Mutual of America Capital Management LLC Has $223,000 Stake in TTM Technologies, Inc. (NASDAQ:TTMI)

Mutual of America Capital Management LLC increased its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMIGet Rating) by 5.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,037 shares of the technology company’s stock after acquiring an additional 779 shares during the period. Mutual of America Capital Management LLC’s holdings in TTM Technologies were worth $223,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in TTMI. Allspring Global Investments Holdings LLC acquired a new stake in shares of TTM Technologies during the fourth quarter worth $1,327,000. State of New Jersey Common Pension Fund D acquired a new stake in TTM Technologies in the 4th quarter valued at $2,937,000. Yousif Capital Management LLC acquired a new stake in TTM Technologies in the 4th quarter valued at $1,424,000. Qube Research & Technologies Ltd increased its stake in TTM Technologies by 9.1% in the 4th quarter. Qube Research & Technologies Ltd now owns 67,963 shares of the technology company’s stock valued at $1,013,000 after buying an additional 5,690 shares during the last quarter. Finally, Cim Investment Management Inc. increased its stake in TTM Technologies by 100.0% in the 4th quarter. Cim Investment Management Inc. now owns 33,214 shares of the technology company’s stock valued at $456,000 after buying an additional 16,607 shares during the last quarter. 99.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of TTM Technologies from a “hold” rating to a “buy” rating in a research note on Wednesday, May 18th.

TTM Technologies Stock Down 1.2 %

Shares of TTMI stock opened at $13.54 on Wednesday. The firm’s fifty day moving average price is $13.07 and its two-hundred day moving average price is $13.47. TTM Technologies, Inc. has a 1 year low of $9.76 and a 1 year high of $15.89. The firm has a market capitalization of $1.38 billion, a P/E ratio of 19.34 and a beta of 1.53. The company has a current ratio of 2.44, a quick ratio of 2.21 and a debt-to-equity ratio of 0.64.

TTM Technologies (NASDAQ:TTMIGet Rating) last announced its quarterly earnings data on Wednesday, May 4th. The technology company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. TTM Technologies had a net margin of 3.25% and a return on equity of 7.72%. The company had revenue of $581.26 million during the quarter, compared to the consensus estimate of $560.37 million. During the same quarter last year, the firm posted ($0.03) EPS. The company’s quarterly revenue was up 10.4% on a year-over-year basis. On average, equities analysts predict that TTM Technologies, Inc. will post 1.16 EPS for the current fiscal year.

Insider Activity

In other news, COO Philip Titterton sold 7,215 shares of TTM Technologies stock in a transaction dated Tuesday, June 21st. The shares were sold at an average price of $12.67, for a total value of $91,414.05. Following the completion of the transaction, the chief operating officer now owns 73,950 shares of the company’s stock, valued at approximately $936,946.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, COO Philip Titterton sold 7,215 shares of TTM Technologies stock in a transaction dated Tuesday, June 21st. The shares were sold at an average price of $12.67, for a total transaction of $91,414.05. Following the completion of the sale, the chief operating officer now owns 73,950 shares of the company’s stock, valued at approximately $936,946.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Tony Sanchez sold 4,832 shares of TTM Technologies stock in a transaction dated Thursday, June 23rd. The stock was sold at an average price of $12.13, for a total transaction of $58,612.16. Following the sale, the vice president now directly owns 21,749 shares of the company’s stock, valued at approximately $263,815.37. The disclosure for this sale can be found here. Insiders sold a total of 27,941 shares of company stock valued at $344,389 in the last quarter. Company insiders own 1.10% of the company’s stock.

About TTM Technologies

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TTM Technologies, Inc, together with its subsidiaries, engages in the manufacture and sale of printed circuit boards (PCBs) worldwide. The company operates in two segments, PCB and RF&S Components. It offers PCB products, radio frequency (RF) components, conventional PCBs, RF and microwave circuits, high density interconnect PCBs, substrate-like PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, IC substrates, passive RF components, advanced ceramic RF components, multi-chip modules, and beamforming and switching networks.

See Also

Institutional Ownership by Quarter for TTM Technologies (NASDAQ:TTMI)

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