Integrated Investment Consultants LLC Has $683,000 Position in FormFactor, Inc. (NASDAQ:FORM)

Integrated Investment Consultants LLC cut its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 3.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,854 shares of the semiconductor company’s stock after selling 497 shares during the quarter. Integrated Investment Consultants LLC’s holdings in FormFactor were worth $683,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Intech Investment Management LLC bought a new stake in FormFactor in the 3rd quarter valued at approximately $818,000. Moran Wealth Management LLC grew its holdings in shares of FormFactor by 46.8% during the 3rd quarter. Moran Wealth Management LLC now owns 9,955 shares of the semiconductor company’s stock worth $458,000 after purchasing an additional 3,174 shares in the last quarter. Advisors Asset Management Inc. raised its position in FormFactor by 99.4% in the third quarter. Advisors Asset Management Inc. now owns 620 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 309 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of FormFactor by 129.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 82,465 shares of the semiconductor company’s stock worth $3,793,000 after acquiring an additional 46,488 shares during the last quarter. Finally, Jennison Associates LLC acquired a new stake in FormFactor during the third quarter worth approximately $783,000. 98.76% of the stock is owned by institutional investors.

FormFactor Stock Up 2.5 %

FormFactor stock opened at $40.64 on Friday. The business has a fifty day moving average of $43.27 and a two-hundred day moving average of $50.08. The company has a quick ratio of 3.94, a current ratio of 4.76 and a debt-to-equity ratio of 0.01. The firm has a market cap of $3.15 billion, a P/E ratio of 23.36 and a beta of 1.12. FormFactor, Inc. has a twelve month low of $36.11 and a twelve month high of $63.63.

Insider Activity

In other FormFactor news, CEO Mike Slessor sold 4,000 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $45.28, for a total transaction of $181,120.00. Following the sale, the chief executive officer now directly owns 530,276 shares of the company’s stock, valued at approximately $24,010,897.28. This trade represents a 0.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.96% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on FORM shares. Needham & Company LLC cut their target price on FormFactor from $60.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. TD Cowen cut their price objective on FormFactor from $60.00 to $44.00 and set a “hold” rating for the company in a report on Thursday, October 31st. StockNews.com lowered FormFactor from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Finally, DA Davidson increased their target price on FormFactor from $55.00 to $62.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $55.38.

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.