2 weeks Ago By Defense World Staff
FormFactor, Inc. ( NASDAQ:FORM – Get Free Report ) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 2,370,000 shares, a growth of 6.
8% from the August 31st total of 2,220,000 shares. Approximately 3.1% of the shares of the company are short sold.
Based on an average daily volume of 690,200 shares, the days-to-cover ratio is presently 3.4 days. FormFactor Price Performance Shares of NASDAQ FORM traded down $0.
30 during midday trading on Monday, hitting $46.00. The stock had a trading volume of 743,195 shares, compared to its average volume of 572,405.
The company has a quick ratio of 3.64, a current ratio of 4.46 and a debt-to-equity ratio of 0.
01. The stock has a 50 day simple moving average of $46.79 and a 200-day simple moving average of $50.
61. The company has a market capitalization of $3.55 billion, a PE ratio of 34.
85 and a beta of 1.11. FormFactor has a 1 year low of $31.
51 and a 1 year high of $63.63. FormFactor ( NASDAQ:FORM – Get Free Report ) last announced its earnings results on Wednesday, July 31st.
The semiconductor company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.
05. FormFactor had a net margin of 17.20% and a return on equity of 4.
18%. The company had revenue of $197.47 million for the quarter, compared to analysts’ expectations of $195.
01 million. On average, sell-side analysts expect that FormFactor will post 0.74 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth Check Out Our Latest Research Report on FORM Insider Activity at FormFactor In other FormFactor news, CEO Mike Slessor sold 4,000 shares of FormFactor stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $50.93, for a total transaction of $203,720.
00. Following the completion of the sale, the chief executive officer now directly owns 523,187 shares in the company, valued at approximately $26,645,913.91.
The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink . In other FormFactor news, Director Jorge Titinger sold 6,770 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $41.
94, for a total value of $283,933.80. Following the sale, the director now owns 12,970 shares in the company, valued at approximately $543,961.
80. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website . Also, CEO Mike Slessor sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st.
The stock was sold at an average price of $50.93, for a total transaction of $203,720.00.
Following the sale, the chief executive officer now directly owns 523,187 shares in the company, valued at approximately $26,645,913.91. The disclosure for this sale can be found here .
Insiders have sold a total of 14,770 shares of company stock worth $672,894 over the last quarter. Insiders own 0.96% of the company’s stock.
Hedge Funds Weigh In On FormFactor A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in FormFactor by 1.
6% in the 1st quarter. Vanguard Group Inc. now owns 9,622,484 shares of the semiconductor company’s stock worth $439,074,000 after purchasing an additional 154,361 shares in the last quarter.
Earnest Partners LLC increased its holdings in shares of FormFactor by 0.6% in the first quarter. Earnest Partners LLC now owns 6,091,217 shares of the semiconductor company’s stock valued at $277,942,000 after purchasing an additional 37,781 shares during the last quarter.
Hood River Capital Management LLC lifted its position in FormFactor by 7.2% during the first quarter. Hood River Capital Management LLC now owns 2,079,052 shares of the semiconductor company’s stock worth $94,867,000 after buying an additional 140,223 shares in the last quarter.
Wellington Management Group LLP boosted its stake in FormFactor by 81.1% during the fourth quarter. Wellington Management Group LLP now owns 1,927,281 shares of the semiconductor company’s stock worth $80,387,000 after buying an additional 862,885 shares during the last quarter.
Finally, Sei Investments Co. grew its holdings in FormFactor by 5.4% in the 1st quarter.
Sei Investments Co. now owns 1,493,665 shares of the semiconductor company’s stock valued at $68,156,000 after buying an additional 76,032 shares in the last quarter. 98.
76% of the stock is currently owned by institutional investors and hedge funds. FormFactor Company Profile ( Get Free Report ) 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. Featured Stories Five stocks we like better than FormFactor Why Are These Companies Considered Blue Chips? TJX Stock: A Buying Opportunity Before the Holiday Rush Where Do I Find 52-Week Highs and Lows? Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge Quiet Period Expirations Explained Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for FormFactor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FormFactor and related companies with MarketBeat.
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