Savant Capital LLC Lowers Holdings in FormFactor, Inc. $FORM

Savant Capital LLC decreased its position in FormFactor, Inc. (NASDAQ:FORM) by 61.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,057 shares of the semiconductor company’s stock after selling 7,954 shares during the period. Savant Capital LLC’s holdings in FormFactor were worth $282,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FORM. Jones Financial Companies Lllp raised its holdings in FormFactor by 84.4% in the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after buying an additional 453 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in shares of FormFactor by 547.8% in the third quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock worth $38,000 after buying an additional 882 shares in the last quarter. Torren Management LLC purchased a new stake in shares of FormFactor during the fourth quarter valued at approximately $41,000. Clearstead Advisors LLC increased its position in shares of FormFactor by 58.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock valued at $59,000 after acquiring an additional 389 shares in the last quarter. Finally, State of Wyoming increased its position in shares of FormFactor by 18.4% during the third quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock valued at $61,000 after acquiring an additional 261 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on FORM shares. Weiss Ratings raised FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Cantor Fitzgerald restated an “overweight” rating and issued a $175.00 price target on shares of FormFactor in a research note on Monday, April 27th. Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Northland Securities set a $118.00 target price on FormFactor in a research report on Thursday, April 30th. Finally, Wall Street Zen upgraded shares of FormFactor from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $132.45.

FormFactor Stock Down 7.8%

FormFactor stock opened at $116.70 on Friday. FormFactor, Inc. has a one year low of $26.08 and a one year high of $159.09. The stock has a fifty day moving average of $126.72 and a 200 day moving average of $92.69. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.69 and a current ratio of 4.55. The stock has a market cap of $9.10 billion, a PE ratio of 134.14 and a beta of 1.26.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.11. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The business had revenue of $226.14 million for the quarter, compared to analysts’ expectations of $225.54 million. During the same period last year, the firm posted $0.23 earnings per share. The business’s revenue for the quarter was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, sell-side analysts predict that FormFactor, Inc. will post 2.03 EPS for the current year.

Insider Buying and Selling

In related news, Director Sheri Rhodes sold 6,328 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $125.40, for a total transaction of $793,531.20. Following the completion of the sale, the director directly owned 5,375 shares in the company, valued at approximately $674,025. The trade was a 54.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Rebeca Obregon-Jimenez sold 3,828 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $126.47, for a total transaction of $484,127.16. Following the sale, the director directly owned 7,875 shares of the company’s stock, valued at approximately $995,951.25. This represents a 32.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 45,365 shares of company stock valued at $5,412,663 in the last 90 days. 0.79% of the stock is owned by insiders.

About FormFactor

FormFactor, Inc (NASDAQ:FORM) is a leading provider of advanced test and measurement solutions for the semiconductor industry. The company specializes in the design, development and manufacture of high-performance wafer-level and package-level test interfaces used in wafer sort, characterization, reliability and failure analysis applications. By leveraging precision microelectromechanical systems (MEMS) and photolithographic processes, FormFactor delivers probe cards, analytical probes and test sockets that enable device makers to validate next-generation integrated circuits across logic, memory, RF, analog and power applications.

FormFactor’s product portfolio includes custom probe cards for wafer probers, TEM-based analytical probes for material and device characterization, and socket solutions for burn-in and final test of packaged devices.