FormFactor, Inc. (NASDAQ:FORM) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC reduced its holdings in FormFactor, Inc. (NASDAQ:FORM - Free Report) by 16.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,714 shares of the semiconductor company's stock after selling 18,820 shares during the quarter. Fisher Asset Management LLC owned 0.12% of FormFactor worth $3,867,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC acquired a new stake in shares of FormFactor in the fourth quarter valued at $55,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of FormFactor during the 3rd quarter valued at about $70,000. Mackenzie Financial Corp acquired a new position in shares of FormFactor in the 4th quarter worth approximately $202,000. Ausbil Investment Management Ltd bought a new stake in shares of FormFactor in the 4th quarter worth approximately $208,000. Finally, NJ State Employees Deferred Compensation Plan acquired a new stake in shares of FormFactor during the 4th quarter valued at $209,000. Institutional investors and hedge funds own 98.76% of the company's stock.

Insider Buying and Selling

In other FormFactor news, CFO Shai Shahar sold 10,000 shares of FormFactor stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $42.12, for a total value of $421,200.00. Following the completion of the sale, the chief financial officer now directly owns 67,141 shares in the company, valued at $2,827,978.92. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other FormFactor news, CFO Shai Shahar sold 10,000 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $42.12, for a total value of $421,200.00. Following the transaction, the chief financial officer now owns 67,141 shares in the company, valued at $2,827,978.92. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Mike Slessor sold 4,000 shares of the firm's stock in a transaction on Friday, March 1st. The shares were sold at an average price of $43.38, for a total transaction of $173,520.00. Following the completion of the transaction, the chief executive officer now directly owns 499,781 shares in the company, valued at $21,680,499.78. The disclosure for this sale can be found here. Insiders sold a total of 51,413 shares of company stock valued at $2,484,512 in the last three months. Insiders own 0.96% of the company's stock.

FormFactor Stock Performance

NASDAQ:FORM traded up $0.11 on Wednesday, hitting $56.14. The company's stock had a trading volume of 391,860 shares, compared to its average volume of 483,343. FormFactor, Inc. has a one year low of $27.46 and a one year high of $56.98. The stock has a fifty day moving average of $45.16 and a two-hundred day moving average of $41.08. 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 firm has a market capitalization of $4.36 billion, a P/E ratio of 42.53 and a beta of 1.15.

FormFactor (NASDAQ:FORM - Get Free Report) last released its quarterly earnings results on Wednesday, February 7th. The semiconductor company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. The business had revenue of $168.16 million for the quarter, compared to the consensus estimate of $165.49 million. FormFactor had a net margin of 15.48% and a return on equity of 2.29%. Research analysts predict that FormFactor, Inc. will post 0.68 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Stifel Nicolaus raised their price objective on shares of FormFactor from $36.00 to $42.00 and gave the stock a "hold" rating in a research note on Tuesday, April 30th. Evercore ISI initiated coverage on FormFactor in a report on Tuesday, April 16th. They set an "in-line" rating and a $50.00 target price on the stock. Craig Hallum upped their price target on FormFactor from $50.00 to $60.00 and gave the stock a "buy" rating in a research note on Thursday, May 2nd. Needham & Company LLC lifted their price target on shares of FormFactor from $46.00 to $53.00 and gave the company a "buy" rating in a research report on Thursday, May 2nd. Finally, StockNews.com cut shares of FormFactor from a "buy" rating to a "hold" rating in a report on Friday, April 19th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $47.30.

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.