Decker Retirement Planning Inc. bought a new stake in FormFactor, Inc. (NASDAQ:FORM – Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 38,348 shares of the semiconductor company’s stock, valued at approximately $3,719,000. FormFactor accounts for about 1.7% of Decker Retirement Planning Inc.’s investment portfolio, making the stock its 21st biggest holding.
Several other institutional investors and hedge funds have also recently bought and sold shares of FORM. Los Angeles Capital Management LLC purchased a new position in FormFactor during the fourth quarter worth approximately $25,000. UMB Bank n.a. boosted its holdings in shares of FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 281 shares during the last quarter. Torren Management LLC purchased a new stake in shares of FormFactor during the 4th quarter valued at $41,000. Kestra Advisory Services LLC acquired a new stake in shares of FormFactor during the 4th quarter worth $53,000. Finally, Clearstead Advisors LLC raised its position in shares of FormFactor by 58.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock worth $59,000 after buying an additional 389 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts recently weighed in on FORM shares. Weiss Ratings upgraded FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Cantor Fitzgerald restated an “overweight” rating and set a $175.00 price target on shares of FormFactor in a research note on Monday, April 27th. Citigroup raised their price objective on FormFactor to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Stifel Nicolaus set a $135.00 price objective on FormFactor in a research note on Thursday, April 30th. Finally, Evercore raised shares of FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 target price for the company in a research report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.45.
Insiders Place Their Bets
In related news, CEO Mike Slessor sold 11,890 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $121.35, for a total transaction of $1,442,851.50. Following the sale, the chief executive officer directly owned 435,147 shares in the company, valued at approximately $52,805,088.45. This trade represents a 2.66% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dennis Thomas St sold 2,800 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $151.49, for a total value of $424,172.00. Following the transaction, the director directly owned 29,073 shares in the company, valued at $4,404,268.77. This trade represents a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 49,828 shares of company stock valued at $6,306,587. Company insiders own 0.79% of the company’s stock.
FormFactor Stock Performance
NASDAQ:FORM opened at $148.75 on Friday. The firm’s fifty day simple moving average is $135.30 and its 200 day simple moving average is $101.48. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a twelve month low of $26.08 and a twelve month high of $159.09. The firm has a market capitalization of $11.60 billion, a price-to-earnings ratio of 170.98 and a beta of 1.26.
FormFactor (NASDAQ:FORM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.11. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The firm had revenue of $226.14 million during the quarter, compared to the consensus estimate of $225.54 million. During the same period in the prior year, the firm earned $0.23 EPS. The firm’s quarterly revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, equities research analysts expect that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.
About FormFactor
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.
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