Vandad Fartaj, PennyMac Mortgage Investment Trust (PMT)’s insider Unloaded 456 Shares; Formfactor (FORM) Sellers Decreased By 17.8% Their Shorts

FormFactor, Inc. (NASDAQ:FORM) Logo

Formfactor Inc (NASDAQ:FORM) had a decrease of 17.8% in short interest. FORM’s SI was 2.60 million shares in April as released by FINRA. Its down 17.8% from 3.17M shares previously. With 890,800 avg volume, 3 days are for Formfactor Inc (NASDAQ:FORM)’s short sellers to cover FORM’s short positions. The SI to Formfactor Inc’s float is 3.61%. The stock increased 3.09% or $0.45 during the last trading session, reaching $15. About 851,403 shares traded. FormFactor, Inc. (NASDAQ:FORM) has risen 17.95% since April 18, 2017 and is uptrending. It has outperformed by 6.40% the S&P500.

Since February 15, 2018, it had 0 insider purchases, and 3 sales for $1.25 million activity. St Dennis Thomas had sold 20,867 shares worth $283,290 on Tuesday, March 6. LUDWIG MICHAEL M sold $381,870 worth of FormFactor, Inc. (NASDAQ:FORM) on Thursday, February 15.

FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, and reliability test systems. The company has market cap of $1.11 billion. The firm offers probe cards that are used to test various semiconductor device types, including system on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies. It has a 27.27 P/E ratio. It also provides probing systems for semiconductor design engineers to capture and analyze accurate data; integrated measurement systems that include test instrumentation, probe, cabling configurations, and software to enable fast, accurate, and on-wafer data collection for complex application and measurement needs; thermal subsystems that produce thermal chucks and other test systems used in probe stations; and reliability test systems that enable clients to develop products that are less susceptible to various phenomenon that could degrade semiconductor device performance.

Investors sentiment increased to 1.48 in Q4 2017. Its up 0.21, from 1.27 in 2017Q3. It improved, as 15 investors sold FormFactor, Inc. shares while 51 reduced holdings. 40 funds opened positions while 58 raised stakes. 58.17 million shares or 1.01% less from 58.76 million shares in 2017Q3 were reported. California Public Employees Retirement stated it has 0% of its portfolio in FormFactor, Inc. (NASDAQ:FORM). 14,300 are owned by Hutchin Hill Cap Limited Partnership. Spark Invest Ltd Liability Corporation has 0.35% invested in FormFactor, Inc. (NASDAQ:FORM). Deutsche Bancorp Ag reported 425,233 shares or 0% of all its holdings. Envestnet Asset Management Incorporated stated it has 182 shares or 0% of all its holdings. Globeflex Cap Limited Partnership reported 67,800 shares stake. Cubist Systematic Strategies Limited Liability Co holds 0.03% of its portfolio in FormFactor, Inc. (NASDAQ:FORM) for 31,638 shares. 177,663 are held by Federated Investors Pa. Tudor Invest Et Al stated it has 56,497 shares. Moreover, State Of Wisconsin Investment Board has 0.02% invested in FormFactor, Inc. (NASDAQ:FORM) for 550,000 shares. Hall Laurie J Trustee stated it has 0% of its portfolio in FormFactor, Inc. (NASDAQ:FORM). Meeder Asset Management owns 1,040 shares. Manufacturers Life Com The has 0% invested in FormFactor, Inc. (NASDAQ:FORM). Invesco Limited invested in 869,470 shares or 0% of the stock. Us Retail Bank De holds 0% or 14,746 shares.

Among 8 analysts covering FormFactor (NASDAQ:FORM), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. FormFactor had 22 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Buy” rating by Needham given on Friday, October 9. On Friday, December 15 the stock rating was upgraded by Needham to “Strong Buy”. The stock has “Buy” rating by Needham on Monday, June 27. The rating was initiated by Craig Hallum with “Buy” on Thursday, September 22. Needham maintained it with “Buy” rating and $20.0 target in Thursday, January 18 report. B. Riley & Co maintained it with “Buy” rating and $2000 target in Thursday, August 3 report. The stock of FormFactor, Inc. (NASDAQ:FORM) earned “Neutral” rating by Citigroup on Friday, February 9. The firm has “Neutral” rating by Citigroup given on Thursday, November 2. The company was maintained on Thursday, June 29 by B. Riley & Co. The firm earned “Buy” rating on Tuesday, September 12 by Needham.

Since October 18, 2017, it had 4 buys, and 11 insider sales for $697,907 activity. Shares for $326,114 were sold by SPECTOR DAVID on Monday, February 26. $107,999 worth of PennyMac Mortgage Investment Trust (NYSE:PMT) was bought by Sullivan Marianne. $155,076 worth of PennyMac Mortgage Investment Trust (NYSE:PMT) was sold by Jones Doug. Preston Paul DuFauchard – Jr. sold $37,440 worth of PennyMac Mortgage Investment Trust (NYSE:PMT) on Friday, February 23. $86,440 worth of PennyMac Mortgage Investment Trust (NYSE:PMT) shares were sold by Perotti Daniel Stanley. Another trade for 8,490 shares valued at $147,168 was sold by Bailey Steven Richard. Stewart Stacey D. had sold 2,554 shares worth $44,010 on Friday, February 23.

The stock increased 0.29% or $0.05 during the last trading session, reaching $17.53. About 979,269 shares traded or 6.30% up from the average. PennyMac Mortgage Investment Trust (NYSE:PMT) has risen 4.21% since April 18, 2017 and is uptrending. It has underperformed by 7.34% the S&P500.

Among 9 analysts covering PennyMac Mortgage Investment Trust (NYSE:PMT), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. PennyMac Mortgage Investment Trust has $21 highest and $13 lowest target. $17.03’s average target is -2.85% below currents $17.53 stock price. PennyMac Mortgage Investment Trust had 16 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was upgraded by Compass Point to “Buy” on Monday, July 27. The firm has “Market Perform” rating given on Thursday, February 4 by Wells Fargo. The rating was maintained by JMP Securities with “Market Outperform” on Wednesday, March 9. The firm has “Neutral” rating given on Thursday, October 6 by Wedbush. The rating was downgraded by Keefe Bruyette & Woods to “Hold” on Tuesday, October 10. The firm has “Overweight” rating by Barclays Capital given on Thursday, December 10. The rating was downgraded by Citigroup on Friday, August 7 to “Neutral”. The rating was maintained by Wood with “Outperform” on Monday, June 13. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, May 29. The stock of PennyMac Mortgage Investment Trust (NYSE:PMT) earned “Buy” rating by Compass Point on Thursday, August 6.

Chief Capital Markets Officer, Vandad Fartaj is the Pennymac Mortgage Investment Trust’s insider who sold shares of Pennymac Mortgage Investment Trust, 456 to be exact. The mentioned shares were based on an average share price of $17.3, with Vandad Fartaj’s sale having a market value near $7,898 USD. The trade was made public in a Form 4 submitted with the Security and Exchange Commission on 17-04-2018, which is available for public access here. Vandad Fartaj owns roughly 0.15% of Pennymac Mortgage Investment Trust’s market cap or 90,857 shares.

PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company has market cap of $1.06 billion. The firm operates in two divisions, Correspondent Production and Investment Activities. It has a 11.86 P/E ratio. The Correspondent Production segment engages in purchasing, pooling, and reselling newly originated prime credit mortgage loans directly or in the form of mortgage-backed securities .

FormFactor, Inc. (NASDAQ:FORM) Institutional Positions Chart