Csenge Advisory Group lifted its holdings in FormFactor, Inc. (NASDAQ:FORM) by 7.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,397 shares of the semiconductor company’s stock after buying an additional 1,174 shares during the period. Csenge Advisory Group’s holdings in FormFactor were worth $263,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Mason Street Advisors LLC lifted its position in shares of FormFactor by 3.9% during the 1st quarter. Mason Street Advisors LLC now owns 23,919 shares of the semiconductor company’s stock worth $385,000 after buying an additional 907 shares during the last quarter. New York State Teachers Retirement System lifted its position in shares of FormFactor by 34.5% during the 1st quarter. New York State Teachers Retirement System now owns 40,536 shares of the semiconductor company’s stock worth $652,000 after buying an additional 10,400 shares during the last quarter. Everence Capital Management Inc. purchased a new stake in shares of FormFactor during the 1st quarter worth approximately $224,000. Victory Capital Management Inc. lifted its position in shares of FormFactor by 0.4% during the 1st quarter. Victory Capital Management Inc. now owns 1,956,677 shares of the semiconductor company’s stock worth $31,483,000 after buying an additional 6,825 shares during the last quarter. Finally, Texas Permanent School Fund lifted its position in shares of FormFactor by 4.3% during the 1st quarter. Texas Permanent School Fund now owns 50,569 shares of the semiconductor company’s stock worth $814,000 after buying an additional 2,078 shares during the last quarter. 94.47% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director Dennis Thomas St sold 8,000 shares of the company’s stock in a transaction on Wednesday, February 20th. The shares were 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 owns 45,000 shares in the company, valued at approximately $719,550. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.88% of the stock is owned by corporate insiders.

FORM has been the subject of several recent analyst reports. ValuEngine upgraded shares of FormFactor from a “hold” rating to a “buy” rating in a research report on Friday, January 25th. BidaskClub upgraded shares of FormFactor from a “hold” rating to a “buy” rating in a research report on Thursday, February 14th. DA Davidson boosted their price objective on shares of FormFactor to $21.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Zacks Investment Research upgraded shares of FormFactor from a “sell” rating to a “hold” rating in a research report on Wednesday, February 13th. Finally, Craig Hallum downgraded shares of FormFactor from a “buy” rating to a “hold” rating and upped their price target for the company from $16.00 to $17.00 in a research report on Thursday, February 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. FormFactor currently has a consensus rating of “Hold” and a consensus price target of $18.00.

FORM stock opened at $15.72 on Monday. FormFactor, Inc. has a 12 month low of $11.38 and a 12 month high of $19.27. The firm has a market capitalization of $1.17 billion, a P/E ratio of 20.42, a price-to-earnings-growth ratio of 2.02 and a beta of 1.68. The company has a quick ratio of 2.54, a current ratio of 3.36 and a debt-to-equity ratio of 0.09.

FormFactor (NASDAQ:FORM) last released its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.18 by $0.02. FormFactor had a net margin of 19.76% and a return on equity of 11.06%. The firm had revenue of $132.21 million during the quarter, compared to the consensus estimate of $130.37 million. During the same quarter in the prior year, the firm earned $0.17 EPS. FormFactor’s revenue for the quarter was up 11.8% on a year-over-year basis. On average, equities research analysts forecast that FormFactor, Inc. will post 0.65 earnings per share for the current fiscal year.

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FormFactor Profile

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, integrated measurement systems, and thermal sub-systems, as well as provides related services. It operates in two segments, Probe Cards and 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.

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Institutional Ownership by Quarter for FormFactor (NASDAQ:FORM)

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