Victory Capital Management Inc. Has $3.64 Million Stock Holdings in TTM Technologies, Inc. (NASDAQ:TTMI)

Victory Capital Management Inc. boosted its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 199,451 shares of the technology company’s stock after purchasing an additional 2,172 shares during the period. Victory Capital Management Inc. owned 0.20% of TTM Technologies worth $3,640,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of TTMI. Sei Investments Co. raised its stake in TTM Technologies by 22.0% in the first quarter. Sei Investments Co. now owns 54,628 shares of the technology company’s stock valued at $855,000 after buying an additional 9,851 shares during the period. Russell Investments Group Ltd. raised its stake in TTM Technologies by 6.1% in the first quarter. Russell Investments Group Ltd. now owns 77,974 shares of the technology company’s stock valued at $1,220,000 after buying an additional 4,479 shares during the period. ProShare Advisors LLC raised its stake in TTM Technologies by 5.9% in the first quarter. ProShare Advisors LLC now owns 20,565 shares of the technology company’s stock valued at $322,000 after buying an additional 1,150 shares during the period. State Board of Administration of Florida Retirement System raised its stake in TTM Technologies by 14.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 33,567 shares of the technology company’s stock valued at $525,000 after buying an additional 4,357 shares during the period. Finally, Vanguard Group Inc. raised its stake in TTM Technologies by 0.5% in the first quarter. Vanguard Group Inc. now owns 13,610,120 shares of the technology company’s stock valued at $212,998,000 after buying an additional 63,073 shares during the period. Institutional investors own 95.79% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on TTMI shares. B. Riley increased their target price on TTM Technologies from $25.50 to $27.25 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Needham & Company LLC increased their target price on TTM Technologies from $24.00 to $26.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Stifel Nicolaus increased their target price on TTM Technologies from $19.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Finally, Truist Financial reiterated a “buy” rating and set a $24.00 target price (up previously from $22.00) on shares of TTM Technologies in a research note on Thursday, August 1st.

Insiders Place Their Bets

In other TTM Technologies news, EVP Catherine A. Gridley sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $25.15, for a total value of $125,750.00. Following the sale, the executive vice president now owns 115,296 shares of the company’s stock, valued at approximately $2,899,694.40. This trade represents a 4.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Shawn A. Powers sold 6,400 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $23.74, for a total value of $151,936.00. Following the completion of the sale, the executive vice president now directly owns 95,341 shares in the company, valued at approximately $2,263,395.34. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,044 shares of company stock worth $292,653 in the last 90 days. Company insiders own 1.30% of the company’s stock.

TTM Technologies Price Performance

TTM Technologies stock opened at $24.00 on Friday. The stock’s fifty day moving average price is $20.53 and its two-hundred day moving average price is $19.64. TTM Technologies, Inc. has a one year low of $13.43 and a one 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. The firm has a market cap of $2.45 billion, a PE ratio of 36.36 and a beta of 1.22.

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.