TTM Technologies, Inc. (NASDAQ:TTMI) insider Jon Pereira sold 6,985 shares of TTM Technologies stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $16.09, for a total value of $112,388.65. Following the sale, the insider now directly owns 36,960 shares in the company, valued at $594,686.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of TTM Technologies, Inc. (TTMI) opened at $16.16 on Thursday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.29 and a current ratio of 1.70. The firm has a market capitalization of $1,662.06, a P/E ratio of 14.76 and a beta of 1.70. TTM Technologies, Inc. has a 1-year low of $12.76 and a 1-year high of $19.54.
TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings data on Wednesday, February 7th. The technology company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.05. The company had revenue of $739.30 million for the quarter, compared to the consensus estimate of $724.65 million. TTM Technologies had a return on equity of 13.26% and a net margin of 4.67%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.58 earnings per share. equities research analysts predict that TTM Technologies, Inc. will post 1.04 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Ladenburg Thalmann Financial Services Inc. boosted its holdings in TTM Technologies by 169.0% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,048 shares of the technology company’s stock valued at $124,000 after purchasing an additional 5,056 shares in the last quarter. Ameritas Investment Partners Inc. boosted its holdings in TTM Technologies by 29.6% during the second quarter. Ameritas Investment Partners Inc. now owns 8,112 shares of the technology company’s stock valued at $141,000 after purchasing an additional 1,852 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in TTM Technologies by 55.2% during the third quarter. Envestnet Asset Management Inc. now owns 9,434 shares of the technology company’s stock valued at $145,000 after purchasing an additional 3,357 shares in the last quarter. FDx Advisors Inc. acquired a new stake in TTM Technologies during the fourth quarter valued at approximately $160,000. Finally, Leucadia National Corp acquired a new stake in TTM Technologies during the fourth quarter valued at approximately $203,000.
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TTM Technologies Company Profile
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.
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