TTM Technologies, Inc. (NASDAQ:TTMI) Shares Purchased by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P grew its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 5.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,312,770 shares of the technology company’s stock after buying an additional 63,230 shares during the period. Loomis Sayles & Co. L P owned 1.29% of TTM Technologies worth $32,491,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. GAMMA Investing LLC lifted its holdings in TTM Technologies by 27.7% in the 4th quarter. GAMMA Investing LLC now owns 2,041 shares of the technology company’s stock valued at $51,000 after purchasing an additional 443 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in TTM Technologies by 6.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 17,100 shares of the technology company’s stock valued at $423,000 after acquiring an additional 1,000 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in TTM Technologies by 1.6% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 61,822 shares of the technology company’s stock worth $1,542,000 after buying an additional 1,002 shares during the period. USA Financial Formulas acquired a new stake in TTM Technologies in the 4th quarter worth about $25,000. Finally, Smartleaf Asset Management LLC grew its holdings in TTM Technologies by 670.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,402 shares of the technology company’s stock valued at $35,000 after buying an additional 1,220 shares during the period. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Daniel J. Weber sold 15,000 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $26.34, for a total transaction of $395,100.00. Following the sale, the executive vice president now directly owns 95,153 shares in the company, valued at approximately $2,506,330.02. This represents a 13.62 % 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, SVP Dale Martin Knecht sold 3,848 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $26.01, for a total value of $100,086.48. Following the transaction, the senior vice president now owns 86,346 shares of the company’s stock, valued at $2,245,859.46. This represents a 4.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,817 shares of company stock valued at $1,316,006 over the last 90 days. 1.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TTMI. Stifel Nicolaus started coverage on shares of TTM Technologies in a research report on Tuesday, February 11th. They issued a “buy” rating and a $33.00 target price on the stock. Needham & Company LLC reissued a “buy” rating and set a $33.00 price objective on shares of TTM Technologies in a research note on Friday, March 21st.

TTM Technologies Stock Performance

Shares of TTM Technologies stock opened at $21.54 on Friday. The firm has a market cap of $2.19 billion, a PE ratio of 39.89 and a beta of 1.19. TTM Technologies, Inc. has a 1 year low of $13.43 and a 1 year high of $30.41. The firm’s 50-day simple moving average is $24.21 and its 200-day simple moving average is $22.92. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.71 and a current ratio of 1.99.

TTM Technologies (NASDAQ:TTMI) last released its earnings results on Wednesday, February 5th. The technology company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.05. TTM Technologies had a return on equity of 9.74% and a net margin of 2.30%. Equities analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

About TTM Technologies

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.