FormFactor, Inc. $FORM Stock Position Reduced by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its holdings in FormFactor, Inc. (NASDAQ:FORM) by 1.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 904,826 shares of the semiconductor company’s stock after selling 15,615 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.17% of FormFactor worth $25,598,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Westfield Capital Management Co. LP acquired a new stake in shares of FormFactor in the first quarter worth $25,838,000. Natixis Advisors LLC increased its holdings in FormFactor by 11.7% in the 1st quarter. Natixis Advisors LLC now owns 206,093 shares of the semiconductor company’s stock valued at $5,830,000 after buying an additional 21,573 shares during the period. Bayforest Capital Ltd increased its holdings in FormFactor by 398.1% in the 1st quarter. Bayforest Capital Ltd now owns 10,629 shares of the semiconductor company’s stock valued at $301,000 after buying an additional 8,495 shares during the period. Valliance Asset Management Ltd bought a new stake in FormFactor in the 1st quarter valued at $1,414,000. Finally, Federated Hermes Inc. grew its holdings in shares of FormFactor by 70.9% in the 1st quarter. Federated Hermes Inc. now owns 61,048 shares of the semiconductor company’s stock worth $1,727,000 after purchasing an additional 25,329 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at FormFactor

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $29.55, for a total transaction of $118,200.00. Following the completion of the sale, the director owned 13,126 shares of the company’s stock, valued at $387,873.30. This trade represents a 23.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dennis Thomas St sold 3,000 shares of the business’s stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $31.24, for a total transaction of $93,720.00. Following the completion of the sale, the director directly owned 40,957 shares of the company’s stock, valued at approximately $1,279,496.68. The trade was a 6.82% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.90% of the company’s stock.

FormFactor Price Performance

NASDAQ:FORM opened at $27.90 on Thursday. The firm has a fifty day simple moving average of $33.01 and a 200 day simple moving average of $31.88. FormFactor, Inc. has a 1-year low of $22.58 and a 1-year high of $51.68. The stock has a market capitalization of $2.15 billion, a PE ratio of 49.82 and a beta of 1.16. The company has a current ratio of 4.24, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.03). FormFactor had a net margin of 5.75% and a return on equity of 5.57%. The business had revenue of $195.80 million for the quarter, compared to analyst estimates of $190.17 million. During the same period in the prior year, the business earned $0.35 EPS. The company’s revenue for the quarter was down .8% compared to the same quarter last year. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. On average, research analysts expect that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of FormFactor in a report on Thursday, May 1st. DA Davidson cut their target price on shares of FormFactor from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, May 1st. Stifel Nicolaus cut their target price on shares of FormFactor from $34.00 to $31.00 and set a “hold” rating on the stock in a research report on Thursday, July 31st. Wall Street Zen downgraded shares of FormFactor from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Finally, B. Riley increased their price target on shares of FormFactor from $26.00 to $32.00 and gave the company a “neutral” rating in a research report on Thursday, May 1st. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $41.14.

About FormFactor

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.