TTM Technologies, Inc. (NASDAQ:TTMI) Shares Purchased by Duality Advisers LP

Duality Advisers LP increased its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 26.8% in the 4th quarter, HoldingsChannel reports. The firm owned 42,816 shares of the technology company’s stock after purchasing an additional 9,047 shares during the period. Duality Advisers LP’s holdings in TTM Technologies were worth $677,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Counterpoint Mutual Funds LLC purchased a new stake in TTM Technologies during the 3rd quarter worth about $104,000. AXQ Capital LP purchased a new stake in TTM Technologies during the 3rd quarter worth about $144,000. Robeco Institutional Asset Management B.V. lifted its holdings in TTM Technologies by 207.5% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 16,201 shares of the technology company’s stock worth $209,000 after buying an additional 10,932 shares during the last quarter. Fox Run Management L.L.C. purchased a new stake in TTM Technologies during the 3rd quarter worth about $233,000. Finally, Dark Forest Capital Management LP purchased a new stake in TTM Technologies during the 3rd quarter worth about $278,000. 95.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Needham & Company LLC reaffirmed a “buy” rating and set a $19.00 price target on shares of TTM Technologies in a report on Wednesday, January 31st.

Insider Activity

In other news, insider Tom Clapprood sold 3,500 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $16.48, for a total value of $57,680.00. Following the completion of the sale, the insider now directly owns 52,264 shares of the company’s stock, valued at approximately $861,310.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.30% of the company’s stock.

TTM Technologies Price Performance

TTM Technologies stock opened at $14.62 on Thursday. TTM Technologies, Inc. has a fifty-two week low of $11.13 and a fifty-two week high of $16.53. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.03 and a quick ratio of 1.73. The stock has a 50-day simple moving average of $14.81 and a 200-day simple moving average of $14.48.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, February 7th. The technology company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.05. TTM Technologies had a positive return on equity of 7.83% and a negative net margin of 0.84%. The business had revenue of $569.04 million during the quarter, compared to the consensus estimate of $572.03 million. During the same period in the previous year, the business earned $0.36 EPS. The business’s quarterly revenue was down 7.8% on a year-over-year basis. As a group, research analysts forecast that TTM Technologies, Inc. will post 1.28 EPS for the current year.

TTM Technologies 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.