FormFactor, Inc. $FORM Shares Bought by Blue Trust Inc.

Blue Trust Inc. lifted its holdings in FormFactor, Inc. (NASDAQ:FORM) by 10.2% in the second quarter, Holdings Channel reports. The firm owned 11,237 shares of the semiconductor company’s stock after buying an additional 1,040 shares during the period. Blue Trust Inc.’s holdings in FormFactor were worth $387,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. MassMutual Private Wealth & Trust FSB lifted its position in FormFactor by 282.0% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 741 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 547 shares during the period. AlphaQuest LLC lifted its stake in FormFactor by 96,900.0% during the 1st quarter. AlphaQuest LLC now owns 970 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 969 shares during the period. Headlands Technologies LLC acquired a new position in FormFactor during the first quarter valued at $42,000. CWM LLC lifted its position in FormFactor by 19.9% during the first quarter. CWM LLC now owns 2,303 shares of the semiconductor company’s stock valued at $65,000 after purchasing an additional 382 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of FormFactor by 52.3% in the 1st quarter. GAMMA Investing LLC now owns 5,279 shares of the semiconductor company’s stock valued at $149,000 after buying an additional 1,813 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FORM has been the subject of a number of analyst reports. Stifel Nicolaus boosted their price target on FormFactor from $31.00 to $35.00 and gave the company a “hold” rating in a report on Monday. Citigroup reiterated 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 upgraded shares of FormFactor from a “sell” rating to a “hold” rating in a research note on Saturday, September 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of FormFactor in a research report on Wednesday, October 8th. Finally, B. Riley upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $34.00 to $47.00 in a research report on Friday. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, FormFactor currently has an average rating of “Hold” and a consensus target price of $41.00.

FormFactor Stock Performance

NASDAQ:FORM opened at $40.28 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.24. The company has a fifty day moving average of $32.35 and a two-hundred day moving average of $31.70. The stock has a market capitalization of $3.11 billion, a PE ratio of 71.93 and a beta of 1.28. FormFactor, Inc. has a fifty-two week low of $22.58 and a fifty-two week high of $50.79.

FormFactor (NASDAQ:FORM) last released its quarterly 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 company had revenue of $195.80 million for the quarter, compared to analyst estimates of $190.17 million. During the same quarter last year, the company earned $0.35 EPS. The firm’s revenue for the quarter 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, research analysts forecast that FormFactor, Inc. will post 0.9 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Kelley Steven-Waiss sold 3,600 shares of the stock in a transaction 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 completion of the transaction, the director directly owned 35,479 shares of the company’s stock, valued at approximately $1,079,625.97. This represents a 9.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Rebeca Obregon-Jimenez sold 4,000 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $29.55, for a total value of $118,200.00. Following the completion of the transaction, the director directly owned 13,126 shares of the company’s stock, valued at approximately $387,873.30. This represents a 23.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate 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.