TTM Technologies, Inc. (NASDAQ:TTMI) Shares Sold by Aperio Group LLC

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Aperio Group LLC reduced its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 13.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 49,367 shares of the technology company’s stock after selling 7,972 shares during the period. Aperio Group LLC’s holdings in TTM Technologies were worth $504,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. First Mercantile Trust Co. acquired a new stake in shares of TTM Technologies during the first quarter worth $26,000. Resources Investment Advisors Inc. acquired a new stake in shares of TTM Technologies during the first quarter worth $34,000. Mizuho Securities Co. Ltd. acquired a new stake in shares of TTM Technologies during the first quarter worth $70,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in shares of TTM Technologies by 15.0% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 11,606 shares of the technology company’s stock worth $136,000 after buying an additional 1,515 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its stake in shares of TTM Technologies by 8.7% during the first quarter. Oppenheimer & Co. Inc. now owns 12,500 shares of the technology company’s stock worth $147,000 after buying an additional 1,000 shares during the period.

In other TTM Technologies news, insider Anthony J. Princiotta sold 23,222 shares of TTM Technologies stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $10.09, for a total value of $234,309.98. Following the completion of the transaction, the insider now owns 51,408 shares of the company’s stock, valued at $518,706.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Daniel J. Weber sold 20,000 shares of TTM Technologies stock in a transaction on Friday, August 30th. The shares were sold at an average price of $10.70, for a total transaction of $214,000.00. Following the completion of the transaction, the senior vice president now directly owns 57,734 shares of the company’s stock, valued at approximately $617,753.80. The disclosure for this sale can be found here. Insiders sold 74,939 shares of company stock valued at $784,007 in the last ninety days. 6.90% of the stock is owned by corporate insiders.

Shares of TTM Technologies stock opened at $12.14 on Wednesday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.91 and a quick ratio of 1.71. The firm has a fifty day moving average price of $10.87 and a 200 day moving average price of $10.95. TTM Technologies, Inc. has a 1 year low of $8.49 and a 1 year high of $17.61. The stock has a market cap of $1.29 billion, a PE ratio of 8.80 and a beta of 2.52.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, July 31st. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.03. TTM Technologies had a net margin of 2.93% and a return on equity of 6.56%. The firm had revenue of $633.04 million during the quarter, compared to analysts’ expectations of $622.68 million. During the same quarter last year, the company posted $0.48 earnings per share. The firm’s revenue was down 11.7% compared to the same quarter last year. As a group, equities analysts expect that TTM Technologies, Inc. will post 0.46 EPS for the current year.

TTMI has been the subject of several research reports. Zacks Investment Research upgraded shares of TTM Technologies from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Wednesday, August 21st. TheStreet downgraded shares of TTM Technologies from a “b-” rating to a “c+” rating in a research note on Friday, May 24th. Stifel Nicolaus lifted their price objective on shares of TTM Technologies from $12.00 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. JPMorgan Chase & Co. downgraded shares of TTM Technologies from an “overweight” rating to a “neutral” rating and set a $14.00 price objective for the company. in a research note on Monday, August 5th. Finally, ValuEngine upgraded shares of TTM Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, September 5th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $14.19.

About TTM Technologies

TTM Technologies, Inc, together with its subsidiaries, manufactures printed circuit boards (PCBs) worldwide. It operates through two segments, PCB and E-M Solutions. The company offers a range of PCBs and electro-mechanical solutions, including conventional PCBs, high density interconnect PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, and IC substrates.

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Institutional Ownership by Quarter for TTM Technologies (NASDAQ:TTMI)

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