FormFactor, Inc. (NASDAQ:FORM) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lessened its stake in FormFactor, Inc. (NASDAQ:FORM) by 7.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 157,786 shares of the semiconductor company’s stock after selling 12,692 shares during the period. Natixis Advisors LLC owned about 0.20% of FormFactor worth $7,258,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. MQS Management LLC increased its holdings in FormFactor by 33.4% in the 3rd quarter. MQS Management LLC now owns 4,812 shares of the semiconductor company’s stock valued at $221,000 after purchasing an additional 1,205 shares during the last quarter. GSA Capital Partners LLP increased its holdings in FormFactor by 1,062.8% in the 3rd quarter. GSA Capital Partners LLP now owns 52,629 shares of the semiconductor company’s stock valued at $2,421,000 after purchasing an additional 48,103 shares during the last quarter. Versor Investments LP acquired a new stake in FormFactor in the 3rd quarter valued at approximately $598,000. Los Angeles Capital Management LLC increased its holdings in FormFactor by 31.3% in the 3rd quarter. Los Angeles Capital Management LLC now owns 39,306 shares of the semiconductor company’s stock valued at $1,808,000 after purchasing an additional 9,381 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D increased its holdings in FormFactor by 21.5% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 39,967 shares of the semiconductor company’s stock valued at $1,838,000 after purchasing an additional 7,061 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Insider Transactions at FormFactor

In related news, CEO Mike Slessor sold 4,000 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $45.28, for a total value of $181,120.00. Following the completion of the sale, the chief executive officer now directly owns 530,276 shares of the company’s stock, valued at $24,010,897.28. The trade was a 0.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.96% of the company’s stock.

Analyst Ratings Changes

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

FormFactor Price Performance

FormFactor stock opened at $40.64 on Friday. The stock has a market cap of $3.15 billion, a P/E ratio of 23.36 and a beta of 1.12. The company has a fifty day simple moving average of $43.27 and a 200-day simple moving average of $50.08. FormFactor, Inc. has a 12-month low of $36.11 and a 12-month high of $63.63. The company has a current ratio of 4.76, a quick ratio of 3.94 and a debt-to-equity ratio of 0.01.

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.