TTM Technologies, Inc. (NASDAQ:TTMI) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,437,400 shares of the technology company's stock after purchasing an additional 30,738 shares during the period. Geode Capital Management LLC owned 2.39% of TTM Technologies worth $44,491,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TTMI. GAMMA Investing LLC raised its holdings in shares of TTM Technologies by 67.2% in the third quarter. GAMMA Investing LLC now owns 1,598 shares of the technology company's stock worth $29,000 after acquiring an additional 642 shares during the last quarter. Quarry LP purchased a new stake in TTM Technologies during the 3rd quarter worth about $34,000. Covestor Ltd raised its stake in TTM Technologies by 3,220.3% in the 3rd quarter. Covestor Ltd now owns 1,959 shares of the technology company's stock valued at $36,000 after purchasing an additional 1,900 shares during the last quarter. Innealta Capital LLC purchased a new position in TTM Technologies in the 2nd quarter valued at about $64,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of TTM Technologies during the 3rd quarter worth about $143,000. Hedge funds and other institutional investors own 95.79% of the company's stock.

Insider Buying and Selling at TTM Technologies

In related news, EVP Shawn A. Powers sold 6,400 shares of the firm's stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $23.74, for a total value of $151,936.00. Following the sale, the executive vice president now directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeff Jankowsky sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $24.23, for a total transaction of $121,150.00. Following the transaction, the insider now directly owns 55,273 shares of the company's stock, valued at $1,339,264.79. This trade represents a 8.30 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 47,044 shares of company stock worth $1,163,803 in the last 90 days. 1.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reissued a "buy" rating and issued a $30.00 price objective (up previously from $26.00) on shares of TTM Technologies in a research report on Monday, December 9th.

TTM Technologies Trading Up 1.6 %

Shares of NASDAQ:TTMI traded up $0.39 during midday trading on Tuesday, reaching $25.34. The company's stock had a trading volume of 190,956 shares, compared to its average volume of 748,629. The business has a 50 day moving average price of $23.38 and a 200 day moving average price of $20.65. TTM Technologies, Inc. has a 1 year low of $13.43 and a 1 year high of $28.00. The firm has a market cap of $2.58 billion, a price-to-earnings ratio of 38.39 and a beta of 1.21. The company has a quick ratio of 1.70, a current ratio of 2.00 and a debt-to-equity ratio of 0.59.

TTM Technologies Company 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.