Shares of FormFactor, Inc. (NASDAQ:FORM – Get Free Report) have been assigned a consensus advice of “Average Purchase” from the eight brokerages which might be masking the corporate, MarketBeat Rankings studies. 4 analysis analysts have rated the inventory with a maintain ranking and 4 have given a purchase ranking to the corporate. The common 1 yr goal worth amongst brokers which have lined the inventory within the final yr is $55.38.
A number of analysts have commented on the inventory. TD Cowen decreased their worth goal on shares of FormFactor from $60.00 to $44.00 and set a “maintain” ranking on the inventory in a analysis observe on Thursday, October thirty first. DA Davidson boosted their goal worth on FormFactor from $55.00 to $62.00 and gave the inventory a “purchase” ranking in a analysis report on Thursday, August 1st. StockNews.com lowered FormFactor from a “purchase” ranking to a “maintain” ranking in a analysis observe on Tuesday, August twenty seventh. Lastly, Needham & Firm LLC diminished their worth goal on FormFactor from $60.00 to $52.00 and set a “purchase” ranking on the inventory in a analysis observe on Thursday, October thirty first.
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Insider Exercise
In associated information, CEO Mike Slessor offered 4,000 shares of the agency’s inventory in a transaction on Tuesday, September third. The inventory was offered at a median worth of $46.31, for a complete worth of $185,240.00. Following the completion of the sale, the chief government officer now immediately owns 534,276 shares within the firm, valued at $24,742,321.56. This commerce represents a 0.74 % lower of their possession of the inventory. The sale was disclosed in a submitting with the Securities & Alternate Fee, which is on the market by this hyperlink. Company insiders personal 0.96% of the corporate’s inventory.
Institutional Buyers Weigh In On FormFactor
A number of hedge funds and different institutional buyers have not too long ago made modifications to their positions within the firm. Barclays PLC grew its holdings in FormFactor by 351.9% throughout the third quarter. Barclays PLC now owns 145,492 shares of the semiconductor firm’s inventory valued at $6,692,000 after buying a further 113,296 shares over the past quarter. Y Intercept Hong Kong Ltd bought a brand new place in shares of FormFactor throughout the third quarter valued at roughly $550,000. Primary Administration ETF Advisors LLC purchased a brand new place in shares of FormFactor throughout the third quarter valued at roughly $750,000. XTX Topco Ltd bought a brand new stake in shares of FormFactor within the third quarter value roughly $503,000. Lastly, Jane Road Group LLC lifted its stake in shares of FormFactor by 14.5% throughout the third quarter. Jane Road Group LLC now owns 162,569 shares of the semiconductor firm’s inventory value $7,478,000 after buying a further 20,638 shares over the past quarter. Hedge funds and different institutional buyers personal 98.76% of the corporate’s inventory.
FormFactor Buying and selling Down 4.8 %
FormFactor inventory opened at $37.80 on Friday. The corporate has a debt-to-equity ratio of 0.01, a present ratio of 4.76 and a fast ratio of three.94. The agency’s 50 day shifting common worth is $43.55 and its 200-day shifting common worth is $50.35. FormFactor has a 1 yr low of $36.11 and a 1 yr excessive of $63.63. The inventory has a market cap of $2.93 billion, a P/E ratio of 21.72 and a beta of 1.12.
FormFactor Firm Profile
FormFactor, Inc designs, manufactures, and sells probe playing cards, analytical probes, probe stations, metrology methods, thermal methods, and cryogenic methods to semiconductor corporations and scientific establishments in the US, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.
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