71,442 Shares in TTM Technologies, Inc. (NASDAQ:TTMI) Purchased by D Orazio & Associates Inc.

D Orazio & Associates Inc. bought a new position in TTM Technologies, Inc. (NASDAQ:TTMI) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 71,442 shares of the technology company’s stock, valued at approximately $1,768,000. D Orazio & Associates Inc. owned about 0.07% of TTM Technologies as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of TTMI. The Manufacturers Life Insurance Company lifted its stake in TTM Technologies by 12.4% during the second quarter. The Manufacturers Life Insurance Company now owns 54,986 shares of the technology company’s stock worth $1,068,000 after purchasing an additional 6,052 shares during the last quarter. Creative Planning purchased a new position in shares of TTM Technologies in the second quarter worth $330,000. Sanctuary Advisors LLC bought a new stake in TTM Technologies during the 2nd quarter valued at $543,000. GAMMA Investing LLC grew its holdings in TTM Technologies by 67.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,598 shares of the technology company’s stock worth $29,000 after acquiring an additional 642 shares during the last quarter. Finally, Diversified Trust Co raised its position in TTM Technologies by 2.6% during the 3rd quarter. Diversified Trust Co now owns 25,043 shares of the technology company’s stock valued at $457,000 after purchasing an additional 644 shares during the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

TTM Technologies Price Performance

TTMI opened at $25.75 on Friday. TTM Technologies, Inc. has a 12-month low of $13.43 and a 12-month high of $30.41. The stock has a fifty day simple moving average of $25.12 and a two-hundred day simple moving average of $21.85. The company has a market cap of $2.63 billion, a price-to-earnings ratio of 47.69 and a beta of 1.19. The company has a current ratio of 1.99, a quick ratio of 1.70 and a debt-to-equity ratio of 0.58.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.05. TTM Technologies had a return on equity of 9.74% and a net margin of 2.30%. Research analysts predict that TTM Technologies, Inc. will post 1.74 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Needham & Company LLC upped their price objective on shares of TTM Technologies from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Thursday.

Insiders Place Their Bets

In related news, EVP Shawn A. Powers sold 6,400 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $23.74, for a total value of $151,936.00. Following the sale, the executive vice president now owns 95,341 shares in the company, valued at approximately $2,263,395.34. This trade represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jeff Jankowsky sold 5,000 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $24.23, for a total transaction of $121,150.00. Following the sale, the insider now owns 55,273 shares of the company’s stock, valued at approximately $1,339,264.79. This represents a 8.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 42,261 shares of company stock valued at $1,043,417. Insiders own 1.30% of the company’s stock.

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.