Fox Run Management L.L.C. Buys Shares of 23,945 FormFactor, Inc. $FORM

Fox Run Management L.L.C. bought a new position in FormFactor, Inc. (NASDAQ:FORM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 23,945 shares of the semiconductor company’s stock, valued at approximately $824,000.

Several other institutional investors have also made changes to their positions in the company. CWM LLC increased its holdings in FormFactor by 19.9% in the first quarter. CWM LLC now owns 2,303 shares of the semiconductor company’s stock worth $65,000 after buying an additional 382 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in shares of 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 purchasing an additional 547 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of FormFactor by 2.8% during the 1st quarter. Victory Capital Management Inc. now owns 21,643 shares of the semiconductor company’s stock valued at $612,000 after purchasing an additional 599 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of FormFactor by 27.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,866 shares of the semiconductor company’s stock valued at $99,000 after purchasing an additional 617 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings in FormFactor by 3.9% in the first quarter. HighTower Advisors LLC now owns 18,685 shares of the semiconductor company’s stock worth $529,000 after purchasing an additional 709 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other FormFactor news, Director Kelley Steven-Waiss sold 3,600 shares of the firm’s stock in a transaction that occurred 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 sale, the director owned 35,479 shares in the company, 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 the SEC website. Also, Director Rebeca Obregon-Jimenez sold 4,000 shares of the business’s stock in a transaction that occurred 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 owned 13,126 shares in the company, valued at approximately $387,873.30. This represents a 23.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.90% of the stock is currently owned by company insiders.

FormFactor Stock Down 3.6%

FORM opened at $52.25 on Monday. The business has a 50 day moving average of $39.36 and a 200-day moving average of $34.56. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 100.48 and a beta of 1.37. The company has a current ratio of 4.24, a quick ratio of 3.34 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 $61.10.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, October 29th. The semiconductor company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.25 by $0.08. FormFactor had a net margin of 5.38% and a return on equity of 5.16%. The firm had revenue of $202.68 million during the quarter, compared to analysts’ expectations of $199.97 million. During the same period in the prior year, the company earned $0.35 EPS. The business’s quarterly revenue was down 2.5% compared to the same quarter last year. FormFactor has set its Q4 2025 guidance at 0.310-0.390 EPS. As a group, sell-side analysts anticipate that FormFactor, Inc. will post 0.9 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Citigroup upgraded FormFactor from a “neutral” rating to a “buy” rating and raised their target price for the company from $31.00 to $62.00 in a report on Thursday, October 30th. Evercore ISI raised their price objective on FormFactor from $31.00 to $50.00 and gave the company an “in-line” rating in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a research report on Wednesday, October 8th. DA Davidson set a $55.00 price target on shares of FormFactor in a research report on Thursday, October 30th. Finally, Cowen reaffirmed a “hold” rating on shares of FormFactor in a report on Thursday, October 30th. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, FormFactor currently has an average rating of “Hold” and an average price target of $50.00.

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.