TTM Technologies, Inc. (NASDAQ:TTMI) Shares Bought by Wellington Management Group LLP

Wellington Management Group LLP lifted its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 1.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,394,661 shares of the technology company’s stock after acquiring an additional 18,027 shares during the quarter. Wellington Management Group LLP owned 1.37% of TTM Technologies worth $25,453,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in TTM Technologies by 67.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,598 shares of the technology company’s stock valued at $29,000 after purchasing an additional 642 shares during the period. CWM LLC boosted its position in TTM Technologies by 202.6% during the 2nd quarter. CWM LLC now owns 1,858 shares of the technology company’s stock valued at $36,000 after purchasing an additional 1,244 shares during the period. Quarry LP acquired a new position in TTM Technologies during the 3rd quarter valued at approximately $34,000. Covestor Ltd boosted its position in TTM Technologies by 3,220.3% during the 3rd quarter. Covestor Ltd now owns 1,959 shares of the technology company’s stock valued at $36,000 after purchasing an additional 1,900 shares during the period. Finally, Innealta Capital LLC bought a new stake in TTM Technologies during the 2nd quarter valued at $64,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Insider Transactions at TTM Technologies

In other news, EVP Catherine A. Gridley sold 5,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $25.15, for a total transaction of $125,750.00. Following the sale, the executive vice president now directly owns 115,296 shares of the company’s stock, valued at $2,899,694.40. The trade was a 4.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Shawn A. Powers sold 6,400 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $23.74, for a total value of $151,936.00. Following the sale, the executive vice president now directly owns 95,341 shares in the company, valued at $2,263,395.34. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 47,044 shares of company stock valued at $1,163,803 over the last three months. Company insiders own 1.30% of the company’s stock.

TTM Technologies Stock Up 1.0 %

TTMI opened at $25.74 on Friday. TTM Technologies, Inc. has a one year low of $13.43 and a one year high of $28.00. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.70 and a current ratio of 2.00. The stock’s fifty day moving average is $22.46 and its 200-day moving average is $20.29. The company has a market capitalization of $2.62 billion, a PE ratio of 39.00 and a beta of 1.21.

Analysts Set New Price Targets

Separately, Needham & Company LLC reaffirmed a “buy” rating and set a $30.00 target price (up previously from $26.00) on shares of TTM Technologies in a research note on Monday, December 9th.

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.