JPMorgan Chase & Co. Purchases 169,004 Shares of TTM Technologies, Inc. (NASDAQ:TTMI)

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JPMorgan Chase & Co. raised its holdings in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 20.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 977,154 shares of the technology company’s stock after acquiring an additional 169,004 shares during [...]

JPMorgan Chase & Co. raised its holdings in TTM Technologies, Inc. (NASDAQ:TTMI – Free Report) by 20.

9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 977,154 shares of the technology company’s stock after acquiring an additional 169,004 shares during the period. JPMorgan Chase & Co.



owned about 0.96% of TTM Technologies worth $24,185,000 at the end of the most recent quarter. A number of other institutional investors have also added to or reduced their stakes in the stock.

FMR LLC boosted its stake in shares of TTM Technologies by 67.0% in the 3rd quarter. FMR LLC now owns 14,338 shares of the technology company’s stock valued at $262,000 after purchasing an additional 5,750 shares during the last quarter.

Quarry LP bought a new stake in shares of TTM Technologies during the third quarter worth about $34,000. Wellington Management Group LLP raised its stake in shares of TTM Technologies by 1.3% in the third quarter.

Wellington Management Group LLP now owns 1,394,661 shares of the technology company’s stock worth $25,453,000 after purchasing an additional 18,027 shares during the last quarter. Jane Street Group LLC lifted its stake in TTM Technologies by 75.6% during the 3rd quarter.

Jane Street Group LLC now owns 231,208 shares of the technology company’s stock valued at $4,220,000 after acquiring an additional 99,512 shares in the last quarter. Finally, MML Investors Services LLC bought a new position in shares of TTM Technologies during the third quarter valued at about $259,000. 95.

79% of the stock is currently owned by institutional investors and hedge funds. TTM Technologies Price PerformanceShares of TTMI opened at $19.84 on Thursday.

The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.71 and a current ratio of 1.

99. The stock has a market cap of $2.02 billion, a PE ratio of 36.

74 and a beta of 1.17. The firm’s 50-day simple moving average is $22.

93 and its two-hundred day simple moving average is $23.02. TTM Technologies, Inc.

has a fifty-two week low of $13.43 and a fifty-two week high of $30.41.

TTM Technologies (NASDAQ:TTMI – Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.

47 by $0.05. TTM Technologies had a return on equity of 9.

74% and a net margin of 2.30%. Analysts anticipate that TTM Technologies, Inc.

will post 1.76 earnings per share for the current fiscal year. Insider ActivityIn other TTM Technologies news, COO Philip Titterton sold 24,792 shares of the company’s stock in a transaction dated Wednesday, February 12th.

The shares were sold at an average price of $25.56, for a total value of $633,683.52.

Following the transaction, the chief operating officer now directly owns 157,528 shares in the company, valued at $4,026,415.68. This represents a 13.

60 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Daniel J.

Weber sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $26.34, for a total transaction of $395,100.

00. Following the completion of the transaction, the executive vice president now directly owns 95,153 shares of the company’s stock, valued at $2,506,330.02.

This trade represents a 13.62 % decrease in their position. The disclosure for this sale can be found here.

Insiders sold a total of 50,817 shares of company stock worth $1,316,006 over the last 90 days. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast GrowthSeveral equities research analysts have recently issued reports on the stock. Needham & Company LLC restated a “buy” rating and set a $33.00 price target on shares of TTM Technologies in a research note on Friday, March 21st.

Stifel Nicolaus assumed coverage on shares of TTM Technologies in a report on Tuesday, February 11th. They set a “buy” rating and a $33.00 target price on the stock.

View Our Latest Research Report on TTM TechnologiesAbout TTM Technologies (Free Report)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.

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(NASDAQ:TTMI – Free Report)..