Wisconsin Capital Management LLC Acquires 4,660 Shares of Tetra Tech, Inc. (NASDAQ:TTEK)

Wisconsin Capital Management LLC grew its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 400.0% in the 3rd quarter, Holdings Channel reports. The fund owned 5,825 shares of the industrial products company’s stock after purchasing an additional 4,660 shares during the quarter. Wisconsin Capital Management LLC’s holdings in Tetra Tech were worth $275,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. BI Asset Management Fondsmaeglerselskab A S increased its holdings in Tetra Tech by 3.1% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 2,468 shares of the industrial products company’s stock valued at $456,000 after buying an additional 75 shares during the period. Texas Permanent School Fund Corp lifted its position in shares of Tetra Tech by 1.7% during the 1st quarter. Texas Permanent School Fund Corp now owns 46,793 shares of the industrial products company’s stock worth $8,643,000 after buying an additional 796 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Tetra Tech by 88.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 12,384 shares of the industrial products company’s stock valued at $2,288,000 after purchasing an additional 5,819 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in Tetra Tech by 4.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 8,547 shares of the industrial products company’s stock worth $1,579,000 after acquiring an additional 369 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of Tetra Tech in the first quarter valued at $3,765,000. Institutional investors own 93.89% of the company’s stock.

Insider Activity

In other Tetra Tech news, Director Kimberly E. Ritrievi sold 6,500 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $46.48, for a total value of $302,120.00. Following the sale, the director now owns 143,200 shares of the company’s stock, valued at $6,655,936. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Tetra Tech news, CFO Steven M. Burdick sold 36,830 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $46.57, for a total transaction of $1,715,173.10. Following the transaction, the chief financial officer now directly owns 112,620 shares of the company’s stock, valued at approximately $5,244,713.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kimberly E. Ritrievi sold 6,500 shares of the stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $46.48, for a total value of $302,120.00. Following the completion of the transaction, the director now owns 143,200 shares of the company’s stock, valued at approximately $6,655,936. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 121,750 shares of company stock worth $5,633,239 over the last ninety days. Company insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Robert W. Baird raised their target price on shares of Tetra Tech from $44.60 to $46.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. StockNews.com raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a research report on Tuesday, October 15th. Royal Bank of Canada lifted their target price on shares of Tetra Tech from $46.60 to $51.80 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Finally, KeyCorp increased their price target on Tetra Tech from $49.00 to $56.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 8th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $50.48.

Tetra Tech Stock Up 2.3 %

TTEK stock opened at $50.35 on Wednesday. Tetra Tech, Inc. has a fifty-two week low of $30.08 and a fifty-two week high of $50.69. The stock has a fifty day moving average of $47.79 and a 200-day moving average of $44.13. The company has a market capitalization of $13.48 billion, a price-to-earnings ratio of 46.53 and a beta of 0.94. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.21 and a current ratio of 1.21.

Tetra Tech Profile

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.