68,098 Shares in TTM Technologies, Inc. (NASDAQ:TTMI) Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC acquired a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 68,098 shares of the technology company’s stock, valued at approximately $1,077,000. Jackson Creek Investment Advisors LLC owned 0.07% of TTM Technologies as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Inspire Investing LLC boosted its stake in shares of TTM Technologies by 5.1% in the third quarter. Inspire Investing LLC now owns 23,697 shares of the technology company’s stock valued at $305,000 after buying an additional 1,150 shares during the period. Mutual of America Capital Management LLC lifted its position in shares of TTM Technologies by 1.1% during the 3rd quarter. Mutual of America Capital Management LLC now owns 165,083 shares of the technology company’s stock valued at $2,126,000 after acquiring an additional 1,810 shares during the period. Diversified Trust Co grew its holdings in shares of TTM Technologies by 8.8% during the 4th quarter. Diversified Trust Co now owns 22,445 shares of the technology company’s stock worth $355,000 after purchasing an additional 1,814 shares in the last quarter. Swiss National Bank increased its position in shares of TTM Technologies by 0.9% in the third quarter. Swiss National Bank now owns 225,500 shares of the technology company’s stock worth $2,904,000 after purchasing an additional 2,100 shares during the period. Finally, Strs Ohio raised its stake in TTM Technologies by 3.8% in the third quarter. Strs Ohio now owns 59,500 shares of the technology company’s stock valued at $766,000 after purchasing an additional 2,200 shares in the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

Analyst Ratings Changes

Separately, Needham & Company LLC reiterated a “buy” rating and set a $19.00 price objective on shares of TTM Technologies in a research note on Wednesday, January 31st.

Insider Activity

In related news, insider Tom Clapprood sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $16.48, for a total transaction of $57,680.00. Following the completion of the transaction, the insider now directly owns 52,264 shares in the company, valued at approximately $861,310.72. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.70% of the stock is currently owned by corporate insiders.

TTM Technologies Price Performance

NASDAQ TTMI traded down $0.22 on Tuesday, hitting $14.93. 769,327 shares of the company’s stock were exchanged, compared to its average volume of 655,415. The stock has a 50-day moving average of $14.77 and a 200-day moving average of $14.54. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of -82.94 and a beta of 1.39. TTM Technologies, Inc. has a 52 week low of $11.13 and a 52 week high of $16.53. The company has a current ratio of 2.03, a quick ratio of 1.73 and a debt-to-equity ratio of 0.61.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, February 7th. The technology company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.05. TTM Technologies had a positive return on equity of 7.83% and a negative net margin of 0.84%. The business had revenue of $569.04 million during the quarter, compared to the consensus estimate of $572.03 million. During the same period in the prior year, the company earned $0.36 EPS. TTM Technologies’s revenue for the quarter was down 7.8% on a year-over-year basis. Analysts expect that TTM Technologies, Inc. will post 1.28 earnings per share for the current year.

TTM Technologies 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.