Wealth Enhancement Advisory Services LLC Increases Position in TTM Technologies, Inc. (NASDAQ:TTMI)

Wealth Enhancement Advisory Services LLC raised its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 5.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,394 shares of the technology company’s stock after buying an additional 659 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in TTM Technologies were worth $244,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC boosted its holdings in TTM Technologies by 2,130.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 25,069 shares of the technology company’s stock valued at $392,000 after acquiring an additional 23,945 shares during the period. UniSuper Management Pty Ltd purchased a new position in shares of TTM Technologies in the first quarter valued at approximately $382,000. Dynamic Advisor Solutions LLC acquired a new position in shares of TTM Technologies in the second quarter valued at approximately $602,000. First Eagle Investment Management LLC increased its stake in TTM Technologies by 14.6% during the 2nd quarter. First Eagle Investment Management LLC now owns 724,641 shares of the technology company’s stock worth $14,080,000 after buying an additional 92,300 shares during the period. Finally, Hood River Capital Management LLC acquired a new stake in TTM Technologies during the 2nd quarter worth approximately $8,806,000. 95.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TTMI has been the topic of a number of recent research reports. Stifel Nicolaus upped their price objective on TTM Technologies from $19.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. 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 lifted their price objective on TTM Technologies from $24.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Truist Financial restated a “buy” rating and set a $24.00 target price (up from $22.00) on shares of TTM Technologies in a research note on Thursday, August 1st.

TTM Technologies Stock Performance

NASDAQ TTMI opened at $24.92 on Tuesday. The company has a fifty day moving average of $19.45 and a two-hundred day moving average of $19.18. The company has a market capitalization of $2.54 billion, a PE ratio of 37.76 and a beta of 1.22. TTM Technologies, Inc. has a 1 year low of $13.43 and a 1 year high of $25.49. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.00 and a quick ratio of 1.70.

Insider Activity

In other news, EVP Daniel J. Weber sold 13,000 shares of TTM Technologies stock in a transaction on Monday, August 19th. The shares were sold at an average price of $19.00, for a total value of $247,000.00. Following the transaction, the executive vice president now directly owns 94,488 shares of the company’s stock, valued at $1,795,272. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other TTM Technologies news, EVP Daniel J. Weber sold 13,000 shares of TTM Technologies stock in a transaction on Monday, August 19th. The shares were sold at an average price of $19.00, for a total value of $247,000.00. Following the transaction, the executive vice president now directly owns 94,488 shares in the company, valued at approximately $1,795,272. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Catherine A. Gridley sold 5,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $25.15, for a total transaction 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. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 38,000 shares of company stock valued at $756,750. 1.30% of the stock is currently owned by company 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.