Blue Trust Inc. Acquires 1,040 Shares of FormFactor, Inc. $FORM

Blue Trust Inc. lifted its position in FormFactor, Inc. (NASDAQ:FORM) by 10.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,237 shares of the semiconductor company’s stock after purchasing an additional 1,040 shares during the quarter. Blue Trust Inc.’s holdings in FormFactor were worth $387,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FORM. GAMMA Investing LLC increased 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 acquiring an additional 1,813 shares during the last quarter. SG Americas Securities LLC bought a new stake in FormFactor in the first quarter worth $723,000. Janney Montgomery Scott LLC increased its position in FormFactor by 104.4% in the first quarter. Janney Montgomery Scott LLC now owns 15,245 shares of the semiconductor company’s stock worth $431,000 after purchasing an additional 7,787 shares during the last quarter. Avior Wealth Management LLC increased its holdings in shares of FormFactor by 478.9% in the 1st quarter. Avior Wealth Management LLC now owns 7,283 shares of the semiconductor company’s stock worth $206,000 after buying an additional 6,025 shares during the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of FormFactor by 4.1% in the 1st quarter. Bessemer Group Inc. now owns 345,044 shares of the semiconductor company’s stock worth $9,762,000 after buying an additional 13,489 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Insider Buying and Selling

In other FormFactor 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 transaction of $109,548.00. Following the sale, the director owned 35,479 shares of the company’s stock, valued at approximately $1,079,625.97. This trade represents a 9.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 sale, the director directly owned 13,126 shares in the company, valued at $387,873.30. This trade represents a 23.36% decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on FORM. Weiss Ratings reissued a “hold (c)” rating on shares of FormFactor in a research note on Wednesday, October 8th. Wall Street Zen raised FormFactor from a “sell” rating to a “hold” rating in a research report on Saturday, September 20th. B. Riley raised FormFactor from a “neutral” rating to a “buy” rating and boosted their target price for the company from $34.00 to $47.00 in a research report on Friday. Stifel Nicolaus boosted their price objective on shares of FormFactor from $31.00 to $35.00 and gave the company a “hold” rating in a research report on Monday. Finally, Citigroup reiterated a “neutral” rating and set a $31.00 price objective (down previously from $36.00) on shares of FormFactor in a research report on Thursday, August 21st. 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.com, FormFactor has an average rating of “Hold” and an average target price of $41.00.

FormFactor Trading Up 5.6%

NASDAQ FORM opened at $40.28 on Tuesday. The company’s 50-day moving average price is $32.35 and its 200-day moving average price is $31.70. The company has a current ratio of 4.24, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01. The stock has a market cap of $3.11 billion, a PE ratio of 71.93 and a beta of 1.28. FormFactor, Inc. has a 12 month low of $22.58 and a 12 month high of $50.79.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $190.17 million. During the same quarter in the prior year, the company earned $0.35 earnings per share. 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. Equities research analysts forecast that FormFactor, Inc. will post 0.9 earnings per share for the current year.

FormFactor Company 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.