TTM Technologies, Inc. (NASDAQ:TTMI) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC increased its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 131.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 80,631 shares of the technology company’s stock after buying an additional 45,835 shares during the period. Natixis Advisors LLC owned about 0.08% of TTM Technologies worth $1,471,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System increased its position in shares of TTM Technologies by 1.2% in the 2nd quarter. Louisiana State Employees Retirement System now owns 51,200 shares of the technology company’s stock worth $995,000 after purchasing an additional 600 shares during the last quarter. GAMMA Investing LLC grew its stake in TTM Technologies by 67.2% in the third quarter. GAMMA Investing LLC now owns 1,598 shares of the technology company’s stock worth $29,000 after purchasing an additional 642 shares in the last quarter. Diversified Trust Co grew its stake in TTM Technologies by 2.6% in the third quarter. Diversified Trust Co now owns 25,043 shares of the technology company’s stock worth $457,000 after purchasing an additional 644 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in TTM Technologies by 5.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,394 shares of the technology company’s stock valued at $244,000 after buying an additional 659 shares during the last quarter. Finally, SummerHaven Investment Management LLC raised its stake in TTM Technologies by 1.6% during the second quarter. SummerHaven Investment Management LLC now owns 53,788 shares of the technology company’s stock valued at $1,045,000 after buying an additional 821 shares in the last quarter. 95.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on TTMI shares. Stifel Nicolaus lifted their target price on TTM Technologies from $19.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Needham & Company LLC lifted their price objective on shares of TTM Technologies from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. B. Riley increased their target price on shares of TTM Technologies from $25.50 to $27.25 and gave the stock a “buy” rating in a report on Thursday, August 1st. Finally, Truist Financial restated a “buy” rating and issued a $24.00 price target (up from $22.00) on shares of TTM Technologies in a research report on Thursday, August 1st.

TTM Technologies Stock Down 0.0 %

Shares of TTM Technologies stock opened at $23.99 on Tuesday. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 36.35 and a beta of 1.22. TTM Technologies, Inc. has a twelve month low of $13.43 and a twelve month high of $25.49. The company has a current ratio of 2.00, a quick ratio of 1.70 and a debt-to-equity ratio of 0.59. The business’s 50 day simple moving average is $20.64 and its 200-day simple moving average is $19.70.

Insider Activity at TTM Technologies

In other news, EVP Shawn A. Powers sold 6,400 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $23.74, for a total value of $151,936.00. Following the completion of the transaction, the executive vice president now owns 95,341 shares of the company’s stock, valued at approximately $2,263,395.34. This represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Catherine A. Gridley sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $25.15, for a total value of $125,750.00. Following the transaction, the executive vice president now directly owns 115,296 shares in the company, valued at $2,899,694.40. This trade represents a 4.16 % decrease in their ownership of the stock. 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 ninety days. 1.70% of the stock is owned by insiders.

TTM Technologies 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.