FormFactor, Inc. (NASDAQ:FORM) Shares Acquired by Mirador Capital Partners LP

Mirador Capital Partners LP grew its position in FormFactor, Inc. (NASDAQ:FORM) by 0.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 110,776 shares of the semiconductor company’s stock after acquiring an additional 739 shares during the quarter. Mirador Capital Partners LP’s holdings in FormFactor were worth $4,874,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Advisors Asset Management Inc. raised its holdings in shares of FormFactor by 99.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 620 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 309 shares during the period. Quarry LP raised its holdings in shares of FormFactor by 131.7% during the 3rd quarter. Quarry LP now owns 920 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 523 shares during the period. CWM LLC raised its holdings in shares of FormFactor by 57.3% during the 3rd quarter. CWM LLC now owns 2,867 shares of the semiconductor company’s stock valued at $132,000 after buying an additional 1,044 shares during the period. GAMMA Investing LLC raised its holdings in shares of FormFactor by 49.6% during the 3rd quarter. GAMMA Investing LLC now owns 3,389 shares of the semiconductor company’s stock valued at $156,000 after buying an additional 1,123 shares during the period. Finally, US Bancorp DE raised its holdings in shares of FormFactor by 55.9% during the 3rd quarter. US Bancorp DE now owns 3,401 shares of the semiconductor company’s stock valued at $156,000 after buying an additional 1,219 shares during the period. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FORM has been the topic of several analyst reports. TD Cowen dropped their target price on FormFactor from $60.00 to $44.00 and set a “hold” rating on the stock in a report on Thursday, October 31st. Citigroup upgraded FormFactor from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $44.00 to $51.00 in a report on Monday, January 6th. Finally, Needham & Company LLC downgraded FormFactor from a “buy” rating to a “hold” rating in a report on Monday. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, FormFactor has a consensus rating of “Hold” and an average target price of $56.00.

FormFactor Stock Up 2.3 %

FORM opened at $44.19 on Thursday. FormFactor, Inc. has a one year low of $37.25 and a one year high of $63.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.94 and a current ratio of 4.76. The stock’s fifty day moving average is $42.73 and its 200-day moving average is $46.36. The company has a market capitalization of $3.42 billion, a PE ratio of 25.40 and a beta of 1.08.

Insider Transactions at FormFactor

In other news, CEO Mike Slessor sold 4,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $40.59, for a total transaction of $162,360.00. Following the sale, the chief executive officer now directly owns 526,531 shares of the company’s stock, valued at $21,371,893.29. The trade was a 0.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.96% of the stock is owned by insiders.

About FormFactor

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.