Florida Financial Advisors LLC lifted its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 28.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 33,029 shares of the technology company’s stock after purchasing an additional 7,346 shares during the quarter. Florida Financial Advisors LLC’s holdings in TTM Technologies were worth $2,276,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the business. Larson Financial Group LLC grew its stake in shares of TTM Technologies by 4.4% in the third quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock worth $229,000 after purchasing an additional 167 shares during the last quarter. Optiver Holding B.V. grew its stake in shares of TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after purchasing an additional 170 shares during the last quarter. Choreo LLC grew its stake in shares of TTM Technologies by 1.4% in the third quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock worth $818,000 after purchasing an additional 191 shares during the last quarter. Ashton Thomas Private Wealth LLC grew its stake in shares of TTM Technologies by 3.3% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 6,665 shares of the technology company’s stock worth $460,000 after purchasing an additional 214 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of TTM Technologies by 57.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 597 shares of the technology company’s stock worth $41,000 after purchasing an additional 219 shares during the last quarter. Institutional investors own 95.79% of the company’s stock.
TTM Technologies Stock Performance
Shares of TTMI opened at $173.72 on Monday. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $18.04 billion, a P/E ratio of 93.90 and a beta of 2.10. The firm’s fifty day simple moving average is $136.16 and its two-hundred day simple moving average is $102.48. TTM Technologies, Inc. has a 12 month low of $29.26 and a 12 month high of $200.68.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on TTMI. Needham & Company LLC boosted their price objective on shares of TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday. 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 research note on Thursday. Stifel Nicolaus boosted their price objective on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday. Truist Financial boosted their price objective on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $209.00.
Read Our Latest Stock Report on TTM Technologies
Insider Buying and Selling
In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.30% of the company’s stock.
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 systemâlevel 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.
Featured Stories
- Five stocks we like better than TTM Technologies
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Want to see what other hedge funds are holding TTMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TTM Technologies, Inc. (NASDAQ:TTMI – Free Report).
Receive News & Ratings for TTM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
