Jon Pereira Sells 2,195 Shares of TTM Technologies, Inc. (TTMI) Stock

TTM Technologies, Inc. (NASDAQ:TTMI) insider Jon Pereira sold 2,195 shares of the firm’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $12.03, for a total transaction of $26,405.85. Following the transaction, the insider now directly owns 18,643 shares of the company’s stock, valued at $224,275.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Jon Pereira also recently made the following trade(s):

  • On Monday, March 4th, Jon Pereira sold 5,657 shares of TTM Technologies stock. The shares were sold at an average price of $12.01, for a total transaction of $67,940.57.

Shares of TTM Technologies stock traded up $0.32 during trading on Wednesday, hitting $13.33. The stock had a trading volume of 32,879 shares, compared to its average volume of 787,663. The firm has a market capitalization of $1.32 billion, a PE ratio of 9.70 and a beta of 2.26. The company has a current ratio of 1.79, a quick ratio of 1.63 and a debt-to-equity ratio of 1.19. TTM Technologies, Inc. has a 12 month low of $8.97 and a 12 month high of $19.91.

TTM Technologies (NASDAQ:TTMI) last released its earnings results on Wednesday, February 6th. The technology company reported $0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.05. The firm had revenue of $711.00 million during the quarter, compared to analyst estimates of $710.84 million. TTM Technologies had a net margin of 6.10% and a return on equity of 15.10%. The business’s revenue was down 3.8% on a year-over-year basis. During the same quarter last year, the business earned $0.57 EPS. As a group, sell-side analysts predict that TTM Technologies, Inc. will post 0.53 earnings per share for the current fiscal year.

Several equities analysts have commented on TTMI shares. ValuEngine lowered shares of TTM Technologies from a “sell” rating to a “strong sell” rating in a research report on Tuesday, February 19th. BidaskClub upgraded shares of TTM Technologies from a “sell” rating to a “hold” rating in a report on Saturday, January 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $20.67.

A number of hedge funds have recently bought and sold shares of TTMI. Oregon Public Employees Retirement Fund purchased a new position in TTM Technologies during the 4th quarter valued at about $35,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in TTM Technologies by 39.3% during the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 10,091 shares of the technology company’s stock valued at $91,000 after purchasing an additional 2,849 shares during the period. Miles Capital Inc. purchased a new position in TTM Technologies during the 4th quarter valued at about $101,000. Cipher Capital LP purchased a new position in TTM Technologies during the 4th quarter valued at about $112,000. Finally, CIBC Asset Management Inc purchased a new position in TTM Technologies during the 4th quarter valued at about $120,000.

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TTM Technologies Company 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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Insider Buying and Selling by Quarter for TTM Technologies (NASDAQ:TTMI)

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