Mirador Capital Partners LP Has $3.40 Million Stock Holdings in FormFactor, Inc. (NASDAQ:FORM)

Mirador Capital Partners LP lifted its stake in FormFactor, Inc. (NASDAQ:FORM - Free Report) by 8.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 120,270 shares of the semiconductor company's stock after acquiring an additional 9,494 shares during the period. Mirador Capital Partners LP owned 0.16% of FormFactor worth $3,402,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Barclays PLC lifted its stake in FormFactor by 351.9% during the third quarter. Barclays PLC now owns 145,492 shares of the semiconductor company's stock valued at $6,692,000 after purchasing an additional 113,296 shares during the last quarter. IFP Advisors Inc lifted its stake in FormFactor by 4,732.4% during the fourth quarter. IFP Advisors Inc now owns 1,643 shares of the semiconductor company's stock valued at $72,000 after purchasing an additional 1,609 shares during the last quarter. Swiss National Bank lifted its stake in FormFactor by 0.9% during the fourth quarter. Swiss National Bank now owns 152,200 shares of the semiconductor company's stock valued at $6,697,000 after purchasing an additional 1,400 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in FormFactor by 3.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 920,441 shares of the semiconductor company's stock valued at $40,499,000 after purchasing an additional 34,338 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in FormFactor by 22.4% during the fourth quarter. Sanctuary Advisors LLC now owns 18,225 shares of the semiconductor company's stock valued at $802,000 after purchasing an additional 3,333 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Dennis Thomas St sold 3,000 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $31.24, for a total value of $93,720.00. Following the completion of the sale, the director now directly owns 40,957 shares in the company, valued at approximately $1,279,496.68. The trade was a 6.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Mike Slessor sold 4,000 shares of the company's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $31.72, for a total value of $126,880.00. Following the transaction, the chief executive officer now owns 510,650 shares of the company's stock, valued at approximately $16,197,818. This trade represents a 0.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,000 shares of company stock worth $333,560 in the last three months. 0.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on FORM shares. B. Riley upped their price target on shares of FormFactor from $26.00 to $32.00 and gave the company a "neutral" rating in a research report on Thursday, May 1st. Needham & Company LLC reissued a "hold" rating on shares of FormFactor in a research note on Thursday, May 1st. DA Davidson decreased their target price on FormFactor from $50.00 to $45.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Evercore ISI lowered their price target on FormFactor from $43.00 to $33.00 and set an "in-line" rating on the stock in a report on Thursday, May 1st. Finally, Stifel Nicolaus dropped their price target on FormFactor from $48.00 to $42.00 and set a "hold" rating on the stock in a research report on Thursday, February 6th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, FormFactor presently has an average rating of "Hold" and an average price target of $42.71.

FormFactor Stock Up 1.3%

NASDAQ FORM traded up $0.43 during trading on Thursday, reaching $32.65. 225,561 shares of the company's stock were exchanged, compared to its average volume of 772,409. FormFactor, Inc. has a fifty-two week low of $22.58 and a fifty-two week high of $63.63. The firm has a market capitalization of $2.52 billion, a PE ratio of 36.69 and a beta of 1.14. The company has a current ratio of 4.61, a quick ratio of 3.83 and a debt-to-equity ratio of 0.01. The company's fifty day simple moving average is $28.84 and its 200-day simple moving average is $35.53.

FormFactor (NASDAQ:FORM - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.04. The business had revenue of $171.36 million during the quarter, compared to analyst estimates of $170.03 million. FormFactor had a return on equity of 5.93% and a net margin of 9.12%. The firm's revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.18 EPS. Sell-side analysts predict that FormFactor, Inc. will post 0.9 EPS for the current 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.