GSA Capital Partners LLP Raises Holdings in FormFactor, Inc. (NASDAQ:FORM)

GSA Capital Partners LLP increased its position in FormFactor, Inc. (NASDAQ:FORM - Free Report) by 1,062.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,629 shares of the semiconductor company's stock after purchasing an additional 48,103 shares during the period. GSA Capital Partners LLP owned 0.07% of FormFactor worth $2,421,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in FormFactor by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 9,622,484 shares of the semiconductor company's stock valued at $439,074,000 after purchasing an additional 154,361 shares during the last quarter. Earnest Partners LLC raised its holdings in FormFactor by 0.6% in the 1st quarter. Earnest Partners LLC now owns 6,091,217 shares of the semiconductor company's stock worth $277,942,000 after acquiring an additional 37,781 shares during the last quarter. Hood River Capital Management LLC boosted its stake in FormFactor by 7.2% during the 1st quarter. Hood River Capital Management LLC now owns 2,079,052 shares of the semiconductor company's stock valued at $94,867,000 after purchasing an additional 140,223 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of FormFactor by 91.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,282,611 shares of the semiconductor company's stock worth $77,636,000 after purchasing an additional 612,838 shares in the last quarter. Finally, Emerald Advisers LLC lifted its holdings in shares of FormFactor by 10.3% during the third quarter. Emerald Advisers LLC now owns 604,724 shares of the semiconductor company's stock valued at $27,817,000 after purchasing an additional 56,316 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

FormFactor Price Performance

FORM traded up $0.27 during trading on Tuesday, hitting $42.23. 238,280 shares of the company traded hands, compared to its average volume of 582,442. The company has a current ratio of 4.76, a quick ratio of 3.94 and a debt-to-equity ratio of 0.01. The company has a market cap of $3.27 billion, a PE ratio of 24.11 and a beta of 1.12. FormFactor, Inc. has a 1 year low of $36.11 and a 1 year high of $63.63. The stock's 50-day simple moving average is $43.85 and its two-hundred day simple moving average is $50.57.

Wall Street Analyst Weigh In

FORM has been the topic of a number of research analyst reports. TD Cowen lowered their price objective on shares of FormFactor from $60.00 to $44.00 and set a "hold" rating on the stock in a research report on Thursday, October 31st. DA Davidson increased their price target on shares of FormFactor from $55.00 to $62.00 and gave the stock a "buy" rating in a research report on Thursday, August 1st. Needham & Company LLC cut their price objective on shares of FormFactor from $60.00 to $52.00 and set a "buy" rating for the company in a research report on Thursday, October 31st. Stifel Nicolaus boosted their price target on FormFactor from $50.00 to $55.00 and gave the company a "hold" rating in a report on Tuesday, July 16th. Finally, StockNews.com downgraded FormFactor from a "buy" rating to a "hold" rating in a research note on Tuesday, August 27th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $55.38.

Insider Buying and Selling at FormFactor

In other news, CEO Mike Slessor sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $45.28, for a total transaction of $181,120.00. Following the transaction, the chief executive officer now owns 530,276 shares of the company's stock, valued at approximately $24,010,897.28. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.96% of the stock is currently owned by company 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.