AlphaQuest LLC Increases Position in FormFactor, Inc. $FORM

AlphaQuest LLC lifted its holdings in FormFactor, Inc. (NASDAQ:FORM) by 96,900.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 970 shares of the semiconductor company’s stock after acquiring an additional 969 shares during the period. AlphaQuest LLC’s holdings in FormFactor were worth $27,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. CWM LLC increased its position in shares of FormFactor by 19.9% in the first quarter. CWM LLC now owns 2,303 shares of the semiconductor company’s stock worth $65,000 after acquiring an additional 382 shares in the last quarter. Ellevest Inc. increased its position in shares of FormFactor by 7.1% in the fourth quarter. Ellevest Inc. now owns 8,907 shares of the semiconductor company’s stock worth $392,000 after acquiring an additional 590 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of FormFactor by 2.8% in the first 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. Public Employees Retirement System of Ohio acquired a new stake in shares of FormFactor in the fourth quarter worth $27,000. Finally, HighTower Advisors LLC increased its position in shares of FormFactor by 3.9% in the first quarter. HighTower Advisors LLC now owns 18,685 shares of the semiconductor company’s stock worth $529,000 after acquiring an additional 709 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on FORM. Wall Street Zen lowered shares of FormFactor from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Stifel Nicolaus lowered their price target on shares of FormFactor from $34.00 to $31.00 and set a “hold” rating for the company in a report on Thursday, July 31st. Finally, Citigroup reaffirmed a “neutral” rating and set a $31.00 price target (down from $36.00) on shares of FormFactor in a report on Thursday, August 21st. One 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 has a consensus rating of “Hold” and an average price target of $38.29.

FormFactor Price Performance

FORM opened at $29.36 on Friday. The company has a fifty day simple moving average of $31.81 and a 200 day simple moving average of $31.17. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of 52.43 and a beta of 1.24. FormFactor, Inc. has a twelve month low of $22.58 and a twelve month high of $50.79. 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 data 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 company had revenue of $195.80 million for the quarter, compared to analyst estimates of $190.17 million. FormFactor had a return on equity of 5.57% and a net margin of 5.75%.FormFactor’s revenue was down .8% on a year-over-year basis. During the same period in the prior year, the business earned $0.35 earnings per share. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. Equities research analysts expect that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Insiders Place Their Bets

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 shares were sold at an average price of $29.55, for a total transaction of $118,200.00. Following the completion of the transaction, the director directly 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.90% of the stock is currently owned by corporate 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.