TTM Technologies, Inc. (NASDAQ:TTMI) Director Kenton K. Alder sold 3,000 shares of the company’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $16.07, for a total value of $48,210.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of TTM Technologies, Inc. (NASDAQ:TTMI) traded down $0.08 during midday trading on Thursday, hitting $16.17. The company had a trading volume of 830,200 shares, compared to its average volume of 1,396,010. The company has a quick ratio of 1.21, a current ratio of 1.65 and a debt-to-equity ratio of 1.02. The stock has a market cap of $1,654.50, a PE ratio of 12.90 and a beta of 1.55. TTM Technologies, Inc. has a 1 year low of $11.76 and a 1 year high of $19.54.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.32 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.32. The firm had revenue of $666.81 million during the quarter, compared to analysts’ expectations of $651.67 million. TTM Technologies had a return on equity of 14.77% and a net margin of 2.78%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 EPS. analysts predict that TTM Technologies, Inc. will post 1.08 EPS for the current year.

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Several brokerages have weighed in on TTMI. Stifel Nicolaus upgraded TTM Technologies from a “hold” rating to a “buy” rating and set a $17.50 target price for the company in a report on Thursday, August 24th. They noted that the move was a valuation call. BidaskClub upgraded TTM Technologies from a “buy” rating to a “strong-buy” rating in a report on Monday, July 24th. Zacks Investment Research cut TTM Technologies from a “hold” rating to a “strong sell” rating in a report on Thursday, October 26th. J P Morgan Chase & Co set a $22.00 target price on TTM Technologies and gave the stock a “buy” rating in a report on Wednesday, August 16th. Finally, ValuEngine cut TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. TTM Technologies currently has an average rating of “Buy” and an average target price of $20.50.

Several hedge funds and other institutional investors have recently modified their holdings of TTMI. UBS Asset Management Americas Inc. lifted its stake in shares of TTM Technologies by 42.1% during the 1st quarter. UBS Asset Management Americas Inc. now owns 33,449 shares of the technology company’s stock worth $540,000 after purchasing an additional 9,907 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its stake in shares of TTM Technologies by 17.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 763,473 shares of the technology company’s stock worth $12,315,000 after purchasing an additional 114,859 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of TTM Technologies by 134.8% during the 1st quarter. Bank of America Corp DE now owns 194,180 shares of the technology company’s stock worth $3,133,000 after purchasing an additional 111,483 shares during the last quarter. State Street Corp lifted its stake in shares of TTM Technologies by 6.4% during the 1st quarter. State Street Corp now owns 1,870,812 shares of the technology company’s stock worth $30,176,000 after purchasing an additional 112,550 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its stake in shares of TTM Technologies by 11.3% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 25,600 shares of the technology company’s stock worth $413,000 after purchasing an additional 2,600 shares during the last quarter.

About TTM Technologies

TTM Technologies, Inc is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). As of January 2, 2017, the Company operated a total of 25 specialized facilities in North America and China. The Company’s segments include PCB, E-M Solutions and Corporate.

Insider Buying and Selling by Quarter for TTM Technologies (NASDAQ:TTMI)

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