Vivaldi Asset Management LLC purchased a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 140,356 shares of the technology company’s stock, valued at approximately $2,157,000. Vivaldi Asset Management LLC owned about 0.14% of TTM Technologies as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. KBC Group NV increased its holdings in shares of TTM Technologies by 61.7% during the 3rd quarter. KBC Group NV now owns 125,196 shares of the technology company’s stock worth $1,924,000 after acquiring an additional 47,776 shares during the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of TTM Technologies by 4.4% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 737,349 shares of the technology company’s stock valued at $11,334,000 after buying an additional 31,209 shares during the period. Mckinley Capital Management LLC Delaware increased its position in shares of TTM Technologies by 34.4% in the 3rd quarter. Mckinley Capital Management LLC Delaware now owns 347,207 shares of the technology company’s stock valued at $5,336,000 after purchasing an additional 88,833 shares during the last quarter. Virginia Retirement Systems ET AL grew its position in shares of TTM Technologies by 13.1% in the 3rd quarter. Virginia Retirement Systems ET AL now owns 63,700 shares of the technology company’s stock valued at $979,000 after buying an additional 7,400 shares during the last quarter. Finally, Legal & General Group Plc grew its position in shares of TTM Technologies by 11.6% in the 3rd quarter. Legal & General Group Plc now owns 182,349 shares of the technology company’s stock valued at $2,802,000 after buying an additional 18,895 shares during the last quarter.

In related news, Director Kenton K. Alder sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $16.07, for a total transaction of $48,210.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 9,000 shares of company stock valued at $139,320 in the last ninety days. 28.40% of the stock is currently owned by insiders.

TTM Technologies, Inc. (NASDAQ:TTMI) traded down $0.33 during trading hours on Friday, hitting $16.33. The stock had a trading volume of 1,448,900 shares, compared to its average volume of 1,380,731. The company has a market cap of $1,774.64, a PE ratio of 13.83 and a beta of 1.55. TTM Technologies, Inc. has a fifty-two week low of $12.76 and a fifty-two week high of $19.54. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.65 and a quick ratio of 1.21.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, November 1st. The technology company reported $0.32 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.32. TTM Technologies had a return on equity of 14.77% and a net margin of 2.78%. The firm had revenue of $666.81 million for the quarter, compared to analyst estimates of $651.67 million. During the same quarter in the previous year, the firm earned $0.39 EPS. The business’s quarterly revenue was up 3.9% on a year-over-year basis. equities analysts anticipate that TTM Technologies, Inc. will post 1.08 earnings per share for the current year.

Several research analysts have issued reports on TTMI shares. Stifel Nicolaus reissued a “buy” rating and set a $17.50 price objective on shares of TTM Technologies in a research report on Thursday, September 28th. ValuEngine cut shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. J P Morgan Chase & Co set a $22.00 price target on shares of TTM Technologies and gave the stock a “buy” rating in a report on Wednesday, August 16th. Zacks Investment Research raised shares of TTM Technologies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Finally, BidaskClub cut shares of TTM Technologies from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $20.50.

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TTM Technologies Company 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.

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

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