FormFactor, Inc. $FORM Shares Purchased by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS raised its stake in FormFactor, Inc. (NASDAQ:FORM) by 10.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,600 shares of the semiconductor company’s stock after buying an additional 1,600 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in FormFactor were worth $606,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Earnest Partners LLC grew its holdings in FormFactor by 0.3% in the 1st quarter. Earnest Partners LLC now owns 6,055,121 shares of the semiconductor company’s stock valued at $171,299,000 after buying an additional 18,039 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of 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 purchasing an additional 885,617 shares during the period. Reinhart Partners LLC. grew its holdings in shares of FormFactor by 64.8% during the 2nd quarter. Reinhart Partners LLC. now owns 1,904,698 shares of the semiconductor company’s stock worth $65,541,000 after purchasing an additional 749,088 shares during the period. Royce & Associates LP grew its holdings in shares of 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 purchasing an additional 112,970 shares during the period. Finally, Westfield Capital Management Co. LP purchased a new position in shares of FormFactor during the 1st quarter worth $25,838,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on FORM. Citigroup reiterated 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. Wall Street Zen upgraded FormFactor from a “sell” rating to a “hold” rating in a report on Saturday, September 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of FormFactor in a report on Wednesday, October 8th. B. Riley raised FormFactor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $34.00 to $47.00 in a research note on Friday, October 10th. Finally, Stifel Nicolaus increased their target price on FormFactor from $31.00 to $35.00 and gave the stock a “hold” rating in a research note on Monday. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, FormFactor currently has a consensus rating of “Hold” and a consensus price target of $41.00.

FormFactor Price Performance

Shares of NASDAQ FORM opened at $42.05 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.24. FormFactor, Inc. has a fifty-two week low of $22.58 and a fifty-two week high of $50.79. The firm has a market capitalization of $3.24 billion, a PE ratio of 75.09 and a beta of 1.28. The stock’s 50-day simple moving average is $33.43 and its 200-day simple moving average is $32.02.

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). FormFactor had a return on equity of 5.57% and a net margin of 5.75%.The business had revenue of $195.80 million for the quarter, compared to analyst estimates of $190.17 million. During the same period last year, the business posted $0.35 EPS. FormFactor’s revenue was down .8% on a year-over-year basis. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. As a group, equities research analysts forecast that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Insider Activity

In other news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the firm’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 owned 13,126 shares of the company’s stock, valued at approximately $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 accessible through the SEC website. Also, Director Kelley Steven-Waiss sold 3,600 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $30.43, for a total value of $109,548.00. Following the transaction, the director owned 35,479 shares in the company, valued at $1,079,625.97. This represents a 9.21% decrease in their position. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by company 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.