10,769 Shares in TTM Technologies, Inc. (NASDAQ:TTMI) Bought by Virtu Financial LLC

Virtu Financial LLC bought a new position in TTM Technologies, Inc. (NASDAQ:TTMI) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 10,769 shares of the technology company’s stock, valued at approximately $197,000.

A number of other hedge funds also recently added to or reduced their stakes in TTMI. Geode Capital Management LLC increased its holdings in shares of TTM Technologies by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,437,400 shares of the technology company’s stock worth $44,491,000 after acquiring an additional 30,738 shares during the period. Barclays PLC increased its stake in shares of TTM Technologies by 59.8% in the third quarter. Barclays PLC now owns 407,524 shares of the technology company’s stock valued at $7,437,000 after purchasing an additional 152,456 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in shares of TTM Technologies during the third quarter valued at approximately $218,000. MML Investors Services LLC acquired a new position in shares of TTM Technologies during the third quarter worth approximately $259,000. Finally, Jane Street Group LLC grew its holdings in TTM Technologies by 75.6% in the 3rd quarter. Jane Street Group LLC now owns 231,208 shares of the technology company’s stock worth $4,220,000 after buying an additional 99,512 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling at TTM Technologies

In related news, EVP Douglas L. Soder sold 5,985 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $25.00, for a total value of $149,625.00. Following the sale, the executive vice president now directly owns 179,493 shares in the company, valued at $4,487,325. The trade was a 3.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Catherine A. Gridley sold 5,000 shares of the firm’s stock in a transaction that occurred 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 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 disclosure for this sale can be found here. In the last ninety days, insiders sold 47,044 shares of company stock valued at $1,163,803. 1.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

TTM Technologies Trading Down 4.9 %

TTM Technologies stock opened at $24.96 on Thursday. TTM Technologies, Inc. has a 12-month low of $13.43 and a 12-month high of $28.00. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.00 and a quick ratio of 1.70. The stock has a market capitalization of $2.55 billion, a PE ratio of 37.82 and a beta of 1.21. The firm has a 50 day simple moving average of $22.91 and a 200-day simple moving average of $20.46.

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.