ClearAlpha Technologies LP Buys Shares of 13,790 TTM Technologies, Inc. (NASDAQ:TTMI)

ClearAlpha Technologies LP purchased a new position in TTM Technologies, Inc. (NASDAQ:TTMIFree Report) during the third quarter, HoldingsChannel.com reports. The fund purchased 13,790 shares of the technology company’s stock, valued at approximately $252,000.

A number of other large investors also recently modified their holdings of TTMI. GAMMA Investing LLC increased its holdings in TTM Technologies by 67.2% during 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 during the period. CWM LLC raised its position in shares of TTM Technologies by 202.6% in the second quarter. CWM LLC now owns 1,858 shares of the technology company’s stock worth $36,000 after buying an additional 1,244 shares in the last quarter. Covestor Ltd boosted its stake in TTM Technologies by 3,220.3% during the third quarter. Covestor Ltd now owns 1,959 shares of the technology company’s stock valued at $36,000 after buying an additional 1,900 shares during the period. Innealta Capital LLC bought a new stake in TTM Technologies during the second quarter valued at $64,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in TTM Technologies during the third quarter worth about $143,000. 95.79% of the stock is currently owned by institutional investors.

TTM Technologies Stock Performance

NASDAQ TTMI opened at $24.88 on Tuesday. TTM Technologies, Inc. has a 52-week low of $13.43 and a 52-week high of $25.49. The company has a fifty day moving average of $21.14 and a 200-day moving average of $19.87. The company has a market capitalization of $2.54 billion, a P/E ratio of 37.70 and a beta of 1.21. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.70 and a current ratio of 2.00.

Insider Buying and Selling at TTM Technologies

In other news, EVP Shawn A. Powers sold 6,400 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $23.74, for a total transaction of $151,936.00. Following the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeff Jankowsky sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $24.23, for a total value of $121,150.00. Following the completion of the sale, the insider now owns 55,273 shares of the company’s stock, valued at $1,339,264.79. The trade was a 8.30 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,044 shares of company stock worth $413,803 over the last 90 days. Corporate insiders own 1.70% of the company’s stock.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Analysis on TTMI

About TTM Technologies

(Free Report)

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.

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Institutional Ownership by Quarter for TTM Technologies (NASDAQ:TTMI)

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