HighTower Advisors LLC Grows Stock Holdings in FormFactor, Inc. $FORM

HighTower Advisors LLC grew its holdings in FormFactor, Inc. (NASDAQ:FORM) by 3.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,685 shares of the semiconductor company’s stock after purchasing an additional 709 shares during the quarter. HighTower Advisors LLC’s holdings in FormFactor were worth $529,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Public Employees Retirement System of Ohio purchased a new position in FormFactor in the 4th quarter worth approximately $27,000. Versant Capital Management Inc lifted its stake in FormFactor by 256.3% in the 1st quarter. Versant Capital Management Inc now owns 1,197 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 861 shares in the last quarter. Headlands Technologies LLC purchased a new position in FormFactor in the 1st quarter worth approximately $42,000. CWM LLC lifted its stake in FormFactor by 19.9% in the 1st quarter. CWM LLC now owns 2,303 shares of the semiconductor company’s stock worth $65,000 after purchasing an additional 382 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in FormFactor by 52.3% in the 1st quarter. GAMMA Investing LLC now owns 5,279 shares of the semiconductor company’s stock worth $149,000 after purchasing an additional 1,813 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Citigroup reissued a “neutral” rating and issued a $31.00 target price (down from $36.00) on shares of FormFactor in a research note on Thursday, August 21st. Wall Street Zen lowered shares of FormFactor from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Finally, Stifel Nicolaus reduced their price target 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. One analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $38.29.

FormFactor Stock Down 1.2%

Shares of NASDAQ FORM opened at $29.19 on Friday. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 52.13 and a beta of 1.16. 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 52-week low of $22.58 and a 52-week high of $50.79. The business’s 50 day moving average is $32.37 and its two-hundred day moving average is $31.43.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter was down .8% compared to the same quarter last year. 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. Research analysts predict that FormFactor, Inc. will post 0.9 EPS for the current year.

Insider Transactions at FormFactor

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $29.55, for a total value of $118,200.00. Following the sale, the director owned 13,126 shares of the company’s stock, valued at $387,873.30. The trade was a 23.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.90% of the stock is currently owned by insiders.

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.