46,414 Shares in TTM Technologies, Inc. (NASDAQ:TTMI) Acquired by Quantbot Technologies LP

Quantbot Technologies LP bought a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 46,414 shares of the technology company’s stock, valued at approximately $847,000.

Other institutional investors also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA acquired a new position in shares of TTM Technologies during the third quarter valued at $18,600,000. Emerald Advisers LLC bought a new position in TTM Technologies in the 3rd quarter valued at about $13,693,000. American Century Companies Inc. increased its stake in TTM Technologies by 88.8% during the 2nd quarter. American Century Companies Inc. now owns 1,479,403 shares of the technology company’s stock valued at $28,745,000 after buying an additional 695,844 shares during the period. Emerald Mutual Fund Advisers Trust bought a new stake in shares of TTM Technologies during the 3rd quarter worth about $10,120,000. Finally, Hood River Capital Management LLC acquired a new stake in shares of TTM Technologies in the 2nd quarter worth approximately $8,806,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

TTM Technologies Price Performance

Shares of TTM Technologies stock opened at $24.38 on Monday. TTM Technologies, Inc. has a 52 week low of $13.43 and a 52 week high of $25.49. The company has a current ratio of 2.00, a quick ratio of 1.70 and a debt-to-equity ratio of 0.59. The stock has a market cap of $2.49 billion, a PE ratio of 36.94 and a beta of 1.22. The company’s 50-day moving average price is $21.14 and its two-hundred day moving average price is $19.86.

Insider Transactions at TTM Technologies

In other news, EVP Catherine A. Gridley sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $25.15, for a total transaction of $125,750.00. Following the completion of the sale, the executive vice president now directly owns 115,296 shares of the company’s stock, valued at $2,899,694.40. This trade represents a 4.16 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Shawn A. Powers sold 6,400 shares of TTM Technologies stock in a transaction on Friday, November 15th. The stock was sold at an average price of $23.74, for a total value of $151,936.00. Following the completion of the transaction, the executive vice president now owns 95,341 shares in the company, valued at $2,263,395.34. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 17,044 shares of company stock valued at $413,803 in the last quarter. Insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC boosted their target price on TTM Technologies from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, October 31st.

About TTM Technologies

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.