ProShare Advisors LLC decreased its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI – Get Rating) by 11.0% during the first quarter, Holdings Channel.com reports. The fund owned 23,226 shares of the technology company's stock after selling 2,867 shares during the quarter. ProShare Advisors LLC's holdings in TTM Technologies were worth $344,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mutual of America Capital Management LLC raised its position in shares of TTM Technologies by 5.5% during the first quarter. Mutual of America Capital Management LLC now owns 15,037 shares of the technology company's stock valued at $223,000 after buying an additional 779 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of TTM Technologies by 2.4% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 44,408 shares of the technology company's stock valued at $658,000 after buying an additional 1,031 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its position in shares of TTM Technologies by 10.9% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 10,503 shares of the technology company's stock valued at $156,000 after buying an additional 1,032 shares during the last quarter. Kenfarb & CO. bought a new stake in shares of TTM Technologies during the fourth quarter valued at approximately $30,000. Finally, PEAK6 Investments LLC raised its position in shares of TTM Technologies by 23.9% during the fourth quarter. PEAK6 Investments LLC now owns 10,422 shares of the technology company's stock valued at $155,000 after buying an additional 2,009 shares during the last quarter. Institutional investors own 95.83% of the company's stock.
Get TTM Technologies alerts:Analysts Set New Price Targets
Several research firms have recently issued reports on TTMI. StockNews.com upgraded shares of TTM Technologies from a "hold" rating to a "buy" rating in a research report on Wednesday, May 18th. Needham & Company LLC boosted their price target on shares of TTM Technologies from $17.00 to $19.00 and gave the stock a "buy" rating in a research report on Thursday, August 4th.
Insider Buying and Selling
In other TTM Technologies news, EVP Daniel J. Weber sold 10,000 shares of TTM Technologies stock in a transaction on Monday, August 8th. The shares were sold at an average price of $16.36, for a total transaction of $163,600.00. Following the completion of the transaction, the executive vice president now directly owns 84,736 shares of the company's stock, valued at $1,386,280.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other TTM Technologies news, EVP Daniel J. Weber sold 10,000 shares of TTM Technologies stock in a transaction on Monday, August 8th. The shares were sold at an average price of $16.36, for a total transaction of $163,600.00. Following the completion of the transaction, the executive vice president now directly owns 84,736 shares of the company's stock, valued at $1,386,280.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Philip Titterton sold 7,215 shares of TTM Technologies stock in a transaction on Tuesday, June 21st. The stock was sold at an average price of $12.67, for a total transaction of $91,414.05. Following the transaction, the chief operating officer now directly owns 73,950 shares of the company's stock, valued at $936,946.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 42,941 shares of company stock worth $589,439. Insiders own 1.10% of the company's stock.TTM Technologies Trading Down 1.0 %
Shares of TTMI opened at $15.12 on Monday. The company's fifty day moving average is $14.18 and its 200 day moving average is $13.86. TTM Technologies, Inc. has a fifty-two week low of $9.76 and a fifty-two week high of $17.49. The stock has a market capitalization of $1.55 billion, a PE ratio of 21.30 and a beta of 1.53. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.62 and a current ratio of 1.91.
About TTM Technologies
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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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