Insider Selling: TTM Technologies, Inc. (NASDAQ:TTMI) EVP Sells $149,625.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI - Get Free Report) EVP Douglas L. Soder sold 5,985 shares of the company's stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $25.00, for a total value of $149,625.00. Following the sale, the executive vice president now directly owns 179,493 shares of the company's stock, valued at approximately $4,487,325. This represents a 3.23 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

TTM Technologies Stock Performance

Shares of TTMI stock traded down $0.17 during trading hours on Friday, reaching $24.63. 373,592 shares of the company's stock were exchanged, compared to its average volume of 747,598. The company has a market cap of $2.51 billion, a P/E ratio of 37.68 and a beta of 1.21. The company's 50 day moving average is $21.64 and its two-hundred day moving average is $20.02. TTM Technologies, Inc. has a 1 year low of $13.43 and a 1 year high of $25.49. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.00 and a quick ratio of 1.70.

Analyst Ratings Changes

Separately, Needham & Company LLC upped their price objective on TTM Technologies from $24.00 to $26.00 and gave the company a "buy" rating in a research note on Thursday, October 31st.

Hedge Funds Weigh In On TTM Technologies

Several hedge funds have recently bought and sold shares of TTMI. Price T Rowe Associates Inc. MD increased its stake in TTM Technologies by 6.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 63,144 shares of the technology company's stock valued at $989,000 after purchasing an additional 3,592 shares in the last quarter. Comerica Bank grew its holdings in TTM Technologies by 9.4% during the 1st quarter. Comerica Bank now owns 116,629 shares of the technology company's stock valued at $1,825,000 after buying an additional 9,999 shares during the last quarter. CWM LLC grew its holdings in TTM Technologies by 202.6% during the 2nd quarter. CWM LLC now owns 1,858 shares of the technology company's stock valued at $36,000 after buying an additional 1,244 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new stake in TTM Technologies during the 2nd quarter valued at $602,000. Finally, Diversified Trust Co grew its holdings in TTM Technologies by 8.7% during the 2nd quarter. Diversified Trust Co now owns 24,399 shares of the technology company's stock valued at $474,000 after buying an additional 1,954 shares during the last quarter. 95.79% of the stock is owned by hedge funds and other institutional investors.

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.

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