Federated Hermes Inc. grew its holdings in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 18.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 314,994 shares of the technology company’s stock after purchasing an additional 49,913 shares during the period. Federated Hermes Inc. owned approximately 0.31% of TTM Technologies worth $4,249,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Captrust Financial Advisors raised its position in shares of TTM Technologies by 5.2% in the second quarter. Captrust Financial Advisors now owns 13,221 shares of the technology company’s stock valued at $165,000 after purchasing an additional 658 shares during the period. EMC Capital Management increased its holdings in TTM Technologies by 4.4% during the 4th quarter. EMC Capital Management now owns 21,155 shares of the technology company’s stock worth $319,000 after acquiring an additional 900 shares during the period. Signaturefd LLC increased its holdings in TTM Technologies by 17.5% during the 4th quarter. Signaturefd LLC now owns 7,264 shares of the technology company’s stock worth $110,000 after acquiring an additional 1,082 shares during the period. Ronald Blue Trust Inc. increased its holdings in TTM Technologies by 47.1% during the 1st quarter. Ronald Blue Trust Inc. now owns 3,449 shares of the technology company’s stock worth $52,000 after acquiring an additional 1,104 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in TTM Technologies by 5.1% during the 4th quarter. Russell Investments Group Ltd. now owns 23,803 shares of the technology company’s stock worth $359,000 after acquiring an additional 1,163 shares during the period. Institutional investors own 96.01% of the company’s stock.
Insiders Place Their Bets
In other TTM Technologies news, EVP Daniel J. Weber sold 16,000 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $14.91, for a total value of $238,560.00. Following the completion of the transaction, the executive vice president now directly owns 92,598 shares in the company, valued at approximately $1,380,636.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other TTM Technologies news, EVP Daniel J. Weber sold 16,000 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $14.91, for a total value of $238,560.00. Following the completion of the transaction, the executive vice president now directly owns 92,598 shares in the company, valued at approximately $1,380,636.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Tony Sanchez sold 7,131 shares of the company’s stock in a transaction on Friday, June 23rd. The stock was sold at an average price of $13.43, for a total transaction of $95,769.33. Following the completion of the transaction, the vice president now owns 23,256 shares of the company’s stock, valued at $312,328.08. The disclosure for this sale can be found here. In the last ninety days, insiders sold 47,163 shares of company stock worth $696,408. 1.30% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
View Our Latest Stock Report on TTM Technologies
TTM Technologies Trading Up 0.6 %
Shares of TTMI opened at $14.57 on Tuesday. The stock has a market capitalization of $1.49 billion, a P/E ratio of 29.74 and a beta of 1.43. The company has a quick ratio of 1.91, a current ratio of 2.22 and a debt-to-equity ratio of 0.56. The firm has a fifty day simple moving average of $14.02 and a two-hundred day simple moving average of $13.48. TTM Technologies, Inc. has a twelve month low of $11.13 and a twelve month high of $17.49.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last announced its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.12. The business 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 firm’s revenue for the quarter was down 12.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.50 EPS. On average, research analysts anticipate that TTM Technologies, Inc. will post 0.92 EPS for the current year.
TTM Technologies Company Profile
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.
Featured Stories
- Five stocks we like better than TTM Technologies
- How to Invest in the Healthcare Sector
- 3 Sizzling Dividends That Are Going On Sale
- Space Investment: How to Invest in Space Exploration
- 3 Ways To Trade, Trade Desk Stock Post Earnings
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Inflation, The Fed, and Oil Prices: Interest Rates Are Going Up
Want to see what other hedge funds are holding TTMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TTM Technologies, Inc. (NASDAQ:TTMI – Free Report).
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.
