Campbell & CO Investment Adviser LLC Purchases Shares of 52,027 FormFactor, Inc. $FORM

Campbell & CO Investment Adviser LLC acquired a new stake in shares of FormFactor, Inc. (NASDAQ:FORM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 52,027 shares of the semiconductor company’s stock, valued at approximately $1,790,000. Campbell & CO Investment Adviser LLC owned about 0.07% of FormFactor at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bank of New York Mellon Corp grew its holdings in FormFactor by 170.2% in the second quarter. Bank of New York Mellon Corp now owns 2,094,421 shares of the semiconductor company’s stock valued at $72,069,000 after purchasing an additional 1,319,345 shares during the period. Westfield Capital Management Co. LP acquired a new position in shares of FormFactor in the 1st quarter valued at $25,838,000. Massachusetts Financial Services Co. MA boosted its holdings in shares of FormFactor by 82.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,963,727 shares of the semiconductor company’s stock valued at $55,554,000 after purchasing an additional 885,617 shares during the last quarter. Reinhart Partners LLC. grew its stake in shares of FormFactor by 64.8% during the 2nd quarter. Reinhart Partners LLC. now owns 1,904,698 shares of the semiconductor company’s stock valued at $65,541,000 after buying an additional 749,088 shares during the period. Finally, Select Equity Group L.P. increased its holdings in shares of FormFactor by 459.5% during the 1st quarter. Select Equity Group L.P. now owns 345,782 shares of the semiconductor company’s stock worth $9,782,000 after buying an additional 283,983 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

FormFactor Price Performance

FORM stock opened at $53.55 on Tuesday. The firm has a market cap of $4.15 billion, a P/E ratio of 102.98 and a beta of 1.37. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.24. FormFactor, Inc. has a 1 year low of $22.58 and a 1 year high of $61.10. The stock has a 50-day simple moving average of $39.85 and a 200-day simple moving average of $34.74.

FormFactor (NASDAQ:FORM) last released its quarterly earnings results on Wednesday, October 29th. The semiconductor company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.08. FormFactor had a return on equity of 5.16% and a net margin of 5.38%.The firm had revenue of $202.68 million during the quarter, compared to analysts’ expectations of $199.97 million. During the same quarter in the prior year, the business earned $0.35 EPS. FormFactor’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. On average, equities analysts predict that FormFactor, Inc. will post 0.9 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the company’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $29.55, for a total value of $118,200.00. Following the completion of the transaction, the director directly owned 13,126 shares of the company’s stock, valued at $387,873.30. This represents a 23.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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 value of $109,548.00. Following the sale, the director owned 35,479 shares of the company’s stock, valued at $1,079,625.97. This represents a 9.21% 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.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FORM. B. Riley reiterated a “buy” rating on shares of FormFactor in a report on Thursday, October 30th. Evercore ISI upped their price target on FormFactor from $31.00 to $50.00 and gave the stock an “in-line” rating in a research note on Thursday, October 30th. Zacks Research raised FormFactor from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. Northland Securities set a $44.00 target price on FormFactor in a report on Thursday, October 30th. Finally, Stifel Nicolaus set a $42.00 target price on shares of FormFactor in a research report on Thursday, October 30th. Three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $50.00.

About FormFactor

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.