Jane Street Group LLC Acquires 99,512 Shares of TTM Technologies, Inc. (NASDAQ:TTMI)

Jane Street Group LLC raised its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 75.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 231,208 shares of the technology company's stock after buying an additional 99,512 shares during the quarter. Jane Street Group LLC owned about 0.23% of TTM Technologies worth $4,220,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of TTMI. GAMMA Investing LLC raised its stake in TTM Technologies by 67.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,598 shares of the technology company's stock valued at $29,000 after purchasing an additional 642 shares during the last quarter. CWM LLC raised its position in shares of TTM Technologies by 202.6% during the second 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. Quarry LP bought a new stake in shares of TTM Technologies in the third quarter valued at about $34,000. Covestor Ltd grew its position in TTM Technologies by 3,220.3% during the third quarter. Covestor Ltd now owns 1,959 shares of the technology company's stock worth $36,000 after buying an additional 1,900 shares in the last quarter. Finally, Innealta Capital LLC bought a new position in TTM Technologies during the second quarter valued at about $64,000. 95.79% of the stock is owned by institutional investors.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, EVP Douglas L. Soder sold 19,015 shares of TTM Technologies stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $25.00, for a total transaction of $475,375.00. Following the completion of the transaction, the executive vice president now directly owns 185,478 shares of the company's stock, valued at approximately $4,636,950. This trade represents a 9.30 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeff Jankowsky sold 5,000 shares of the company's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $24.23, for a total transaction of $121,150.00. Following the completion of the sale, the insider now directly owns 55,273 shares in the company, valued at approximately $1,339,264.79. The trade was a 8.30 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,044 shares of company stock valued at $1,163,803. 1.30% of the stock is currently owned by corporate insiders.

TTM Technologies Price Performance

Shares of TTM Technologies stock opened at $26.24 on Wednesday. TTM Technologies, Inc. has a twelve month low of $13.43 and a twelve month high of $28.00. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.70 and a current ratio of 2.00. The firm has a market cap of $2.68 billion, a P/E ratio of 39.76 and a beta of 1.21. The firm's 50-day simple moving average is $22.78 and its 200-day simple moving average is $20.43.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reiterated 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 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.