TTM Technologies, Inc. (NASDAQ:TTMI) Insider Sells $125,000.00 in Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Jeff Jankowsky sold 5,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $25.00, for a total value of $125,000.00. Following the transaction, the insider now owns 50,273 shares in the company, valued at approximately $1,256,825. This trade represents a 9.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Jeff Jankowsky also recently made the following trade(s):

• On Wednesday, November 27th, Jeff Jankowsky sold 5,000 shares of TTM Technologies stock. The shares were sold at an average price of $24.23, for a total transaction of $121,150.00.

TTM Technologies Stock Performance

NASDAQ:TTMI traded down $0.54 during mid-day trading on Tuesday, hitting $24.34. The stock had a trading volume of 152,497 shares, compared to its average volume of 750,643. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.70 and a current ratio of 2.00. TTM Technologies, Inc. has a twelve month low of $13.43 and a twelve month high of $25.49. The company’s 50 day simple moving average is $21.27 and its 200 day simple moving average is $19.91. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 36.56 and a beta of 1.21.

Analysts Set New Price Targets

Separately, Needham & Company LLC upped their price target on shares of TTM Technologies from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its stake in TTM Technologies by 6.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 63,144 shares of the technology company’s stock valued at $989,000 after purchasing an additional 3,592 shares in the last quarter. Comerica Bank increased its stake in shares of TTM Technologies by 9.4% in the first quarter. Comerica Bank now owns 116,629 shares of the technology company’s stock valued at $1,825,000 after buying an additional 9,999 shares during the period. CWM LLC raised its holdings in TTM Technologies by 202.6% in the 2nd quarter. CWM LLC now owns 1,858 shares of the technology company’s stock valued at $36,000 after buying an additional 1,244 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new position in shares of TTM Technologies during the second quarter worth $602,000. Finally, Diversified Trust Co increased its holdings in TTM Technologies by 8.7% in the second quarter. Diversified Trust Co now owns 24,399 shares of the technology company’s stock valued at $474,000 after purchasing an additional 1,954 shares during the period. Institutional investors own 95.79% of the company’s stock.

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.