TTM Technologies, Inc. (NASDAQ:TTMI) Director Kenton K. Alder Sells 3,000 Shares of Stock
TTM Technologies, Inc. (NASDAQ:TTMI) Director Kenton K. Alder sold 3,000 shares of TTM Technologies stock in a transaction on Monday, July 17th. The shares were sold at an average price of $18.43, for a total transaction of $55,290.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
TTM Technologies, Inc. (NASDAQ TTMI) opened at 18.66 on Wednesday. The firm has a 50-day moving average of $17.74 and a 200 day moving average of $16.32. The firm has a market capitalization of $1.90 billion, a PE ratio of 26.21 and a beta of 1.47. TTM Technologies, Inc. has a 52 week low of $7.92 and a 52 week high of $18.85.
TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, May 3rd. The technology company reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.13. TTM Technologies had a return on equity of 18.17% and a net margin of 2.92%. The firm had revenue of $625.20 million for the quarter, compared to analysts’ expectations of $615 million. During the same period last year, the business posted $0.14 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts predict that TTM Technologies, Inc. will post $1.70 earnings per share for the current year.
WARNING: “TTM Technologies, Inc. (NASDAQ:TTMI) Director Kenton K. Alder Sells 3,000 Shares of Stock” was published by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States and international copyright laws. The original version of this piece can be accessed at https://www.watchlistnews.com/ttm-technologies-inc-nasdaqttmi-director-kenton-k-alder-sells-3000-shares-of-stock/1452571.html.
A number of brokerages have recently commented on TTMI. Needham & Company LLC lifted their target price on shares of TTM Technologies from $18.00 to $22.00 and gave the company a “buy” rating in a report on Friday, June 9th. Zacks Investment Research cut shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 10th. TheStreet raised shares of TTM Technologies from a “c” rating to a “b-” rating in a report on Wednesday, May 3rd. Finally, J P Morgan Chase & Co raised shares of TTM Technologies from a “neutral” rating to an “overweight” rating and set a $21.00 target price on the stock in a report on Tuesday, April 4th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. TTM Technologies has a consensus rating of “Buy” and a consensus target price of $19.75.
Large investors have recently bought and sold shares of the stock. Ameritas Investment Partners Inc. bought a new stake in TTM Technologies during the first quarter worth about $101,000. State of Alaska Department of Revenue boosted its stake in TTM Technologies by 1.5% in the first quarter. State of Alaska Department of Revenue now owns 9,310 shares of the technology company’s stock worth $150,000 after buying an additional 140 shares during the last quarter. Eqis Capital Management Inc. bought a new stake in TTM Technologies during the first quarter worth about $167,000. 361 Capital LLC bought a new stake in TTM Technologies during the first quarter worth about $171,000. Finally, LS Investment Advisors LLC boosted its stake in TTM Technologies by 245.4% in the first quarter. LS Investment Advisors LLC now owns 10,950 shares of the technology company’s stock worth $177,000 after buying an additional 7,780 shares during the last quarter.
About TTM Technologies
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.
Receive News & Ratings for TTM Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.