.60 to $51.80 and gave the stock an "outperform" rating in a report on Friday, August 2nd. Finally, StockNews.com raised Tetra Tech from a "hold" rating to a "buy" rating in a research report on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Tetra Tech currently has an average rating of "Moderate Buy" and an average target price of $50.48.

Tetra Tech Profile

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.