TTM Technologies, Inc. (NASDAQ:TTMI) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its stake in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 83.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,374 shares of the technology company's stock after selling 53,981 shares during the quarter. SG Americas Securities LLC's holdings in TTM Technologies were worth $257,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC lifted its position in TTM Technologies by 27.7% in the fourth quarter. GAMMA Investing LLC now owns 2,041 shares of the technology company's stock valued at $51,000 after purchasing an additional 443 shares during the period. Diversified Trust Co lifted its holdings in shares of TTM Technologies by 2.6% in the 3rd quarter. Diversified Trust Co now owns 25,043 shares of the technology company's stock valued at $457,000 after buying an additional 644 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of TTM Technologies by 5.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,394 shares of the technology company's stock valued at $244,000 after buying an additional 659 shares in the last quarter. USA Financial Formulas acquired a new position in TTM Technologies during the fourth quarter worth $25,000. Finally, Quarry LP purchased a new position in TTM Technologies in the third quarter worth $34,000. Institutional investors and hedge funds own 95.79% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC boosted their target price on shares of TTM Technologies from $30.00 to $33.00 and gave the stock a "buy" rating in a research report on Thursday.

TTM Technologies Price Performance

Shares of TTMI traded down $0.25 on Monday, reaching $25.50. The stock had a trading volume of 1,212,386 shares, compared to its average volume of 743,192. TTM Technologies, Inc. has a twelve month low of $13.43 and a twelve month high of $30.41. The firm has a market capitalization of $2.60 billion, a PE ratio of 47.22 and a beta of 1.19. The firm has a 50-day moving average of $25.13 and a 200 day moving average of $21.89. The company has a quick ratio of 1.70, a current ratio of 1.99 and a debt-to-equity ratio of 0.58.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last posted its earnings results on Wednesday, February 5th. The technology company reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.05. TTM Technologies had a return on equity of 9.74% and a net margin of 2.30%. Sell-side analysts expect that TTM Technologies, Inc. will post 1.74 EPS for the current year.

Insider Activity at TTM Technologies

In other TTM Technologies news, insider Jeff Jankowsky sold 5,000 shares of the stock in a transaction 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 sale, the insider now owns 55,273 shares in the company, valued at approximately $1,339,264.79. This represents a 8.30 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Douglas L. Soder sold 19,015 shares of the firm's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $25.00, for a total value of $475,375.00. Following the transaction, the executive vice president now directly owns 185,478 shares of the company's stock, valued at $4,636,950. The trade was a 9.30 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,261 shares of company stock valued at $1,043,417. 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.