Savant Capital LLC cut its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 73.1% in the 4th quarter, HoldingsChannel reports. The firm owned 2,947 shares of the technology company’s stock after selling 7,996 shares during the period. Savant Capital LLC’s holdings in TTM Technologies were worth $203,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of the stock. Larson Financial Group LLC lifted its position in TTM Technologies by 4.4% during the third quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock valued at $229,000 after purchasing an additional 167 shares during the last quarter. Optiver Holding B.V. lifted its position in TTM Technologies by 66.4% during the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after purchasing an additional 170 shares during the last quarter. Choreo LLC lifted its position in TTM Technologies by 1.4% during the third quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock valued at $818,000 after purchasing an additional 191 shares during the last quarter. Ashton Thomas Private Wealth LLC lifted its position in TTM Technologies by 3.3% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 6,665 shares of the technology company’s stock valued at $460,000 after purchasing an additional 214 shares during the last quarter. Finally, Focus Partners Wealth lifted its position in TTM Technologies by 1.1% during the first quarter. Focus Partners Wealth now owns 31,944 shares of the technology company’s stock valued at $655,000 after purchasing an additional 343 shares during the last quarter. 95.79% of the stock is currently owned by institutional investors.
TTM Technologies Trading Up 6.4%
Shares of TTMI opened at $178.38 on Tuesday. The firm has a market cap of $18.52 billion, a price-to-earnings ratio of 96.42 and a beta of 2.10. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. TTM Technologies, Inc. has a fifty-two week low of $33.62 and a fifty-two week high of $200.68. The firm has a 50 day moving average price of $145.59 and a 200-day moving average price of $107.23.
Insider Activity at TTM Technologies
In related news, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.30% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Needham & Company LLC lifted their target price on shares of TTM Technologies from $160.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Stifel Nicolaus lifted their target price on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Finally, B. Riley Financial boosted their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. Based on data from MarketBeat.com, TTM Technologies has a consensus rating of “Buy” and a consensus target price of $209.00.
View Our Latest Stock Analysis on TTMI
TTM Technologies Company Profile
TTM Technologies, Inc is a leading global manufacturer of printed circuit boards (PCBs) and related electronic components. The company’s product portfolio spans rigid, flexible and rigid-flex circuit boards, as well as advanced substrates, backplanes, hybrid circuits and integrated antenna modules. In addition to PCB fabrication, TTM offers comprehensive system?level services, including design support, surface mount technology (SMT) assembly, cable and wire harness assembly, and complete box-build solutions to address end-to-end customer requirements.
Serving a broad array of end markets, TTM Technologies supports customers in the communications, computing, automotive, aerospace and defense, industrial, and medical sectors.
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