FormFactor, Inc. (NASDAQ:FORM) Receives Average Rating of "Hold" from Analysts

Key Points

• FormFactor, Inc. (NASDAQ:FORM) has received an average analyst rating of "Hold", with seven analysts providing hold recommendations and two issuing buy recommendations. The consensus price target is $41.00.
• Recent insider sales include Director Kelley Steven-Waiss selling 3,600 shares for approximately $109,548 and Director Rebeca Obregon-Jimenez selling 4,000 shares for about $118,200, reflecting significant decreases in their ownership.
• Institutional investors have increased their positions in FormFactor, with Reinhart Partners LLC raising their stake by 64.8% during the second quarter, reflecting growing confidence in the company.

Shares of FormFactor, Inc. (NASDAQ:FORM - Get Free Report) have received an average rating of "Hold" from the nine brokerages that are presently covering the firm, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $41.00.

FORM has been the subject of a number of analyst reports. Stifel Nicolaus increased their price target on FormFactor from $31.00 to $35.00 and gave the stock a "hold" rating in a research note on Monday, October 13th. Zacks Research upgraded FormFactor from a "strong sell" rating to a "hold" rating in a research note on Monday, October 20th. B. Riley upgraded FormFactor from a "neutral" rating to a "buy" rating and increased their price target for the stock from $34.00 to $47.00 in a research note on Friday, October 10th. Weiss Ratings reiterated a "hold (c)" rating on shares of FormFactor in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded FormFactor from a "sell" rating to a "hold" rating in a research note on Saturday, September 20th.

Insider Transactions at FormFactor

In other news, Director Kelley Steven-Waiss sold 3,600 shares of the firm's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $30.43, for a total transaction 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 trade represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Rebeca Obregon-Jimenez sold 4,000 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $29.55, for a total value of $118,200.00. Following the transaction, the director owned 13,126 shares of the company's stock, valued at approximately $387,873.30. The trade was a 23.36% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Reinhart Partners LLC. grew its position in shares of FormFactor by 64.8% during the second quarter. Reinhart Partners LLC. now owns 1,904,698 shares of the semiconductor company's stock valued at $65,541,000 after purchasing an additional 749,088 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in shares of FormFactor by 54.7% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 162,464 shares of the semiconductor company's stock valued at $5,590,000 after acquiring an additional 57,470 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of FormFactor by 52.3% in the 1st quarter. GAMMA Investing LLC now owns 5,279 shares of the semiconductor company's stock valued at $149,000 after acquiring an additional 1,813 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of FormFactor in the 2nd quarter valued at about $583,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of FormFactor by 104.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 15,245 shares of the semiconductor company's stock valued at $431,000 after acquiring an additional 7,787 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

FormFactor Trading Up 0.8%

Shares of FORM stock opened at $43.17 on Friday. FormFactor has a 52-week low of $22.58 and a 52-week high of $50.79. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.24. The firm has a market capitalization of $3.33 billion, a PE ratio of 77.09 and a beta of 1.28. The stock has a fifty day simple moving average of $34.77 and a two-hundred day simple moving average of $32.64.

FormFactor (NASDAQ:FORM - Get Free Report) last issued 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 return on equity of 5.57% and a net margin of 5.75%.The business had revenue of $195.80 million during the quarter, compared to analysts' expectations of $190.17 million. During the same quarter in the previous year, the company posted $0.35 EPS. The company'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. On average, analysts predict that FormFactor will post 0.9 EPS for the current fiscal year.

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.

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