Strs Ohio Purchases Shares of 15,400 FormFactor, Inc. $FORM

Strs Ohio bought a new position in FormFactor, Inc. (NASDAQ:FORM - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 15,400 shares of the semiconductor company's stock, valued at approximately $436,000.

Other large investors have also recently made changes to their positions in the company. Public Employees Retirement System of Ohio bought a new stake in shares of FormFactor in the fourth quarter worth about $27,000. AlphaQuest LLC increased its holdings in shares of FormFactor by 96,900.0% in the first quarter. AlphaQuest LLC now owns 970 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 969 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of FormFactor by 256.3% in the first quarter. Versant Capital Management Inc now owns 1,197 shares of the semiconductor company's stock worth $34,000 after purchasing an additional 861 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of FormFactor in the first quarter worth about $42,000. Finally, CWM LLC increased 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 worth $65,000 after purchasing an additional 382 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

FormFactor Stock Up 7.0%

Shares of NASDAQ:FORM opened at $37.70 on Tuesday. FormFactor, Inc. has a 1 year low of $22.58 and a 1 year high of $50.79. The business has a 50 day simple moving average of $31.04 and a two-hundred day simple moving average of $31.00. The firm has a market capitalization of $2.91 billion, a PE ratio of 67.32 and a beta of 1.24. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.24 and a quick ratio of 3.34.

FormFactor (NASDAQ:FORM - Get Free Report) last announced its 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). The business 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 firm's quarterly revenue was down .8% on a year-over-year basis. During the same quarter last year, the firm earned $0.35 EPS. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. On average, equities analysts predict that FormFactor, Inc. will post 0.9 EPS for the current year.

Insider Buying and Selling

In related news, Director Kelley Steven-Waiss sold 3,600 shares of the company's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $30.43, for a total value of $109,548.00. Following the transaction, the director directly owned 35,479 shares of the company's stock, valued at $1,079,625.97. This represents a 9.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Rebeca Obregon-Jimenez sold 4,000 shares of the company's 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 transaction, the director directly owned 13,126 shares in the company, valued at approximately $387,873.30. The trade was a 23.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.96% of the company's stock.

Wall Street Analysts Forecast Growth

FORM has been the topic of several research reports. Wall Street Zen raised FormFactor from a "sell" rating to a "hold" rating in a report on Saturday. Stifel Nicolaus reduced their price objective on FormFactor from $34.00 to $31.00 and set a "hold" rating on the stock in a research note on Thursday, July 31st. Finally, Citigroup reissued a "neutral" rating and set a $31.00 price objective (down from $36.00) on shares of FormFactor in a research note on Thursday, August 21st. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $38.29.

FormFactor 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.

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