6,327 Shares in FormFactor, Inc. $FORM Acquired by Atria Investments Inc

Atria Investments Inc acquired a new position in FormFactor, Inc. (NASDAQ:FORM) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 6,327 shares of the semiconductor company’s stock, valued at approximately $218,000.

Other large investors have also bought and sold shares of the company. Reinhart Partners LLC. lifted its holdings in FormFactor by 64.8% in the 2nd quarter. Reinhart Partners LLC. now owns 1,904,698 shares of the semiconductor company’s stock valued at $65,541,000 after acquiring an additional 749,088 shares during the last quarter. State of New Jersey Common Pension Fund D raised its holdings in shares of FormFactor by 9.5% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 61,190 shares of the semiconductor company’s stock worth $2,106,000 after purchasing an additional 5,295 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in FormFactor during the second quarter valued at approximately $583,000. Harbor Capital Advisors Inc. boosted its holdings in FormFactor by 54.7% during the second quarter. Harbor Capital Advisors Inc. now owns 162,464 shares of the semiconductor company’s stock worth $5,590,000 after buying an additional 57,470 shares in the last quarter. Finally, Bessemer Group Inc. grew its position in FormFactor by 25.0% in the second quarter. Bessemer Group Inc. now owns 431,321 shares of the semiconductor company’s stock worth $14,841,000 after buying an additional 86,277 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Insider Buying and Selling

In other FormFactor news, Director Kelley Steven-Waiss sold 3,600 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $30.43, for a total value of $109,548.00. Following the transaction, the director owned 35,479 shares in the company, valued at approximately $1,079,625.97. This represents a 9.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.96% of the company’s stock.

FormFactor Stock Down 1.8%

Shares of FormFactor stock opened at $50.72 on Friday. FormFactor, Inc. has a 1 year low of $22.58 and a 1 year high of $61.10. The company has a market cap of $3.93 billion, a P/E ratio of 97.54 and a beta of 1.37. The company has a current ratio of 4.24, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average price of $41.22 and a 200 day moving average price of $35.13.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on FORM shares. Evercore ISI raised their price objective on FormFactor from $31.00 to $50.00 and gave the stock an “in-line” rating in a research note on Thursday, October 30th. Zacks Research raised FormFactor from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. Citigroup upgraded FormFactor from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $31.00 to $62.00 in a report on Thursday, October 30th. TD Cowen raised their target price on shares of FormFactor from $35.00 to $50.00 and gave the stock a “hold” rating in a report on Thursday, October 30th. Finally, Northland Securities set a $44.00 target price on shares of FormFactor in a research report on Thursday, October 30th. Three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $50.00.

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.