FormFactor, Inc. $FORM Position Reduced by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC trimmed its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 1.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,057 shares of the semiconductor company’s stock after selling 486 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in FormFactor were worth $1,516,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FORM. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of FormFactor by 282.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 741 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 547 shares during the period. AlphaQuest LLC grew its position in shares of 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 buying an additional 969 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of FormFactor during the 1st quarter valued at about $42,000. CWM LLC grew its position in shares of FormFactor by 19.9% during the 1st quarter. CWM LLC now owns 2,303 shares of the semiconductor company’s stock valued at $65,000 after buying an additional 382 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of FormFactor by 52.3% during 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 last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on FORM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a research report on Saturday, September 27th. Wall Street Zen raised shares of FormFactor from a “sell” rating to a “hold” rating in a research report on Saturday, September 20th. Citigroup reaffirmed 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. Finally, Stifel Nicolaus dropped their price objective on shares of FormFactor from $34.00 to $31.00 and set a “hold” rating on the stock in a report on Thursday, July 31st. One investment analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, FormFactor has a consensus rating of “Hold” and a consensus price target of $38.29.

FormFactor Stock Up 7.3%

FORM stock opened at $42.57 on Tuesday. The company has a quick ratio of 3.34, a current ratio of 4.24 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a fifty-two week low of $22.58 and a fifty-two week high of $50.79. The firm’s 50-day simple moving average is $31.59 and its 200 day simple moving average is $31.41. The stock has a market cap of $3.28 billion, a PE ratio of 76.02 and a beta of 1.28.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.03). The company had revenue of $195.80 million for the quarter, compared to analyst estimates of $190.17 million. FormFactor had a net margin of 5.75% and a return on equity of 5.57%. The firm’s quarterly revenue was down .8% on a year-over-year basis. During the same period in the previous year, the business posted $0.35 EPS. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. As a group, sell-side analysts predict that FormFactor, Inc. will post 0.9 EPS for the current year.

Insider Activity

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $29.55, for a total transaction of $118,200.00. Following the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kelley Steven-Waiss sold 3,600 shares of the firm’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $30.43, for a total transaction of $109,548.00. Following the transaction, the director directly owned 35,479 shares in the company, valued at approximately $1,079,625.97. The trade was a 9.21% decrease in their position. The disclosure for this sale can be found here. 0.96% 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.