Monarch Partners Asset Management LLC increased its position in FormFactor, Inc. (NASDAQ:FORM) by 225.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 589,571 shares of the semiconductor company’s stock after buying an additional 408,495 shares during the period. Monarch Partners Asset Management LLC’s holdings in FormFactor were worth $7,311,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Hood River Capital Management LLC raised its position in FormFactor by 3.5% in the first quarter. Hood River Capital Management LLC now owns 1,004,427 shares of the semiconductor company’s stock worth $11,902,000 after buying an additional 33,666 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in shares of FormFactor during the first quarter valued at about $158,000. State of Wisconsin Investment Board raised its position in shares of FormFactor by 7.2% in the first quarter. State of Wisconsin Investment Board now owns 593,447 shares of the semiconductor company’s stock valued at $7,032,000 after buying an additional 40,000 shares during the period. Ameriprise Financial Inc. raised its position in shares of FormFactor by 0.3% in the first quarter. Ameriprise Financial Inc. now owns 1,130,857 shares of the semiconductor company’s stock valued at $13,400,000 after buying an additional 3,160 shares during the period. Finally, UBS Asset Management Americas Inc. raised its position in shares of FormFactor by 94.1% in the first quarter. UBS Asset Management Americas Inc. now owns 26,578 shares of the semiconductor company’s stock valued at $315,000 after buying an additional 12,883 shares during the period. 89.36% of the stock is currently owned by institutional investors.

Shares of FormFactor, Inc. (NASDAQ:FORM) opened at 13.65 on Friday. The stock’s 50 day moving average price is $13.04 and its 200 day moving average price is $12.52. The company’s market cap is $985.52 million. FormFactor, Inc. has a 12-month low of $8.55 and a 12-month high of $15.58.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, August 2nd. The semiconductor company reported $0.40 EPS for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.12. The company had revenue of $144 million during the quarter, compared to analysts’ expectations of $134.53 million. FormFactor had a positive return on equity of 15.85% and a negative net margin of 1.32%. The firm’s revenue for the quarter was up 73.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.13 EPS. On average, analysts forecast that FormFactor, Inc. will post $1.22 EPS for the current year.

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Several equities analysts have issued reports on FORM shares. Zacks Investment Research raised FormFactor from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research note on Monday, May 8th. ValuEngine raised FormFactor from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Needham & Company LLC reissued a “buy” rating and issued a $16.00 price target on shares of FormFactor in a research note on Thursday, June 22nd. Sidoti reissued a “buy” rating and issued a $18.00 price target (up from $15.00) on shares of FormFactor in a research note on Wednesday, June 14th. Finally, BidaskClub raised FormFactor from a “sell” rating to a “hold” rating in a research note on Thursday, July 13th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. FormFactor currently has a consensus rating of “Buy” and a consensus target price of $16.38.

In other news, Director Richard Delateur sold 45,262 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $14.08, for a total value of $637,288.96. Following the completion of the transaction, the director now owns 55,262 shares in the company, valued at approximately $778,088.96. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dennis Thomas St sold 285,333 shares of the firm’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $14.61, for a total value of $4,168,715.13. Following the completion of the transaction, the director now owns 40,666 shares of the company’s stock, valued at approximately $594,130.26. The disclosure for this sale can be found here. In the last 90 days, insiders sold 336,995 shares of company stock valued at $4,894,976. 2.84% of the stock is currently owned by company insiders.

FormFactor Company Profile

FormFactor, Inc is a provider of test and measurement solutions. The Company’s segments include the Probe Cards segment and Systems segment. The Company designs, manufactures and sells multiple product lines, including probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, reliability test systems, and related services.

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Institutional Ownership by Quarter for FormFactor (NASDAQ:FORM)

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