Segall Bryant & Hamill LLC Has $4.71 Million Stock Position in TTM Technologies, Inc. (NASDAQ:TTMI)

Segall Bryant & Hamill LLC lifted its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 190,357 shares of the technology company’s stock after purchasing an additional 5,174 shares during the period. Segall Bryant & Hamill LLC’s holdings in TTM Technologies were worth $4,711,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. USA Financial Formulas bought a new stake in TTM Technologies during the fourth quarter worth approximately $25,000. Quarry LP bought a new stake in shares of TTM Technologies during the 3rd quarter worth $34,000. Smartleaf Asset Management LLC grew its stake in TTM Technologies by 670.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,402 shares of the technology company’s stock valued at $35,000 after buying an additional 1,220 shares during the last quarter. GAMMA Investing LLC raised its holdings in TTM Technologies by 27.7% in the 4th quarter. GAMMA Investing LLC now owns 2,041 shares of the technology company’s stock worth $51,000 after acquiring an additional 443 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in TTM Technologies during the 4th quarter worth $83,000. 95.79% of the stock is currently owned by institutional investors.

TTM Technologies Stock Performance

NASDAQ:TTMI opened at $21.54 on Friday. The firm’s 50-day moving average is $24.21 and its 200-day moving average is $22.92. The company has a market cap of $2.19 billion, a price-to-earnings ratio of 39.89 and a beta of 1.19. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.71 and a current ratio of 1.99. TTM Technologies, Inc. has a 52-week low of $13.43 and a 52-week high of $30.41.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results 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%. Equities research analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on TTMI shares. Stifel Nicolaus started coverage on TTM Technologies in a research report on Tuesday, February 11th. They issued a “buy” rating and a $33.00 price target on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $33.00 target price on shares of TTM Technologies in a report on Friday, March 21st.

Insider Activity at TTM Technologies

In related news, SVP Dale Martin Knecht sold 3,848 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $26.01, for a total value of $100,086.48. Following the completion of the transaction, the senior vice president now owns 86,346 shares of the company’s stock, valued at $2,245,859.46. This represents a 4.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Philip Titterton sold 24,792 shares of TTM Technologies stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $25.56, for a total value of $633,683.52. Following the sale, the chief operating officer now directly owns 157,528 shares in the company, valued at $4,026,415.68. The trade was a 13.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 50,817 shares of company stock worth $1,316,006. 1.30% of the stock is owned by corporate insiders.

About TTM Technologies

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.