FormFactor, Inc. $FORM Shares Purchased by LRI Investments LLC

LRI Investments LLC grew its holdings in shares of FormFactor, Inc. (NASDAQ:FORM) by 1,205.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,186 shares of the semiconductor company’s stock after buying an additional 2,942 shares during the quarter. LRI Investments LLC’s holdings in FormFactor were worth $110,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB lifted its stake in FormFactor by 282.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 741 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 547 shares during the last quarter. AlphaQuest LLC lifted its stake in FormFactor by 96,900.0% during the first quarter. AlphaQuest LLC now owns 970 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 969 shares during the last quarter. Headlands Technologies LLC bought a new position in FormFactor during the first quarter worth $42,000. CWM LLC lifted its stake in FormFactor by 19.9% during the first quarter. CWM LLC now owns 2,303 shares of the semiconductor company’s stock worth $65,000 after purchasing an additional 382 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in FormFactor by 52.3% during the first quarter. GAMMA Investing LLC now owns 5,279 shares of the semiconductor company’s stock worth $149,000 after purchasing an additional 1,813 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at FormFactor

In other news, Director Kelley Steven-Waiss sold 3,600 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was 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 of the company’s stock, valued at $1,079,625.97. This trade represents a 9.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Rebeca Obregon-Jimenez sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was 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 of the company’s stock, valued at $387,873.30. This trade represents a 23.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Wall Street Zen upgraded FormFactor from a “sell” rating to a “hold” rating in a research note on Saturday, September 20th. Stifel Nicolaus raised their price objective on FormFactor from $31.00 to $35.00 and gave the stock a “hold” rating in a research note on Monday. B. Riley raised FormFactor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $34.00 to $47.00 in a research report on Friday. Citigroup reaffirmed a “neutral” rating and issued a $31.00 target price (down from $36.00) on shares of FormFactor in a research report on Thursday, August 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, FormFactor currently has a consensus 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 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 1-year low of $22.58 and a 1-year high of $50.79. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 71.93 and a beta of 1.28. The stock has a fifty day simple moving average of $32.35 and a 200 day simple moving average of $31.70.

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 analysts’ consensus estimates of $0.30 by ($0.03). FormFactor had a net margin of 5.75% and a return on equity of 5.57%. The company had revenue of $195.80 million during the quarter, compared to analyst estimates of $190.17 million. During the same quarter last year, the business earned $0.35 EPS. The company’s revenue for the quarter was down .8% compared to the same quarter last year. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. Sell-side analysts forecast that FormFactor, Inc. will post 0.9 earnings per share for the current year.

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.