Deutsche Bank AG Grows Position in FormFactor, Inc. $FORM

Deutsche Bank AG boosted its holdings in FormFactor, Inc. (NASDAQ:FORM - Free Report) by 28.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 173,684 shares of the semiconductor company's stock after buying an additional 38,718 shares during the quarter. Deutsche Bank AG owned approximately 0.23% of FormFactor worth $4,914,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Public Employees Retirement System of Ohio acquired a new stake in FormFactor in the fourth quarter valued at about $27,000. Versant Capital Management Inc raised its position in FormFactor by 256.3% in the first quarter. Versant Capital Management Inc now owns 1,197 shares of the semiconductor company's stock valued at $34,000 after purchasing an additional 861 shares during the last quarter. CWM LLC raised its position in 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 purchasing an additional 382 shares during the last quarter. GAMMA Investing LLC raised its position in FormFactor by 52.3% in the first quarter. GAMMA Investing LLC now owns 5,279 shares of the semiconductor company's stock valued at $149,000 after purchasing an additional 1,813 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in FormFactor in the fourth quarter valued at about $202,000. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on FORM. DA Davidson dropped their target price on FormFactor from $50.00 to $45.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Needham & Company LLC reiterated a "hold" rating on shares of FormFactor in a report on Thursday, May 1st. Evercore ISI reduced their price objective on FormFactor from $43.00 to $33.00 and set an "in-line" rating for the company in a research note on Thursday, May 1st. B. Riley lifted their target price on FormFactor from $26.00 to $32.00 and gave the company a "neutral" rating in a research report on Thursday, May 1st. Finally, Citigroup reaffirmed a "neutral" rating and set a $31.00 target price (down previously from $36.00) on shares of FormFactor in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $38.29.

FormFactor Trading Up 5.9%

FORM stock traded up $1.6550 during trading on Friday, hitting $29.5050. 191,674 shares of the company traded hands, compared to its average volume of 827,575. The firm has a market capitalization of $2.28 billion, a PE ratio of 52.69 and a beta of 1.16. FormFactor, Inc. has a 1 year low of $22.58 and a 1 year high of $51.68. The company has a 50-day moving average of $32.88 and a 200-day moving average of $31.80. 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 (NASDAQ:FORM - Get Free Report) last issued its earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.03). The company had revenue of $195.80 million for the quarter, compared to analysts' expectations of $190.17 million. FormFactor had a net margin of 5.75% and a return on equity of 5.57%. The company's revenue was down .8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.35 earnings per share. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. Analysts predict that FormFactor, Inc. will post 0.9 earnings per share for the current fiscal year.

Insider Activity at FormFactor

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was 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 in the company, valued at approximately $387,873.30. This trade represents a 23.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Dennis Thomas St sold 3,000 shares of the stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $31.24, for a total value of $93,720.00. Following the completion of the sale, the director owned 40,957 shares of the company's stock, valued at approximately $1,279,496.68. This trade represents a 6.82% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.90% of the company's stock.

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.