Savant Capital LLC Lowers Stock Position in FormFactor, Inc. $FORM

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

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FORM. Jones Financial Companies Lllp raised its stake in FormFactor by 84.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 453 shares during the period. Hantz Financial Services Inc. boosted its position 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 purchasing an additional 882 shares during the period. Torren Management LLC purchased a new stake in shares of FormFactor in the fourth quarter worth $41,000. Clearstead Advisors LLC increased its stake in shares of FormFactor by 58.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 389 shares in the last quarter. Finally, State of Wyoming raised its position in shares of FormFactor by 18.4% during the 3rd quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock valued at $61,000 after purchasing an additional 261 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other FormFactor news, Director Dennis Thomas St sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $115.84, for a total transaction of $115,840.00. Following the completion of the transaction, the director owned 31,873 shares in the company, valued at $3,692,168.32. This trade represents a 3.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Rebeca Obregon-Jimenez sold 3,828 shares of FormFactor stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $126.47, for a total value of $484,127.16. Following the completion of the sale, the director directly owned 7,875 shares in the company, valued at approximately $995,951.25. The trade was a 32.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 45,365 shares of company stock valued at $5,412,663 in the last ninety days. Company insiders own 0.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Wall Street Zen raised shares of FormFactor from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Cantor Fitzgerald reissued an “overweight” rating and set a $175.00 price target on shares of FormFactor in a report on Monday, April 27th. Craig Hallum upgraded FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective on the stock in a research report on Tuesday, May 12th. TD Cowen increased their target price on FormFactor from $80.00 to $150.00 and gave the stock a “hold” rating in a research report on Thursday, April 30th. Finally, Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $132.45.

FormFactor Stock Performance

FORM opened at $116.70 on Friday. 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 capitalization of $9.10 billion, a price-to-earnings ratio of 134.14 and a beta of 1.26. The company has a fifty day moving average of $126.72 and a 200 day moving average of $92.69. FormFactor, Inc. has a fifty-two week low of $26.08 and a fifty-two week high of $159.09.

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

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.