TTM Technologies Inc’s recently made public that its President, AMI&I Business Unit Sandeen Anthony Joseph unloaded Company’s shares for reported $0.42 million on May 06 ’24. In the deal valued at $17.53 per share,23,683 shares were sold. As a result of this transaction, Sandeen Anthony Joseph now holds 28,056 shares worth roughly $0.49 million.
Then, Farrell Robert P. sold 459 shares, generating $7,174 in total proceeds. Upon selling the shares at $15.63, the President C&C now owns 20,038 shares.
Before that, Clapprood Tom sold 3,500 shares. TTM Technologies Inc shares valued at $57,671 were divested by the President A&D Radar Systems at a price of $16.48 per share. As a result of the transaction, Clapprood Tom now holds 52,264 shares, worth roughly $0.92 million.
Stifel upgraded its TTM Technologies Inc [TTMI] rating to a Buy from a a Hold in a research note published on May 02, 2024; the price target was increased to $19 from $15. A number of analysts have revised their coverage, including Truist’s analysts, who increased its forecast for the stock in early November from “a Hold” to “a Buy”. Stifel also remained covering TTMI and has decreased its forecast on January 26, 2023 with a “Hold” recommendation from previously “Buy” rating. Truist revised its rating on February 10, 2022. It rated TTMI as “a Hold” which previously was an “a Buy”.
Price Performance Review of TTMI
On Tuesday, TTM Technologies Inc [NASDAQ:TTMI] saw its stock jump 0.46% to $17.59. Over the last five days, the stock has gained 17.82%. TTM Technologies Inc shares have risen nearly 11.26% since the year began. Nevertheless, the stocks have risen 50.99% over the past one year. While a 52-week high of $17.74 was reached on 05/07/24, a 52-week low of $11.14 was recorded on 05/01/24. SMA at 50 days reached $14.89, while 200 days put it at $14.36. A total of 0.78 million shares were traded, compared to the trading of 1.14 million shares in the previous session.
Levels Of Support And Resistance For TTMI Stock
The 24-hour chart illustrates a support level at 17.41, which if violated will result in even more drops to 17.22. On the upside, there is a resistance level at 17.87. A further resistance level may holdings at 18.14. The Relative Strength Index (RSI) on the 14-day chart is 78.15, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.08, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.17%. Stochastics %K at 95.41% indicates the stock is a selling.
The most recent change occurred on September 29, 2020 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.
