Catherine A. Gridley Sells 5,000 Shares of TTM Technologies, Inc. (NASDAQ:TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) EVP Catherine A. Gridley sold 5,000 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $2,899,694.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

TTM Technologies Stock Up 0.2 %

TTMI stock opened at $25.28 on Friday. The company has a 50 day moving average of $19.34 and a two-hundred day moving average of $19.08. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 38.30 and a beta of 1.22. TTM Technologies, Inc. has a 12-month low of $13.43 and a 12-month high of $25.49. The company has a quick ratio of 1.70, a current ratio of 2.00 and a debt-to-equity ratio of 0.59.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus boosted their price target on shares of TTM Technologies from $19.00 to $24.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Truist Financial reissued 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. B. Riley raised their target price on TTM Technologies from $25.50 to $27.25 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Finally, Needham & Company LLC lifted their price target on TTM Technologies from $24.00 to $26.00 and gave the company a “buy” rating in a report on Thursday, October 31st.

Institutional Trading of TTM Technologies

Institutional investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its holdings in shares of 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 buying an additional 23,945 shares during the last quarter. UniSuper Management Pty Ltd acquired a new stake in TTM Technologies in the first quarter valued at approximately $382,000. GSA Capital Partners LLP lifted its stake in TTM Technologies by 135.0% in the first quarter. GSA Capital Partners LLP now owns 63,681 shares of the technology company’s stock valued at $997,000 after acquiring an additional 36,582 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in TTM Technologies in the second quarter worth approximately $602,000. Finally, First Eagle Investment Management LLC increased its stake in shares of 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 purchasing an additional 92,300 shares during the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

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.