TTM Technologies, Inc. (NASDAQ:TTMI) Position Trimmed by Natixis Advisors LLC

Natixis Advisors LLC decreased its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 39.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,031 shares of the technology company's stock after selling 31,600 shares during the period. Natixis Advisors LLC's holdings in TTM Technologies were worth $1,213,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. GAMMA Investing LLC increased its position in shares of 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 buying an additional 443 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in TTM Technologies by 6.2% during the 4th quarter. Oppenheimer & Co. Inc. now owns 17,100 shares of the technology company's stock valued at $423,000 after acquiring an additional 1,000 shares in the last quarter. USA Financial Formulas acquired a new position in TTM Technologies during the fourth quarter worth about $25,000. Smartleaf Asset Management LLC lifted its holdings in shares of TTM Technologies by 670.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,402 shares of the technology company's stock valued at $35,000 after purchasing an additional 1,220 shares in the last quarter. Finally, KBC Group NV grew its position in shares of TTM Technologies by 47.4% in the fourth quarter. KBC Group NV now owns 4,404 shares of the technology company's stock valued at $109,000 after purchasing an additional 1,416 shares during the last quarter. 95.79% of the stock is owned by hedge funds and other institutional investors.

TTM Technologies Stock Down 3.2 %

TTMI traded down $0.68 during trading hours on Friday, reaching $20.86. 846,240 shares of the stock traded hands, compared to its average volume of 747,498. TTM Technologies, Inc. has a fifty-two week low of $13.43 and a fifty-two week high of $30.41. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 38.63 and a beta of 1.19. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.99 and a quick ratio of 1.71. The firm's fifty day simple moving average is $24.12 and its two-hundred day simple moving average is $22.98.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.05. TTM Technologies had a net margin of 2.30% and a return on equity of 9.74%. As a group, analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on TTMI shares. Needham & Company LLC reissued a "buy" rating and set a $33.00 price target on shares of TTM Technologies in a research report on Friday, March 21st. Stifel Nicolaus assumed coverage on shares of TTM Technologies in a research note on Tuesday, February 11th. They set a "buy" rating and a $33.00 price target on the stock.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, SVP Dale Martin Knecht sold 3,848 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $26.01, for a total value of $100,086.48. Following the completion of the transaction, the senior vice president now owns 86,346 shares in the company, valued at approximately $2,245,859.46. This represents a 4.27 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Philip Titterton sold 24,792 shares of TTM Technologies stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $25.56, for a total transaction of $633,683.52. Following the sale, the chief operating officer now owns 157,528 shares in the company, valued at approximately $4,026,415.68. This represents a 13.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 50,817 shares of company stock worth $1,316,006 over the last quarter. 1.30% of the stock is owned by corporate insiders.

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.