TTM Technologies, Inc. (NASDAQ:TTMI) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 30.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,643,344 shares of the technology company's stock after selling 2,524,656 shares during the period. Thrivent Financial for Lutherans owned approximately 5.54% of TTM Technologies worth $102,991,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Louisiana State Employees Retirement System lifted its stake in TTM Technologies by 1.2% during the 2nd quarter. Louisiana State Employees Retirement System now owns 51,200 shares of the technology company's stock worth $995,000 after acquiring an additional 600 shares in the last quarter. GAMMA Investing LLC lifted 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 worth $29,000 after acquiring an additional 642 shares in the last quarter. Diversified Trust Co lifted its stake in TTM Technologies by 2.6% during the 3rd quarter. Diversified Trust Co now owns 25,043 shares of the technology company's stock worth $457,000 after acquiring an additional 644 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in TTM Technologies by 5.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,394 shares of the technology company's stock worth $244,000 after acquiring an additional 659 shares in the last quarter. Finally, SummerHaven Investment Management LLC lifted its stake in TTM Technologies by 1.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 53,788 shares of the technology company's stock worth $1,045,000 after acquiring an additional 821 shares in the last quarter. Institutional investors and hedge funds own 95.79% of the company's stock.

Analyst Ratings Changes

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

TTM Technologies Stock Down 0.2 %

Shares of TTMI traded down $0.04 during mid-day trading on Monday, reaching $23.23. The company's stock had a trading volume of 279,191 shares, compared to its average volume of 762,766. TTM Technologies, Inc. has a 12-month low of $13.43 and a 12-month high of $25.49. The stock has a market cap of $2.37 billion, a PE ratio of 35.20 and a beta of 1.22. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.00 and a quick ratio of 1.70. The company's 50 day moving average is $20.09 and its 200 day moving average is $19.49.

Insider Activity

In related news, EVP Catherine A. Gridley sold 5,000 shares of the company's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $25.15, for a total value of $125,750.00. Following the completion of the sale, the executive vice president now directly owns 115,296 shares of the company's stock, valued at $2,899,694.40. This represents a 4.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Shawn A. Powers sold 6,400 shares of the company's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $23.74, for a total value of $151,936.00. Following the completion of 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 disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,400 shares of company stock worth $421,186. 1.30% of the stock is currently owned by insiders.

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.