TTM Technologies, Inc. (NASDAQ:TTMI – Get Free Report) insider Robert P. Farrell sold 4,032 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $14.95, for a total transaction of $60,278.40. Following the completion of the transaction, the insider now owns 21,699 shares of the company’s stock, valued at approximately $324,400.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
TTM Technologies Price Performance
NASDAQ:TTMI opened at $14.71 on Thursday. The stock has a market capitalization of $1.51 billion, a PE ratio of 30.18 and a beta of 1.43. TTM Technologies, Inc. has a 1-year low of $11.13 and a 1-year high of $17.49. The firm has a fifty day simple moving average of $13.93 and a 200 day simple moving average of $13.53. The company has a current ratio of 2.22, a quick ratio of 1.91 and a debt-to-equity ratio of 0.56.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last announced its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.12. The firm had revenue of $546.51 million during the quarter, compared to analysts’ expectations of $552.52 million. TTM Technologies had a net margin of 2.12% and a return on equity of 8.78%. The company’s revenue for the quarter was down 12.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.50 earnings per share. On average, research analysts expect that TTM Technologies, Inc. will post 0.79 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
View Our Latest Analysis on TTMI
Institutional Trading of TTM Technologies
Several institutional investors and hedge funds have recently bought and sold shares of the business. Swiss National Bank boosted its stake in shares of TTM Technologies by 6.6% during the 2nd quarter. Swiss National Bank now owns 223,400 shares of the technology company’s stock worth $3,105,000 after acquiring an additional 13,800 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in TTM Technologies by 7.2% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 115,960 shares of the technology company’s stock valued at $1,612,000 after purchasing an additional 7,742 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in TTM Technologies by 36.8% during the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 68,879 shares of the technology company’s stock worth $957,000 after purchasing an additional 18,534 shares during the period. Rhumbline Advisers increased its holdings in shares of TTM Technologies by 3.8% in the second quarter. Rhumbline Advisers now owns 357,202 shares of the technology company’s stock valued at $4,965,000 after purchasing an additional 13,170 shares during the last quarter. Finally, Royce & Associates LP raised its position in shares of TTM Technologies by 13.5% in the second quarter. Royce & Associates LP now owns 342,819 shares of the technology company’s stock valued at $4,765,000 after purchasing an additional 40,905 shares during the period. Institutional investors own 96.01% of the company’s stock.
About TTM Technologies
TTM Technologies, Inc, together with its subsidiaries, engages in the manufacture and sale engineered 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.
Recommended Stories
- Five stocks we like better than TTM Technologies
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- 3 Best Renewable Energy Stocks as Summer Heat Builds
- How to Invest in Semiconductors
- Kinder Morgan Shines With Dividend Yield, Cash Flow, Buybacks
- Short Selling: How to Short a Stock
- 3 Stocks to Buy No Matter Which Way Inflation Moves
Receive News & Ratings for TTM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
