TTM Technologies, Inc. (NASDAQ:TTMI) Shares Bought by Neuburgh Advisers LLC

Neuburgh Advisers LLC grew its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 30.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 11,568 shares of the technology company’s stock after buying an additional 2,720 shares during the period. Neuburgh Advisers LLC’s holdings in TTM Technologies were worth $118,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in TTM Technologies by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,767,958 shares of the technology company’s stock worth $85,312,000 after purchasing an additional 133,379 shares during the period. Bank of Montreal Can raised its stake in shares of TTM Technologies by 8.1% in the 1st quarter. Bank of Montreal Can now owns 220,505 shares of the technology company’s stock valued at $2,586,000 after purchasing an additional 16,453 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of TTM Technologies by 81.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 22,941 shares of the technology company’s stock valued at $269,000 after purchasing an additional 10,290 shares in the last quarter. Rhumbline Advisers raised its stake in shares of TTM Technologies by 1.1% in the 1st quarter. Rhumbline Advisers now owns 275,479 shares of the technology company’s stock valued at $3,231,000 after purchasing an additional 2,887 shares in the last quarter. Finally, Comerica Bank raised its stake in shares of TTM Technologies by 19.0% in the 1st quarter. Comerica Bank now owns 351,681 shares of the technology company’s stock valued at $4,477,000 after purchasing an additional 56,159 shares in the last quarter.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of TTM Technologies from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research note on Wednesday, August 21st. JPMorgan Chase & Co. lowered shares of TTM Technologies from an “overweight” rating to a “neutral” rating and set a $14.00 target price on the stock. in a research note on Monday, August 5th. TheStreet lowered shares of TTM Technologies from a “b-” rating to a “c+” rating in a research note on Friday, May 24th. BidaskClub upgraded shares of TTM Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, September 7th. Finally, ValuEngine upgraded shares of TTM Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, September 5th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $14.19.



In related news, EVP Tai Keung Chung sold 29,839 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $10.58, for a total transaction of $315,696.62. Following the sale, the executive vice president now owns 48,518 shares in the company, valued at $513,320.44. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Anthony J. Princiotta sold 23,222 shares of the stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $10.09, for a total transaction of $234,309.98. Following the sale, the insider now owns 51,408 shares in the company, valued at approximately $518,706.72. The disclosure for this sale can be found here. In the last quarter, insiders have sold 74,939 shares of company stock worth $784,007. 6.90% of the stock is owned by company insiders.

Shares of TTM Technologies stock traded up $0.05 during trading on Friday, reaching $12.30. The company had a trading volume of 13,284 shares, compared to its average volume of 974,877. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 8.93 and a beta of 2.53. TTM Technologies, Inc. has a fifty-two week low of $8.49 and a fifty-two week high of $17.61. The firm’s fifty day moving average is $10.62 and its 200-day moving average is $10.96. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.71 and a current ratio of 1.91.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings data on Wednesday, July 31st. The technology company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.03. The firm had revenue of $633.04 million for the quarter, compared to analyst estimates of $622.68 million. TTM Technologies had a net margin of 2.93% and a return on equity of 6.56%. TTM Technologies’s quarterly revenue was down 11.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.48 earnings per share. On average, research analysts anticipate that TTM Technologies, Inc. will post 0.46 EPS for the current fiscal year.

TTM Technologies Profile

TTM Technologies, Inc, together with its subsidiaries, manufactures printed circuit boards (PCBs) worldwide. It operates through two segments, PCB and E-M Solutions. The company offers a range of PCBs and electro-mechanical solutions, including conventional PCBs, high density interconnect PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, and IC substrates.

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

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