Vanguard Group Inc. Has $333.21 Million Stock Holdings in TTM Technologies, Inc. (NASDAQ:TTMI)

Vanguard Group Inc. decreased its position in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 0.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,462,976 shares of the technology company's stock after selling 115,548 shares during the period. Vanguard Group Inc. owned approximately 13.20% of TTM Technologies worth $333,209,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TTMI. Victory Capital Management Inc. increased its position in TTM Technologies by 391.6% in the 4th quarter. Victory Capital Management Inc. now owns 980,509 shares of the technology company's stock valued at $24,268,000 after acquiring an additional 781,058 shares during the period. Point72 Asset Management L.P. acquired a new stake in TTM Technologies in the third quarter worth about $6,479,000. Franklin Resources Inc. grew its position in TTM Technologies by 262.5% in the 3rd quarter. Franklin Resources Inc. now owns 309,724 shares of the technology company's stock valued at $5,937,000 after buying an additional 224,286 shares in the last quarter. Barclays PLC increased its stake in TTM Technologies by 59.8% during the 3rd quarter. Barclays PLC now owns 407,524 shares of the technology company's stock valued at $7,437,000 after buying an additional 152,456 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of TTM Technologies in the 4th quarter worth approximately $3,289,000. Institutional investors and hedge funds own 95.79% of the company's stock.

TTM Technologies Price Performance

TTMI stock traded down $0.40 on Tuesday, hitting $17.57. 590,990 shares of the company's stock traded hands, compared to its average volume of 749,746. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 32.54 and a beta of 1.17. TTM Technologies, Inc. has a 1-year low of $13.43 and a 1-year high of $30.41. The company has a current ratio of 1.99, a quick ratio of 1.71 and a debt-to-equity ratio of 0.58. The stock has a fifty day moving average of $23.12 and a 200-day moving average of $23.03.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.52 EPS for the quarter, beating 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%. On average, analysts forecast that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling

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

Analyst Ratings Changes

Several brokerages recently commented on TTMI. Stifel Nicolaus assumed coverage on TTM Technologies in a report on Tuesday, February 11th. They set a "buy" rating and a $33.00 target price on the stock. Needham & Company LLC restated a "buy" rating and issued a $33.00 price objective on shares of TTM Technologies in a report on Friday, March 21st.

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.