Bourgeon Capital Management LLC boosted its stake in FormFactor, Inc. (NASDAQ:FORM) by 50.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,000 shares of the semiconductor company’s stock after buying an additional 5,000 shares during the period. Bourgeon Capital Management LLC’s holdings in FormFactor were worth $186,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in FORM. Bank of Montreal Can raised its stake in shares of FormFactor by 4.9% in the first quarter. Bank of Montreal Can now owns 19,378 shares of the semiconductor company’s stock valued at $229,000 after buying an additional 901 shares in the last quarter. KCG Holdings Inc. raised its stake in shares of FormFactor by 14.7% in the first quarter. KCG Holdings Inc. now owns 16,500 shares of the semiconductor company’s stock valued at $196,000 after buying an additional 2,120 shares in the last quarter. Teachers Advisors LLC raised its stake in shares of FormFactor by 2.1% in the fourth quarter. Teachers Advisors LLC now owns 113,009 shares of the semiconductor company’s stock valued at $1,266,000 after buying an additional 2,273 shares in the last quarter. American International Group Inc. raised its stake in shares of FormFactor by 7.1% in the first quarter. American International Group Inc. now owns 42,338 shares of the semiconductor company’s stock valued at $502,000 after buying an additional 2,806 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake 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 in the last quarter. Institutional investors own 89.36% of the company’s stock.

Shares of FormFactor, Inc. (NASDAQ FORM) opened at 13.65 on Friday. FormFactor, Inc. has a 52 week low of $8.55 and a 52 week high of $15.58. The firm’s market cap is $985.52 million. The firm’s 50-day moving average price is $13.04 and its 200-day moving average price is $12.52.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings data on Wednesday, August 2nd. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.12. FormFactor had a positive return on equity of 15.85% and a negative net margin of 1.32%. The firm had revenue of $144 million for the quarter, compared to the consensus estimate of $134.53 million. During the same quarter in the prior year, the business earned $0.13 EPS. The business’s revenue for the quarter was up 73.3% compared to the same quarter last year. Equities research analysts expect that FormFactor, Inc. will post $1.22 EPS for the current fiscal year.

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Several equities research analysts have commented on the company. B. Riley restated a “buy” rating and set a $17.00 price target on shares of FormFactor in a research note on Saturday, July 1st. Zacks Investment Research upgraded FormFactor from a “hold” rating to a “strong-buy” rating and set a $16.00 price target for the company in a research note on Wednesday. Needham & Company LLC reiterated a “buy” rating and issued a $15.00 target price on shares of FormFactor in a research note on Monday, May 1st. TheStreet upgraded FormFactor from a “c+” rating to a “b-” rating in a research note on Thursday, May 11th. Finally, BidaskClub lowered FormFactor from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Two 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’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $16.38.

In other FormFactor news, Director Edward Rogas, Jr. sold 6,000 shares of the company’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $13.90, for a total transaction of $83,400.00. Following the transaction, the director now owns 56,000 shares of the company’s stock, valued at approximately $778,400. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Richard Delateur sold 45,262 shares of the company’s stock in a transaction 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 transaction, the director now directly owns 55,262 shares in the company, valued at approximately $778,088.96. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 336,995 shares of company stock worth $4,894,976. Company insiders own 2.84% of the company’s stock.

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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