46,555 Shares in TTM Technologies, Inc. (NASDAQ:TTMI) Acquired by Carrera Capital Advisors

Carrera Capital Advisors purchased a new stake in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 46,555 shares of the technology company's stock, valued at approximately $1,152,000.

Several other institutional investors also recently modified their holdings of the company. Victory Capital Management Inc. increased its stake in shares of TTM Technologies by 391.6% during the 4th quarter. Victory Capital Management Inc. now owns 980,509 shares of the technology company's stock worth $24,268,000 after purchasing an additional 781,058 shares during the last quarter. Bailard Inc. increased its stake in shares of TTM Technologies by 41.5% during the 4th quarter. Bailard Inc. now owns 16,700 shares of the technology company's stock worth $413,000 after purchasing an additional 4,900 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of TTM Technologies by 670.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,402 shares of the technology company's stock worth $35,000 after purchasing an additional 1,220 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of TTM Technologies during the 4th quarter worth about $295,000. Finally, Oppenheimer & Co. Inc. boosted its holdings in shares of TTM Technologies by 6.2% during the 4th quarter. Oppenheimer & Co. Inc. now owns 17,100 shares of the technology company's stock worth $423,000 after buying an additional 1,000 shares during the period. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, COO Philip Titterton sold 24,792 shares of the business's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $25.56, for a total value of $633,683.52. Following the completion of the sale, the chief operating officer now owns 157,528 shares of the company's stock, valued at $4,026,415.68. The trade was a 13.60 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Daniel J. Weber sold 15,000 shares of the business's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $26.34, for a total transaction of $395,100.00. Following the completion of the sale, the executive vice president now directly owns 95,153 shares of the company's stock, valued at $2,506,330.02. This represents a 13.62 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 50,317 shares of company stock valued at $1,303,846 in the last quarter. Company insiders own 1.30% of the company's stock.

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TTM Technologies Stock Performance

Shares of TTMI stock traded up $0.26 during midday trading on Friday, hitting $22.96. 580,852 shares of the company were exchanged, compared to its average volume of 735,615. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.71 and a current ratio of 1.99. The firm has a market capitalization of $2.34 billion, a P/E ratio of 42.52 and a beta of 1.19. TTM Technologies, Inc. has a 52 week low of $13.43 and a 52 week high of $30.41. The firm's 50 day moving average price is $25.02 and its two-hundred day moving average price is $22.60.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.52 earnings per share (EPS) 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%. As a group, equities research analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently commented on the stock. Needham & Company LLC lifted their target price 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. Stifel Nicolaus assumed coverage on shares of TTM Technologies in a report on Tuesday, February 11th. They set a "buy" rating and a $33.00 target price for the company.

About TTM Technologies

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.