Mutual of America Capital Management LLC Has $223,000 Position in TTM Technologies, Inc. (NASDAQ:TTMI)

Mutual of America Capital Management LLC grew its position in TTM Technologies, Inc. (NASDAQ:TTMIGet Rating) by 5.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 15,037 shares of the technology company’s stock after purchasing an additional 779 shares during the quarter. Mutual of America Capital Management LLC’s holdings in TTM Technologies were worth $223,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ProShare Advisors LLC raised its position in shares of TTM Technologies by 57.6% in the 4th quarter. ProShare Advisors LLC now owns 26,093 shares of the technology company’s stock valued at $388,000 after buying an additional 9,535 shares in the last quarter. AXS Investments LLC acquired a new position in shares of TTM Technologies in the 4th quarter valued at approximately $224,000. Inspire Investing LLC acquired a new position in shares of TTM Technologies in the 1st quarter valued at approximately $237,000. WINTON GROUP Ltd raised its position in shares of TTM Technologies by 29.6% in the 4th quarter. WINTON GROUP Ltd now owns 173,769 shares of the technology company’s stock valued at $2,589,000 after buying an additional 39,657 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its position in shares of TTM Technologies by 21.6% in the 4th quarter. Teacher Retirement System of Texas now owns 19,881 shares of the technology company’s stock valued at $296,000 after buying an additional 3,530 shares in the last quarter. 99.08% of the stock is currently owned by institutional investors and hedge funds.

TTM Technologies Price Performance

TTMI stock opened at $13.54 on Wednesday. The company has a 50 day simple moving average of $13.07 and a 200 day simple moving average of $13.47. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 19.34 and a beta of 1.53. TTM Technologies, Inc. has a 1 year low of $9.76 and a 1 year high of $15.89. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.44 and a quick ratio of 2.21.

TTM Technologies (NASDAQ:TTMIGet Rating) last released its quarterly earnings data on Wednesday, May 4th. The technology company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $581.26 million during the quarter, compared to analysts’ expectations of $560.37 million. TTM Technologies had a net margin of 3.25% and a return on equity of 7.72%. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.03) EPS. Research analysts anticipate that TTM Technologies, Inc. will post 1.16 EPS for the current fiscal year.

Insiders Place Their Bets

In other TTM Technologies news, COO Philip Titterton sold 12,990 shares of the business’s stock in a transaction that occurred on Thursday, June 23rd. The shares were sold at an average price of $12.13, for a total transaction of $157,568.70. Following the sale, the chief operating officer now directly owns 87,196 shares of the company’s stock, valued at approximately $1,057,687.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other TTM Technologies news, COO Philip Titterton sold 12,990 shares of the business’s stock in a transaction that occurred on Thursday, June 23rd. The shares were sold at an average price of $12.13, for a total transaction of $157,568.70. Following the sale, the chief operating officer now directly owns 87,196 shares of the company’s stock, valued at approximately $1,057,687.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Tony Sanchez sold 4,832 shares of the business’s stock in a transaction that occurred on Thursday, June 23rd. The stock was sold at an average price of $12.13, for a total transaction of $58,612.16. Following the sale, the vice president now directly owns 21,749 shares in the company, valued at $263,815.37. The disclosure for this sale can be found here. Insiders have sold 27,941 shares of company stock valued at $344,389 in the last ninety days. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of TTM Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, May 18th.

About TTM Technologies

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TTM Technologies, Inc, together with its subsidiaries, engages in the manufacture and sale of printed circuit boards (PCBs) worldwide. The company operates in two segments, PCB and RF&S Components. It offers PCB products, radio frequency (RF) components, conventional PCBs, RF and microwave circuits, high density interconnect PCBs, substrate-like PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, IC substrates, passive RF components, advanced ceramic RF components, multi-chip modules, and beamforming and switching networks.

See Also

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