Mckinley Capital Management LLC Delaware Has $3.23 Million Position in TTM Technologies, Inc. (TTMI)
Mckinley Capital Management LLC Delaware lessened its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 40.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 206,239 shares of the technology company’s stock after selling 140,968 shares during the period. Mckinley Capital Management LLC Delaware’s holdings in TTM Technologies were worth $3,232,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Simplex Trading LLC bought a new stake in TTM Technologies during the 3rd quarter worth approximately $120,000. Ladenburg Thalmann Financial Services Inc. increased its holdings in TTM Technologies by 169.0% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,048 shares of the technology company’s stock worth $124,000 after acquiring an additional 5,056 shares during the period. Ameritas Investment Partners Inc. increased its holdings in TTM Technologies by 29.6% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,112 shares of the technology company’s stock worth $141,000 after acquiring an additional 1,852 shares during the period. Envestnet Asset Management Inc. increased its holdings in TTM Technologies by 55.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,434 shares of the technology company’s stock worth $145,000 after acquiring an additional 3,357 shares during the period. Finally, Suntrust Banks Inc. increased its holdings in TTM Technologies by 5.1% during the 2nd quarter. Suntrust Banks Inc. now owns 11,933 shares of the technology company’s stock worth $207,000 after acquiring an additional 583 shares during the period.
In other news, Director Kenton K. Alder sold 3,000 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $16.10, for a total value of $48,300.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 28.40% of the stock is currently owned by corporate insiders.
TTM Technologies, Inc. (NASDAQ TTMI) opened at $15.32 on Wednesday. The company has a market cap of $1,558.79, a price-to-earnings ratio of 13.92 and a beta of 1.70. TTM Technologies, Inc. has a twelve month low of $12.76 and a twelve month high of $19.54. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.96.
TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, February 7th. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.05. TTM Technologies had a net margin of 4.67% and a return on equity of 13.26%. The company had revenue of $739.30 million during the quarter, compared to analysts’ expectations of $724.65 million. During the same quarter in the prior year, the company earned $0.58 EPS. The firm’s revenue was up 4.6% on a year-over-year basis. equities research analysts expect that TTM Technologies, Inc. will post 1.04 earnings per share for the current fiscal year.
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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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