FormFactor, Inc. (FORM) Holdings Raised by Royce & Associates LP

Royce & Associates LP boosted its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 25.5% in the second quarter, HoldingsChannel.com reports. The firm owned 1,351,918 shares of the semiconductor company’s stock after acquiring an additional 274,688 shares during the period. Royce & Associates LP’s holdings in FormFactor were worth $17,981,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the business. Northern Trust Corp boosted its position in shares of FormFactor by 0.7% in the first quarter. Northern Trust Corp now owns 1,101,564 shares of the semiconductor company’s stock valued at $15,037,000 after acquiring an additional 7,144 shares during the period. SG Americas Securities LLC bought a new stake in shares of FormFactor in the first quarter valued at approximately $113,000. Meadow Creek Investment Management LLC bought a new stake in shares of FormFactor in the first quarter valued at approximately $117,000. BNP Paribas Arbitrage SA boosted its position in shares of FormFactor by 62.4% in the first quarter. BNP Paribas Arbitrage SA now owns 24,259 shares of the semiconductor company’s stock valued at $331,000 after acquiring an additional 9,324 shares during the period. Finally, Trexquant Investment LP boosted its position in shares of FormFactor by 29.0% in the first quarter. Trexquant Investment LP now owns 43,672 shares of the semiconductor company’s stock valued at $596,000 after acquiring an additional 9,815 shares during the period. 93.58% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ FORM opened at $14.00 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.94 and a quick ratio of 2.25. The firm has a market capitalization of $1.03 billion, a P/E ratio of 14.00, a PEG ratio of 1.20 and a beta of 1.40. FormFactor, Inc. has a one year low of $11.10 and a one year high of $18.65.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, August 1st. The semiconductor company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $135.51 million during the quarter, compared to analyst estimates of $134.87 million. FormFactor had a return on equity of 12.77% and a net margin of 5.55%. FormFactor’s revenue was down 5.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 earnings per share. equities analysts anticipate that FormFactor, Inc. will post 0.73 EPS for the current year.

In other FormFactor news, Director Raymond A. Link sold 4,500 shares of the stock in a transaction on Wednesday, May 30th. The stock was sold at an average price of $13.35, for a total transaction of $60,075.00. Following the completion of the transaction, the director now directly owns 45,102 shares in the company, valued at $602,111.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Richard Delateur sold 6,000 shares of the stock in a transaction on Tuesday, August 14th. The stock was sold at an average price of $14.07, for a total value of $84,420.00. Following the transaction, the director now owns 13,000 shares of the company’s stock, valued at $182,910. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

FORM has been the subject of a number of recent research reports. BidaskClub lowered FormFactor from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 8th. TheStreet upgraded FormFactor from a “c+” rating to a “b” rating in a research note on Thursday, August 2nd. Citigroup cut their target price on FormFactor from $14.00 to $13.50 and set a “neutral” rating for the company in a research note on Friday, May 4th. ValuEngine upgraded FormFactor from a “sell” rating to a “hold” rating in a research note on Thursday, May 3rd. Finally, Zacks Investment Research upgraded FormFactor from a “sell” rating to a “hold” rating in a research note on Tuesday, August 7th. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. FormFactor presently has an average rating of “Buy” and a consensus target price of $17.90.

About FormFactor

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, and reliability test systems. The company offers probe cards that are used to test various semiconductor device types, including system on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies.

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Institutional Ownership by Quarter for FormFactor (NASDAQ:FORM)

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