13,000 Shares in FormFactor, Inc. (NASDAQ:FORM) Bought by Versor Investments LP

Versor Investments LP acquired a new position in FormFactor, Inc. (NASDAQ:FORM - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 13,000 shares of the semiconductor company's stock, valued at approximately $598,000.

Other large investors also recently bought and sold shares of the company. Innealta Capital LLC acquired a new stake in shares of FormFactor in the second quarter worth approximately $38,000. Redwood Wealth Management Group LLC acquired a new stake in shares of FormFactor in the second quarter valued at about $43,000. LRI Investments LLC purchased a new position in shares of FormFactor in the first quarter worth about $70,000. Covestor Ltd boosted its position in FormFactor by 3,951.3% during the first quarter. Covestor Ltd now owns 1,580 shares of the semiconductor company's stock worth $72,000 after acquiring an additional 1,541 shares during the last quarter. Finally, CWM LLC grew its stake in FormFactor by 25.5% during the 2nd quarter. CWM LLC now owns 1,823 shares of the semiconductor company's stock valued at $110,000 after acquiring an additional 370 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

FormFactor Trading Down 0.8 %

NASDAQ:FORM traded down $0.31 on Thursday, reaching $39.69. 874,924 shares of the company's stock were exchanged, compared to its average volume of 588,133. FormFactor, Inc. has a 52-week low of $36.11 and a 52-week high of $63.63. The business has a fifty day moving average of $43.63 and a 200-day moving average of $50.41. The company has a quick ratio of 3.94, a current ratio of 4.76 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 22.81 and a beta of 1.12.

Wall Street Analyst Weigh In

A number of research firms have weighed in on FORM. TD Cowen decreased their target price on shares of FormFactor from $60.00 to $44.00 and set a "hold" rating on the stock in a research note on Thursday, October 31st. Needham & Company LLC lowered their price objective on FormFactor from $60.00 to $52.00 and set a "buy" rating on the stock in a research note on Thursday, October 31st. DA Davidson lifted their price target on FormFactor from $55.00 to $62.00 and gave the stock a "buy" rating in a report on Thursday, August 1st. Finally, StockNews.com cut FormFactor from a "buy" rating to a "hold" rating in a report on Tuesday, August 27th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, FormFactor presently has a consensus rating of "Hold" and a consensus price target of $55.38.

Insider Activity at FormFactor

In other news, CEO Mike Slessor sold 4,000 shares of the company's stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $46.31, for a total transaction of $185,240.00. Following the completion of the transaction, the chief executive officer now directly owns 534,276 shares of the company's stock, valued at approximately $24,742,321.56. This represents a 0.74 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.96% of the stock is currently owned by company insiders.

FormFactor 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.