Capital Fund Management S.A. Has $1.80 Million Holdings in FormFactor, Inc. $FORM

Key Points

• Capital Fund Management S.A. significantly increased its stake in FormFactor by 107.3%, acquiring an additional 32,877 shares, bringing its total to 63,523 shares valued at approximately $1.8 million.
• FormFactor has experienced various target price adjustments from analysts, with Stifel Nicolaus lowering their target from $34 to $31, while there are currently one Buy rating and six Hold ratings for the stock.
• FormFactor's recent quarterly results showed an earnings per share (EPS) of $0.27, which was below expectations, and the company's revenue decreased by 0.8% year-over-year.

Capital Fund Management S.A. boosted its stake in shares of FormFactor, Inc. (NASDAQ:FORM - Free Report) by 107.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 63,523 shares of the semiconductor company's stock after acquiring an additional 32,877 shares during the quarter. Capital Fund Management S.A. owned approximately 0.08% of FormFactor worth $1,797,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Marshall Wace LLP acquired a new position in shares of FormFactor during the fourth quarter worth approximately $377,000. Dimensional Fund Advisors LP lifted its stake in shares of FormFactor by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,101,816 shares of the semiconductor company's stock valued at $92,490,000 after acquiring an additional 109,995 shares during the period. MetLife Investment Management LLC lifted its stake in shares of FormFactor by 4.5% during the fourth quarter. MetLife Investment Management LLC now owns 46,641 shares of the semiconductor company's stock valued at $2,052,000 after acquiring an additional 1,990 shares during the period. Stifel Financial Corp lifted its position in FormFactor by 21.5% during the 4th quarter. Stifel Financial Corp now owns 29,118 shares of the semiconductor company's stock valued at $1,281,000 after purchasing an additional 5,151 shares during the period. Finally, Susquehanna Fundamental Investments LLC acquired a new position in FormFactor in the fourth quarter valued at approximately $1,501,000. Institutional investors own 98.76% of the company's stock.

Insider Activity

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 4,000 shares of FormFactor stock in a transaction dated Wednesday, August 13th. The stock was 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 of the company's stock, valued at $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 is available through the SEC website. 0.96% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on FORM. Wall Street Zen downgraded FormFactor from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Citigroup reissued a "neutral" rating and issued a $31.00 target price (down previously from $36.00) on shares of FormFactor in a research note on Thursday, August 21st. Finally, Stifel Nicolaus cut their target price on FormFactor from $34.00 to $31.00 and set a "hold" rating on the stock in a research note on Thursday, July 31st. One analyst has rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $38.29.

FormFactor Stock Down 1.2%

Shares of NASDAQ FORM traded down $0.35 during mid-day trading on Friday, reaching $29.19. 478,898 shares of the company's stock were exchanged, compared to its average volume of 811,377. The firm has a market capitalization of $2.25 billion, a price-to-earnings ratio of 52.13 and a beta of 1.24. The company has a current ratio of 4.24, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $32.37 and a 200 day simple moving average of $31.39. FormFactor, Inc. has a twelve month low of $22.58 and a twelve month high of $50.79.

FormFactor (NASDAQ:FORM - Get Free Report) last announced its earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.03). FormFactor had a return on equity of 5.57% and a net margin of 5.75%.The company had revenue of $195.80 million for the quarter, compared to analyst estimates of $190.17 million. During the same quarter last year, the business posted $0.35 earnings per share. The business's quarterly revenue was down .8% on a year-over-year basis. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. As a group, equities analysts expect that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

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.