8,018 Shares in FormFactor, Inc. $FORM Acquired by Cetera Investment Advisers

Cetera Investment Advisers purchased a new stake in FormFactor, Inc. (NASDAQ:FORM) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 8,018 shares of the semiconductor company’s stock, valued at approximately $227,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Avantax Advisory Services Inc. raised its stake in FormFactor by 9.2% during the 1st quarter. Avantax Advisory Services Inc. now owns 29,939 shares of the semiconductor company’s stock worth $847,000 after acquiring an additional 2,511 shares in the last quarter. Royce & Associates LP raised its stake in FormFactor by 6.4% during the 1st quarter. Royce & Associates LP now owns 1,870,056 shares of the semiconductor company’s stock worth $52,904,000 after acquiring an additional 112,970 shares in the last quarter. Madison Asset Management LLC raised its stake in FormFactor by 41.1% during the 1st quarter. Madison Asset Management LLC now owns 148,979 shares of the semiconductor company’s stock worth $4,215,000 after acquiring an additional 43,373 shares in the last quarter. Victory Capital Management Inc. raised its stake in FormFactor by 2.8% during the 1st quarter. Victory Capital Management Inc. now owns 21,643 shares of the semiconductor company’s stock worth $612,000 after acquiring an additional 599 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in FormFactor by 82.1% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,963,727 shares of the semiconductor company’s stock worth $55,554,000 after acquiring an additional 885,617 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

FormFactor Stock Down 0.2%

Shares of NASDAQ:FORM opened at $27.85 on Friday. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 49.73 and a beta of 1.16. The firm’s 50-day simple moving average is $32.88 and its 200-day simple moving average is $31.80. The company has a quick ratio of 3.34, a current ratio of 4.24 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a fifty-two week low of $22.58 and a fifty-two week high of $51.68.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.03). The firm had revenue of $195.80 million during the quarter, compared to analysts’ expectations of $190.17 million. FormFactor had a net margin of 5.75% and a return on equity of 5.57%. The firm’s revenue was down .8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.35 EPS. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. As a group, equities research analysts predict that FormFactor, Inc. will post 0.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

FORM has been the topic of a number of recent research reports. DA Davidson dropped their price objective on shares of FormFactor from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, May 1st. Wall Street Zen lowered shares of FormFactor from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. Citigroup restated a “neutral” rating and issued a $31.00 price objective (down from $36.00) on shares of FormFactor in a research note on Thursday. Needham & Company LLC restated a “hold” rating on shares of FormFactor in a research note on Thursday, May 1st. Finally, Stifel Nicolaus dropped their price objective on shares of FormFactor from $34.00 to $31.00 and set a “hold” rating on the stock in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, FormFactor presently has an average rating of “Hold” and a consensus target price of $38.29.

Insider Transactions at FormFactor

In related news, 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 sale, the director 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Rebeca Obregon-Jimenez sold 4,000 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $29.55, for a total transaction of $118,200.00. Following the sale, the director directly owned 13,126 shares in the company, valued at approximately $387,873.30. This represents a 23.36% decrease in their position. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by insiders.

FormFactor 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.