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American Century Companies Inc. Has $8.66 Million Position in TTM Technologies, Inc. (NASDAQ:TTMI)

Defense World ·  Sep 3, 2022 06:11

American Century Companies Inc. lifted its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI – Get Rating) by 59.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 584,004 shares of the technology company's stock after buying an additional 218,867 shares during the period. American Century Companies Inc. owned about 0.57% of TTM Technologies worth $8,655,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. First Eagle Investment Management LLC raised its holdings in TTM Technologies by 135.4% during the first quarter. First Eagle Investment Management LLC now owns 152,054 shares of the technology company's stock worth $2,253,000 after acquiring an additional 87,454 shares in the last quarter. State of Tennessee Treasury Department raised its holdings in TTM Technologies by 17.9% during the first quarter. State of Tennessee Treasury Department now owns 37,777 shares of the technology company's stock worth $560,000 after acquiring an additional 5,725 shares in the last quarter. Profund Advisors LLC raised its holdings in TTM Technologies by 24.2% during the first quarter. Profund Advisors LLC now owns 14,475 shares of the technology company's stock worth $215,000 after acquiring an additional 2,818 shares in the last quarter. Hightower 6M Holding LLC bought a new stake in TTM Technologies during the first quarter worth about $449,000. Finally, Swiss National Bank raised its holdings in TTM Technologies by 4.2% during the first quarter. Swiss National Bank now owns 234,500 shares of the technology company's stock worth $3,475,000 after acquiring an additional 9,500 shares in the last quarter. Institutional investors own 95.83% of the company's stock.

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Analyst Upgrades and Downgrades

Several research firms recently issued reports on TTMI. StockNews.com upgraded TTM Technologies from a "hold" rating to a "buy" rating in a report on Wednesday, May 18th. Needham & Company LLC upped their price objective on TTM Technologies from $17.00 to $19.00 and gave the company a "buy" rating in a research note on Thursday, August 4th.

Insider Activity

In other news, EVP Daniel J. Weber sold 10,000 shares of the company's stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of $16.36, for a total value of $163,600.00. Following the transaction, the executive vice president now owns 84,736 shares of the company's stock, valued at $1,386,280.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, VP Tony Sanchez sold 2,904 shares of the stock in a transaction that occurred on Tuesday, June 21st. The stock was sold at an average price of $12.67, for a total transaction of $36,793.68. Following the sale, the vice president now owns 18,446 shares of the company's stock, valued at $233,710.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel J. Weber sold 10,000 shares of the stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of $16.36, for a total value of $163,600.00. Following the sale, the executive vice president now directly owns 84,736 shares in the company, valued at approximately $1,386,280.96. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 42,941 shares of company stock valued at $589,439. 1.10% of the stock is owned by insiders.

TTM Technologies Price Performance

TTM Technologies stock opened at $15.12 on Friday. TTM Technologies, Inc. has a 12 month low of $9.76 and a 12 month high of $17.49. The stock's 50 day moving average is $14.18 and its 200-day moving average is $13.86. The company has a current ratio of 1.91, a quick ratio of 1.62 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 21.30 and a beta of 1.53.

TTM Technologies Company Profile

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TTM Technologies, Inc, together with its subsidiaries, engages in the manufacture and sale of printed circuit boards (PCBs) worldwide. The company operates in two segments, PCB and RF&S Components. It offers PCB products, radio frequency (RF) components, conventional PCBs, RF and microwave circuits, high density interconnect PCBs, substrate-like PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, IC substrates, passive RF components, advanced ceramic RF components, multi-chip modules, and beamforming and switching networks.

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