AlphaQuest LLC Buys 2,106 Shares of FormFactor, Inc. $FORM

AlphaQuest LLC raised its holdings in shares of FormFactor, Inc. (NASDAQ:FORM) by 217.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,076 shares of the semiconductor company’s stock after acquiring an additional 2,106 shares during the quarter. AlphaQuest LLC’s holdings in FormFactor were worth $106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Reinhart Partners LLC. raised its position in shares of FormFactor by 64.8% in the second quarter. Reinhart Partners LLC. now owns 1,904,698 shares of the semiconductor company’s stock worth $65,541,000 after acquiring an additional 749,088 shares during the period. Harbor Capital Advisors Inc. grew its stake in FormFactor by 54.7% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 162,464 shares of the semiconductor company’s stock valued at $5,590,000 after acquiring an additional 57,470 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of FormFactor in the 2nd quarter valued at approximately $583,000. Janney Montgomery Scott LLC increased its position in shares of FormFactor by 52.5% during the second quarter. Janney Montgomery Scott LLC now owns 23,250 shares of the semiconductor company’s stock valued at $800,000 after acquiring an additional 8,005 shares during the last quarter. Finally, Pallas Capital Advisors LLC purchased a new position in shares of FormFactor during the 2nd quarter worth approximately $279,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on FORM shares. Stifel Nicolaus set a $42.00 price target on shares of FormFactor in a research report on Thursday, October 30th. Northland Securities set a $44.00 target price on shares of FormFactor in a report on Thursday, October 30th. B. Riley reiterated a “buy” rating on shares of FormFactor in a research note on Thursday, October 30th. Citigroup upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and upped their target price for the stock from $31.00 to $62.00 in a research report on Thursday, October 30th. Finally, DA Davidson set a $55.00 price target on FormFactor in a report on Thursday, October 30th. Three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $50.00.

FormFactor Price Performance

FORM opened at $51.72 on Wednesday. The company has a 50-day moving average of $37.88 and a 200-day moving average of $33.96. The company has a market capitalization of $3.99 billion, a P/E ratio of 99.46 and a beta of 1.28. FormFactor, Inc. has a 1-year low of $22.58 and a 1-year high of $61.10. 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 (NASDAQ:FORM) last posted its earnings results on Wednesday, October 29th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.08. FormFactor had a return on equity of 5.16% and a net margin of 5.38%.The company had revenue of $202.68 million for the quarter, compared to analysts’ expectations of $199.97 million. During the same period last year, the business posted $0.35 earnings per share. The firm’s quarterly revenue was down 2.5% compared to the same quarter last year. FormFactor has set its Q4 2025 guidance at 0.310-0.390 EPS. Equities analysts expect that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Kelley Steven-Waiss sold 3,600 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $30.43, for a total transaction of $109,548.00. Following the completion of the sale, the director directly owned 35,479 shares in the company, valued at approximately $1,079,625.97. This trade represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Rebeca Obregon-Jimenez sold 4,000 shares of the company’s stock in a transaction that occurred 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 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 SEC filing for this sale provides additional information. Company insiders own 0.90% of the company’s stock.

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.