Natixis Advisors LLC boosted its holdings in shares of FormFactor, Inc. (NASDAQ:FORM – Free Report) by 19.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 366,396 shares of the semiconductor company’s stock after purchasing an additional 59,452 shares during the period. Natixis Advisors LLC’s holdings in FormFactor were worth $13,344,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in FORM. State of Wyoming grew its stake in shares of FormFactor by 18.4% in the 3rd quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock valued at $61,000 after purchasing an additional 261 shares during the period. Arizona State Retirement System lifted its position in shares of FormFactor by 1.5% during the 3rd quarter. Arizona State Retirement System now owns 22,796 shares of the semiconductor company’s stock worth $830,000 after buying an additional 335 shares during the period. Amalgamated Bank boosted its stake in FormFactor by 1.9% in the 3rd quarter. Amalgamated Bank now owns 22,420 shares of the semiconductor company’s stock valued at $817,000 after buying an additional 411 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in FormFactor by 0.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 116,154 shares of the semiconductor company’s stock valued at $4,230,000 after buying an additional 414 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in FormFactor by 84.4% in the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 453 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other FormFactor news, Director Kevin J. Brewer sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $96.20, for a total value of $288,600.00. Following the completion of the sale, the director owned 8,105 shares in the company, valued at approximately $779,701. This trade represents a 27.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Aric Brendan Mckinnis sold 3,462 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $90.42, for a total transaction of $313,034.04. Following the completion of the sale, the chief financial officer owned 11,140 shares of the company’s stock, valued at $1,007,278.80. The trade was a 23.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 103,324 shares of company stock worth $8,035,286. 0.90% of the stock is currently owned by insiders.
FormFactor Trading Down 3.7%
FormFactor (NASDAQ:FORM – Get Free Report) last announced its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.35 by $0.11. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The company had revenue of $215.16 million for the quarter, compared to analysts’ expectations of $210.29 million. During the same quarter in the prior year, the business earned $0.27 earnings per share. The business’s revenue for the quarter was up 13.6% on a year-over-year basis. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Analysts predict that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on the company. Loop Capital set a $64.00 price objective on FormFactor in a research note on Tuesday, January 27th. Craig Hallum restated a “buy” rating and issued a $90.00 target price on shares of FormFactor in a research note on Thursday, February 5th. Itau BBA Securities upgraded shares of FormFactor to an “outperform” rating in a research report on Tuesday, January 27th. Wall Street Zen raised shares of FormFactor from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Finally, Evercore boosted their price target on shares of FormFactor from $50.00 to $80.00 and gave the company an “in-line” rating in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, FormFactor currently has an average rating of “Moderate Buy” and a consensus price target of $80.91.
Check Out Our Latest Stock Report on FormFactor
FormFactor Profile
FormFactor, Inc (NASDAQ:FORM) is a leading provider of advanced test and measurement solutions for the semiconductor industry. The company specializes in the design, development and manufacture of high-performance wafer-level and package-level test interfaces used in wafer sort, characterization, reliability and failure analysis applications. By leveraging precision microelectromechanical systems (MEMS) and photolithographic processes, FormFactor delivers probe cards, analytical probes and test sockets that enable device makers to validate next-generation integrated circuits across logic, memory, RF, analog and power applications.
FormFactor’s product portfolio includes custom probe cards for wafer probers, TEM-based analytical probes for material and device characterization, and socket solutions for burn-in and final test of packaged devices.
Further Reading
- Five stocks we like better than FormFactor
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
- Silver paying 20% dividend. Plus 68% share gains
Want to see what other hedge funds are holding FORM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FormFactor, Inc. (NASDAQ:FORM – Free Report).
Receive News & Ratings for FormFactor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FormFactor and related companies with MarketBeat.com's FREE daily email newsletter.
