15,241 Shares in TTM Technologies, Inc. (NASDAQ:TTMI) Purchased by Aigen Investment Management LP

Aigen Investment Management LP acquired a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the third quarter, Holdings Channel reports. The firm acquired 15,241 shares of the technology company’s stock, valued at approximately $278,000.

Other large investors have also recently modified their holdings of the company. Versor Investments LP boosted its stake in TTM Technologies by 254.7% during the 3rd quarter. Versor Investments LP now owns 49,300 shares of the technology company’s stock valued at $900,000 after purchasing an additional 35,400 shares during the last quarter. Covestor Ltd boosted its stake in shares of TTM Technologies by 3,220.3% during the 3rd quarter. Covestor Ltd now owns 1,959 shares of the technology company’s stock worth $36,000 after acquiring an additional 1,900 shares during the last quarter. Emerald Advisers LLC purchased a new stake in TTM Technologies in the third quarter worth about $13,693,000. Emerald Mutual Fund Advisers Trust bought a new position in shares of TTM Technologies in the third quarter worth about $10,120,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of TTM Technologies by 5.2% during the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Wall Street Analyst Weigh In

TTMI has been the subject of several analyst reports. Needham & Company LLC increased their target price 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. Stifel Nicolaus increased their price objective on shares of TTM Technologies from $19.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. B. Riley lifted their target price on shares of TTM Technologies from $25.50 to $27.25 and gave the company a “buy” rating in a research note on Thursday, August 1st. Finally, Truist Financial reiterated a “buy” rating and issued a $24.00 price target (up previously from $22.00) on shares of TTM Technologies in a research note on Thursday, August 1st.

TTM Technologies Trading Down 2.8 %

TTMI stock opened at $23.27 on Friday. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 35.26 and a beta of 1.22. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.00 and a quick ratio of 1.70. TTM Technologies, Inc. has a 1-year low of $13.43 and a 1-year high of $25.49. The business has a 50 day simple moving average of $19.96 and a two-hundred day simple moving average of $19.37.

Insider Buying and Selling

In other TTM Technologies news, EVP Shawn A. Powers sold 7,000 shares of TTM Technologies stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $20.50, for a total value of $143,500.00. Following the sale, the executive vice president now owns 101,741 shares of the company’s stock, valued at $2,085,690.50. The trade was a 6.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Daniel J. Weber sold 13,000 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $19.00, for a total value of $247,000.00. Following the sale, the executive vice president now directly owns 94,488 shares in the company, valued at $1,795,272. This trade represents a 12.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,000 shares of company stock worth $516,250. 1.30% of the stock is owned by insiders.

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.