Pallas Capital Advisors LLC Invests $279,000 in FormFactor, Inc. $FORM

Key Points

• Pallas Capital Advisors LLC made a new investment in FormFactor, Inc., acquiring 8,101 shares valued at approximately $279,000 in the 2nd quarter.
• FormFactor recently reported $0.27 EPS for the last quarter, missing analysts' estimates and showing a 0.8% year-over-year revenue decline.
• Institutional investors own 98.76% of FormFactor's stock, highlighting significant interest in the company from larger funds and investment firms.

Pallas Capital Advisors LLC acquired a new stake in FormFactor, Inc. (NASDAQ:FORM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,101 shares of the semiconductor company's stock, valued at approximately $279,000.

Other institutional investors have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB lifted its stake in shares of FormFactor by 282.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 741 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 547 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of FormFactor during the 4th quarter worth approximately $27,000. AlphaQuest LLC lifted its stake in shares of FormFactor by 96,900.0% during the 1st quarter. AlphaQuest LLC now owns 970 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 969 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of FormFactor by 256.3% during the 1st quarter. Versant Capital Management Inc now owns 1,197 shares of the semiconductor company's stock worth $34,000 after acquiring an additional 861 shares during the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of FormFactor during the 1st quarter worth approximately $42,000. 98.76% of the stock is owned by institutional investors.

FormFactor Trading Up 7.0%

FORM traded up $2.47 during trading on Monday, hitting $37.70. 1,525,590 shares of the stock were exchanged, compared to its average volume of 674,708. FormFactor, Inc. has a 1 year low of $22.58 and a 1 year high of $50.79. The firm has a 50 day simple moving average of $31.04 and a 200 day simple moving average of $31.00. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of 67.32 and a beta of 1.24. 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 announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by ($0.03). FormFactor had a net margin of 5.75% and a return on equity of 5.57%. The company had revenue of $195.80 million during the quarter, compared to analysts' expectations of $190.17 million. During the same quarter in the prior year, the business posted $0.35 earnings per share. The company's revenue 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, equities analysts expect that FormFactor, Inc. will post 0.9 EPS for the current year.

Wall Street Analysts Forecast Growth

FORM has been the subject of a number of research analyst reports. Stifel Nicolaus decreased their price target on FormFactor from $34.00 to $31.00 and set a "hold" rating for the company in a research note on Thursday, July 31st. Wall Street Zen raised FormFactor from a "sell" rating to a "hold" rating in a research note on Saturday. Finally, Citigroup reissued a "neutral" rating and set a $31.00 price target (down from $36.00) on shares of FormFactor in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, FormFactor has a consensus rating of "Hold" and a consensus price target of $38.29.

Insiders Place Their Bets

In other news, Director Rebeca Obregon-Jimenez sold 4,000 shares of FormFactor stock in a transaction 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 transaction, the director directly owned 13,126 shares in the company, valued at approximately $387,873.30. This trade represents a 23.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 value of $109,548.00. Following the completion of the transaction, the director owned 35,479 shares in the company, valued at $1,079,625.97. This represents a 9.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.96% of the company's stock.

FormFactor Company Profile

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.