Crossmark Global Holdings Inc. purchased a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,262 shares of the technology company’s stock, valued at approximately $496,000.

A number of other institutional investors and hedge funds have also modified their holdings of TTMI. Cipher Capital LP lifted its holdings in TTM Technologies by 82.5% during the 2nd quarter. Cipher Capital LP now owns 153,790 shares of the technology company’s stock worth $2,670,000 after buying an additional 69,510 shares during the last quarter. Brighton Jones LLC acquired a new position in shares of TTM Technologies during the 2nd quarter valued at $236,000. USA Financial Portformulas Corp increased its position in shares of TTM Technologies by 247.3% during the 2nd quarter. USA Financial Portformulas Corp now owns 59,809 shares of the technology company’s stock valued at $1,038,000 after purchasing an additional 42,586 shares during the period. Federated Investors Inc. PA increased its position in shares of TTM Technologies by 4.2% during the 2nd quarter. Federated Investors Inc. PA now owns 323,588 shares of the technology company’s stock valued at $5,617,000 after purchasing an additional 13,143 shares during the period. Finally, Alpha Windward LLC acquired a new position in shares of TTM Technologies during the 3rd quarter valued at $547,000.

ILLEGAL ACTIVITY NOTICE: “Crossmark Global Holdings Inc. Takes $496,000 Position in TTM Technologies, Inc. (TTMI)” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.thecerbatgem.com/2017/11/20/crossmark-global-holdings-inc-takes-496000-position-in-ttm-technologies-inc-ttmi.html.

In other news, Director Kenton K. Alder sold 3,000 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $14.70, for a total transaction of $44,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders have sold 12,000 shares of company stock valued at $182,190. Corporate insiders own 28.40% of the company’s stock.

TTM Technologies, Inc. (TTMI) opened at $16.71 on Monday. TTM Technologies, Inc. has a 1 year low of $12.76 and a 1 year high of $19.54. The stock has a market capitalization of $1,701.33, a price-to-earnings ratio of 13.26 and a beta of 1.55. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.21 and a current ratio of 1.65.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.32 earnings per share for the quarter, hitting the consensus estimate of $0.32. The business had revenue of $666.81 million during the quarter, compared to analyst estimates of $651.67 million. TTM Technologies had a return on equity of 14.77% and a net margin of 2.78%. The company’s revenue was up 3.9% compared to the same quarter last year. During the same period last year, the company posted $0.39 EPS. sell-side analysts predict that TTM Technologies, Inc. will post 1.08 earnings per share for the current year.

TTMI has been the topic of several research analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $17.50 price target on shares of TTM Technologies in a research report on Thursday, September 28th. ValuEngine cut TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. J P Morgan Chase & Co set a $22.00 price target on TTM Technologies and gave the company a “buy” rating in a research report on Wednesday, August 16th. BidaskClub cut TTM Technologies from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Finally, Zacks Investment Research upgraded TTM Technologies from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. TTM Technologies presently has a consensus rating of “Buy” and an average target price of $20.50.

TTM Technologies Profile

TTM Technologies, Inc is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). As of January 2, 2017, the Company operated a total of 25 specialized facilities in North America and China. The Company’s segments include PCB, E-M Solutions and Corporate.

Want to see what other hedge funds are holding TTMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TTM Technologies, Inc. (NASDAQ:TTMI).

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

Receive News & Stock Ratings for TTM Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies Inc. and related stocks with our FREE daily email newsletter.