TTM Technologies, Inc. (NASDAQ:TTMI) Insider Jeff Jankowsky Sells 5,000 Shares of Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Jeff Jankowsky sold 5,000 shares of TTM Technologies stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $24.23, for a total value of $121,150.00. Following the sale, the insider now directly owns 55,273 shares in the company, valued at $1,339,264.79. The trade was a 8.30 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

TTM Technologies Trading Down 0.4 %

Shares of TTMI opened at $24.14 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.70 and a current ratio of 2.00. The company has a market cap of $2.46 billion, a price-to-earnings ratio of 36.58 and a beta of 1.22. The stock has a fifty day moving average price of $20.77 and a two-hundred day moving average price of $19.74. TTM Technologies, Inc. has a 52-week low of $13.43 and a 52-week high of $25.49.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Truist Financial restated a “buy” rating and set a $24.00 target price (up previously from $22.00) on shares of TTM Technologies in a research report on Thursday, August 1st. Needham & Company LLC boosted their target price on shares of TTM Technologies from $24.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Stifel Nicolaus upped their target price on shares of TTM Technologies from $19.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Finally, B. Riley lifted their price target on shares of TTM Technologies from $25.50 to $27.25 and gave the company a “buy” rating in a report on Thursday, August 1st.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Natixis Advisors LLC increased its position in TTM Technologies by 131.7% in the 3rd quarter. Natixis Advisors LLC now owns 80,631 shares of the technology company’s stock valued at $1,471,000 after acquiring an additional 45,835 shares in the last quarter. Dynamic Advisor Solutions LLC bought a new stake in shares of TTM Technologies during the second quarter valued at approximately $602,000. First Eagle Investment Management LLC increased its holdings in shares of TTM Technologies by 14.6% in the second quarter. First Eagle Investment Management LLC now owns 724,641 shares of the technology company’s stock valued at $14,080,000 after purchasing an additional 92,300 shares in the last quarter. Hood River Capital Management LLC bought a new position in TTM Technologies in the 2nd quarter worth approximately $8,806,000. Finally, Emerald Advisers LLC acquired a new position in TTM Technologies during the 3rd quarter worth $13,693,000. 95.79% of the stock is owned by institutional investors.

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.