16,103 Shares in FormFactor, Inc. $FORM Acquired by Wealth Enhancement Advisory Services LLC

Key Points

• Wealth Enhancement Advisory Services LLC acquired 16,103 shares of FormFactor, Inc., valued at approximately $583,000, as part of its new position in the semiconductor company's stock.
• FormFactor reported a net margin of 5.75% and earnings per share (EPS) of $0.27 for its last quarter, missing expectations, with projected EPS guidance for Q3 2025 set between 0.210-0.290.
• Institutional investors and hedge funds own 98.76% of FormFactor's stock, reflecting significant financial interest and involvement from larger entities.

Wealth Enhancement Advisory Services LLC purchased a new position in shares of FormFactor, Inc. (NASDAQ:FORM - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,103 shares of the semiconductor company's stock, valued at approximately $583,000.

Other institutional investors have also recently bought and sold shares of the company. CWM LLC boosted its holdings in shares of FormFactor by 19.9% in the first 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 period. MassMutual Private Wealth & Trust FSB raised its position 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 acquiring an additional 547 shares in the last quarter. Victory Capital Management Inc. raised its position in FormFactor by 2.8% during the first quarter. Victory Capital Management Inc. now owns 21,643 shares of the semiconductor company's stock worth $612,000 after acquiring an additional 599 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of FormFactor in the fourth quarter valued at about $27,000. Finally, HighTower Advisors LLC raised its position in shares of FormFactor by 3.9% in the first quarter. HighTower Advisors LLC now owns 18,685 shares of the semiconductor company's stock valued at $529,000 after purchasing an additional 709 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

Insider Buying and Selling at FormFactor

In related news, Director Rebeca Obregon-Jimenez sold 4,000 shares of FormFactor stock in a transaction 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 completion of the sale, 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 document filed with the SEC, which can be accessed through the SEC website. Also, Director Kelley Steven-Waiss sold 3,600 shares of FormFactor stock in a transaction on Friday, September 12th. The shares were 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 approximately $1,079,625.97. The trade was a 9.21% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.90% of the company's stock.

FormFactor Stock Performance

NASDAQ:FORM opened at $39.69 on Friday. The company has a fifty day moving average of $31.44 and a 200-day moving average of $31.34. FormFactor, Inc. has a twelve month low of $22.58 and a twelve month high of $50.79. The company has a quick ratio of 3.34, a current ratio of 4.24 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $3.06 billion, a P/E ratio of 70.88 and a beta of 1.28.

FormFactor (NASDAQ:FORM - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.03). FormFactor had a net margin of 5.75% and a return on equity of 5.57%. The business had revenue of $195.80 million during the quarter, compared to analyst estimates of $190.17 million. During the same period in the previous year, the business posted $0.35 EPS. The business'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. As a group, sell-side analysts anticipate that FormFactor, Inc. will post 0.9 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FORM. Citigroup reaffirmed a "neutral" rating and set a $31.00 price target (down from $36.00) on shares of FormFactor in a research report on Thursday, August 21st. Stifel Nicolaus reduced their price target on shares of FormFactor from $34.00 to $31.00 and set a "hold" rating on the stock in a research note on Thursday, July 31st. Weiss Ratings restated a "hold (c)" rating on shares of FormFactor in a research note on Saturday, September 27th. Finally, Wall Street Zen upgraded shares of FormFactor from a "sell" rating to a "hold" rating in a research note on Saturday, September 20th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $38.29.

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.

Want to see what other hedge funds are holding FORM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FormFactor, Inc. (NASDAQ:FORM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.