Dynamic Technology Lab Private Ltd Makes New $644,000 Investment in FormFactor, Inc. (NASDAQ:FORM)

Dynamic Technology Lab Private Ltd bought a new stake in FormFactor, Inc. (NASDAQ:FORM - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,428 shares of the semiconductor company's stock, valued at approximately $644,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in shares of FormFactor in the fourth quarter valued at $55,000. Quadrant Capital Group LLC increased its position in FormFactor by 19.5% in the fourth quarter. Quadrant Capital Group LLC now owns 1,590 shares of the semiconductor company's stock worth $66,000 after purchasing an additional 260 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in FormFactor in the third quarter worth about $70,000. Mackenzie Financial Corp acquired a new stake in FormFactor in the fourth quarter worth about $202,000. Finally, Ausbil Investment Management Ltd acquired a new stake in FormFactor in the fourth quarter worth about $208,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on the company. Craig Hallum lifted their price objective on FormFactor from $50.00 to $60.00 and gave the stock a "buy" rating in a research report on Thursday, May 2nd. Evercore ISI assumed coverage on FormFactor in a research report on Tuesday, April 16th. They issued an "in-line" rating and a $50.00 price objective for the company. B. Riley lifted their price objective on FormFactor from $54.00 to $65.00 and gave the stock a "buy" rating in a research report on Friday, May 17th. Citigroup boosted their target price on FormFactor from $37.00 to $46.00 and gave the stock a "neutral" rating in a research report on Thursday, May 2nd. Finally, StockNews.com lowered FormFactor from a "buy" rating to a "hold" rating in a research report on Friday, April 19th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, FormFactor has an average rating of "Hold" and a consensus price target of $48.40.

Insider Buying and Selling at FormFactor

In other FormFactor news, Director Brian C. White sold 3,290 shares of the business's stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $57.00, for a total value of $187,530.00. Following the sale, the director now owns 11,828 shares in the company, valued at approximately $674,196. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other FormFactor news, Director Brian C. White sold 3,290 shares of the business's stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $57.00, for a total transaction of $187,530.00. Following the transaction, the director now owns 11,828 shares of the company's stock, valued at approximately $674,196. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mike Slessor sold 4,000 shares of the business's stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $43.38, for a total value of $173,520.00. Following the transaction, the chief executive officer now directly owns 499,781 shares in the company, valued at approximately $21,680,499.78. The disclosure for this sale can be found here. In the last quarter, insiders have sold 46,703 shares of company stock worth $2,363,442. Corporate insiders own 0.96% of the company's stock.

FormFactor Stock Down 0.4 %

Shares of NASDAQ:FORM traded down $0.26 during trading on Friday, hitting $58.40. 349,246 shares of the company's stock traded hands, compared to its average volume of 497,311. FormFactor, Inc. has a 52 week low of $29.50 and a 52 week high of $60.78. The company has a current ratio of 4.51, a quick ratio of 3.67 and a debt-to-equity ratio of 0.01. The company has a market cap of $4.51 billion, a price-to-earnings ratio of 44.24 and a beta of 1.15. The company has a 50-day moving average price of $48.21 and a 200-day moving average price of $43.00.

FormFactor (NASDAQ:FORM - Get Free Report) last released its quarterly earnings data on Wednesday, May 1st. The semiconductor company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.04). FormFactor had a net margin of 15.48% and a return on equity of 2.29%. The business had revenue of $168.73 million for the quarter, compared to the consensus estimate of $165.45 million. As a group, research analysts forecast that FormFactor, Inc. will post 0.7 EPS for the current fiscal year.

FormFactor Company Profile

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.