Su Sih (bvi) Ltd. Picked Up Ttm Technologies Inc. (NASDAQ:TTMI) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Ttm Technologies Inc. (NASDAQ:TTMI) reported that Su Sih (bvi) Ltd. has picked up 8,141,680 of common stock as of 2017-03-01.

The acquisition brings the aggregate amount owned by Su Sih (bvi) Ltd. to a total of 8,141,680 representing a 8.1% stake in the company.

For those not familiar with the company, TTM Technologies, Inc. is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). The Company operates approximately 30 specialized facilities in the United States, the People’s Republic of China (China), Canada and Mexico. The Company’s operating segments include PCB, which consists of approximately 15 domestic PCB fabrication plants, including a facility that provides follow-on value-added services primarily for one of the PCB fabrication plants; over eight PCB fabrication plants in China and one in Canada, and E-M Solutions, which consists of approximately four custom electronic assembly plants; over three in China and one in Mexico. It serves a range of customer base, including manufacturers of networking/communications infrastructure products, smartphones and touchscreen tablets, as well as the aerospace and defense, computing and industrial/medical industries.

A glance at Ttm Technologies Inc. (NASDAQ:TTMI)’s key stats reveals a current market capitalization of 1.63 billion based on 100.41 million shares outstanding and a price at last close of $16.26 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2010-08-31, Richards picked up 2,500 at a purchase price of $8.36. This brings their total holding to 81,549 as of the date of the filing.

On the sell side, the most recent transaction saw Tang unload 4,000,000 shares at a sale price of $15.70. This brings their total holding to 8,141,680.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Ttm Technologies Inc. (NASDAQ:TTMI) as things move forward to see if its progress aligns with these transactions.

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