Flinton Capital Management LLC increased its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 15.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,640 shares of the semiconductor company’s stock after purchasing an additional 1,152 shares during the quarter. Flinton Capital Management LLC’s holdings in FormFactor were worth $122,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Csenge Advisory Group acquired a new position in FormFactor during the 3rd quarter worth $25,000. Oregon Public Employees Retirement Fund acquired a new position in FormFactor during the 4th quarter worth $28,000. PNC Financial Services Group Inc. grew its stake in FormFactor by 22.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,120 shares of the semiconductor company’s stock worth $72,000 after purchasing an additional 924 shares in the last quarter. Advisor Group Inc. grew its stake in FormFactor by 28.0% during the 4th quarter. Advisor Group Inc. now owns 6,311 shares of the semiconductor company’s stock worth $89,000 after purchasing an additional 1,381 shares in the last quarter. Finally, First Quadrant L P CA acquired a new position in shares of FormFactor during the 4th quarter worth about $90,000. 94.42% of the stock is owned by hedge funds and other institutional investors.

FORM has been the subject of several analyst reports. ValuEngine raised FormFactor from a “hold” rating to a “buy” rating in a research report on Monday, November 26th. BidaskClub raised FormFactor from a “hold” rating to a “buy” rating in a research report on Tuesday, November 27th. Zacks Investment Research cut FormFactor from a “hold” rating to a “sell” rating in a research report on Tuesday, February 5th. Craig Hallum cut FormFactor from a “buy” rating to a “hold” rating and upped their price objective for the stock from $16.00 to $17.00 in a research report on Thursday, February 7th. Finally, Sidoti cut FormFactor from a “buy” rating to a “neutral” rating in a research report on Monday, December 3rd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. FormFactor currently has an average rating of “Hold” and an average target price of $17.08.

NASDAQ:FORM opened at $15.69 on Friday. The stock has a market cap of $1.17 billion, a PE ratio of 20.38, a price-to-earnings-growth ratio of 1.87 and a beta of 1.64. FormFactor, Inc. has a 1 year low of $11.10 and a 1 year high of $16.83. The company has a quick ratio of 2.54, a current ratio of 3.30 and a debt-to-equity ratio of 0.06.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, February 6th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.05. The firm had revenue of $140.90 million during the quarter, compared to analysts’ expectations of $135.93 million. FormFactor had a return on equity of 11.59% and a net margin of 19.64%. The business’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS. As a group, research analysts forecast that FormFactor, Inc. will post 0.69 earnings per share for the current year.

In related news, Director Dennis Thomas St sold 8,000 shares of the company’s stock in a transaction dated Wednesday, February 20th. The stock was sold at an average price of $15.99, for a total value of $127,920.00. Following the completion of the sale, the director now directly owns 45,000 shares of the company’s stock, valued at approximately $719,550. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Kelley Steven-Waiss sold 7,000 shares of the company’s stock in a transaction dated Tuesday, February 12th. The shares were sold at an average price of $15.50, for a total value of $108,500.00. Following the completion of the sale, the director now directly owns 12,000 shares of the company’s stock, valued at $186,000. The disclosure for this sale can be found here. Over the last three months, insiders sold 16,200 shares of company stock valued at $254,924. Insiders own 1.30% of the company’s stock.

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FormFactor Company Profile

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.

Further Reading: Commodities

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Institutional Ownership by Quarter for FormFactor (NASDAQ:FORM)

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