Mutual of America Capital Management LLC Raises Stake in TTM Technologies, Inc. (NASDAQ:TTMI)

Mutual of America Capital Management LLC grew its stake in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 26.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 231,281 shares of the technology company's stock after buying an additional 48,346 shares during the quarter. Mutual of America Capital Management LLC owned 0.23% of TTM Technologies worth $4,221,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in TTM Technologies by 0.5% in the first quarter. Vanguard Group Inc. now owns 13,610,120 shares of the technology company's stock valued at $212,998,000 after buying an additional 63,073 shares during the last quarter. American Century Companies Inc. boosted its position in shares of TTM Technologies by 88.8% during the 2nd quarter. American Century Companies Inc. now owns 1,479,403 shares of the technology company's stock worth $28,745,000 after acquiring an additional 695,844 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of TTM Technologies by 1.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 863,309 shares of the technology company's stock valued at $16,774,000 after acquiring an additional 12,789 shares during the last quarter. Emerald Advisers LLC acquired a new stake in shares of TTM Technologies during the 3rd quarter worth about $13,693,000. Finally, First Eagle Investment Management LLC lifted its stake in TTM Technologies by 14.6% during the second quarter. First Eagle Investment Management LLC now owns 724,641 shares of the technology company's stock worth $14,080,000 after purchasing an additional 92,300 shares during the last quarter. 95.79% of the stock is owned by institutional investors and hedge funds.

TTM Technologies Stock Performance

Shares of NASDAQ:TTMI traded up $0.36 on Friday, reaching $24.00. The company's stock had a trading volume of 524,410 shares, compared to its average volume of 759,962. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.00 and a quick ratio of 1.70. TTM Technologies, Inc. has a 52-week low of $13.43 and a 52-week high of $25.49. The stock's 50-day moving average is $20.41 and its two-hundred day moving average is $19.58. The stock has a market capitalization of $2.45 billion, a P/E ratio of 35.82 and a beta of 1.22.

Analyst Ratings Changes

TTMI has been the topic of a number of research analyst reports. B. Riley raised their price objective on shares of TTM Technologies from $25.50 to $27.25 and gave the stock a "buy" rating in a report on Thursday, August 1st. Stifel Nicolaus boosted their price target on shares of TTM Technologies from $19.00 to $24.00 and gave the company a "buy" rating in a research report on Thursday, August 1st. Truist Financial reaffirmed a "buy" rating and set a $24.00 price objective (up previously from $22.00) on shares of TTM Technologies in a report on Thursday, August 1st. Finally, Needham & Company LLC boosted their target price on TTM Technologies from $24.00 to $26.00 and gave the company a "buy" rating in a report on Thursday, October 31st.

Insider Buying and Selling at TTM Technologies

In other news, EVP Catherine A. Gridley sold 5,000 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $25.15, for a total transaction of $125,750.00. Following the transaction, the executive vice president now directly owns 115,296 shares in the company, valued at $2,899,694.40. The trade was a 4.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Shawn A. Powers sold 6,400 shares of the firm's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $23.74, for a total transaction of $151,936.00. Following the completion of the sale, the executive vice president now owns 95,341 shares of the company's stock, valued at approximately $2,263,395.34. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,044 shares of company stock valued at $292,653 in the last ninety days. Insiders own 1.30% of the company's stock.

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.