TTM Technologies, Inc. (NASDAQ:TTMI) Insider Jeff Jankowsky Sells 5,000 Shares

TTM Technologies, Inc. (NASDAQ:TTMI) insider Jeff Jankowsky sold 5,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $25.00, for a total value of $125,000.00. Following the transaction, the insider now owns 50,273 shares in the company, valued at $1,256,825. This represents a 9.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Jeff Jankowsky also recently made the following trade(s):

• On Wednesday, November 27th, Jeff Jankowsky sold 5,000 shares of TTM Technologies stock. The shares were sold at an average price of $24.23, for a total value of $121,150.00.

TTM Technologies Stock Down 1.6 %

NASDAQ TTMI opened at $24.49 on Wednesday. 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’s 50 day moving average is $21.27 and its two-hundred day moving average is $19.91. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 37.11 and a beta of 1.21. TTM Technologies, Inc. has a 1-year low of $13.43 and a 1-year high of $25.49.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Louisiana State Employees Retirement System boosted its holdings in shares of TTM Technologies by 1.2% in the 2nd quarter. Louisiana State Employees Retirement System now owns 51,200 shares of the technology company’s stock worth $995,000 after acquiring an additional 600 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of TTM Technologies by 67.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,598 shares of the technology company’s stock worth $29,000 after acquiring an additional 642 shares in the last quarter. Diversified Trust Co boosted its holdings in shares of TTM Technologies by 2.6% in the 3rd quarter. Diversified Trust Co now owns 25,043 shares of the technology company’s stock worth $457,000 after acquiring an additional 644 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of TTM Technologies by 5.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,394 shares of the technology company’s stock worth $244,000 after acquiring an additional 659 shares in the last quarter. Finally, SummerHaven Investment Management LLC boosted its holdings in shares of TTM Technologies by 1.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 53,788 shares of the technology company’s stock worth $1,045,000 after acquiring an additional 821 shares in the last quarter. 95.79% of the stock is owned by institutional investors and hedge funds.

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.