TTM Technologies, Inc. (NASDAQ:TTMI) Holdings Lifted by Wellington Management Group LLP

Wellington Management Group LLP raised its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 1.3% during the third quarter, HoldingsChannel.com reports. The firm owned 1,394,661 shares of the technology company’s stock after buying an additional 18,027 shares during the quarter. Wellington Management Group LLP’s holdings in TTM Technologies were worth $25,453,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TTMI. American Century Companies Inc. lifted its position in shares of TTM Technologies by 88.8% in the second quarter. American Century Companies Inc. now owns 1,479,403 shares of the technology company’s stock worth $28,745,000 after buying an additional 695,844 shares during the last quarter. Loomis Sayles & Co. L P lifted its position in shares of TTM Technologies by 41.7% in the third quarter. Loomis Sayles & Co. L P now owns 1,249,540 shares of the technology company’s stock worth $22,804,000 after buying an additional 367,608 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in shares of TTM Technologies in the third quarter worth about $18,600,000. Bank of New York Mellon Corp lifted its position in shares of TTM Technologies by 1.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 863,309 shares of the technology company’s stock worth $16,774,000 after purchasing an additional 12,789 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new position in shares of TTM Technologies during the 3rd quarter worth about $15,314,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Insider Buying and Selling at TTM Technologies

In other news, EVP Shawn A. Powers sold 6,400 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 95,341 shares in the company, valued at approximately $2,263,395.34. This represents a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Douglas L. Soder sold 5,985 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $25.00, for a total value of $149,625.00. Following the completion of the sale, the executive vice president now owns 179,493 shares in the company, valued at approximately $4,487,325. This represents a 3.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 47,044 shares of company stock valued at $1,163,803 in the last quarter. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reissued a “buy” rating and set a $30.00 price objective (up previously from $26.00) on shares of TTM Technologies in a research report on Monday, December 9th.

TTM Technologies Trading Up 1.0 %

TTM Technologies stock opened at $25.74 on Friday. The business has a 50 day moving average price of $22.46 and a two-hundred day moving average price of $20.29. The company has a quick ratio of 1.70, a current ratio of 2.00 and a debt-to-equity ratio of 0.59. The stock has a market cap of $2.62 billion, a price-to-earnings ratio of 39.00 and a beta of 1.21. TTM Technologies, Inc. has a 12 month low of $13.43 and a 12 month high of $28.00.

TTM Technologies Company Profile

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.