Allspring Global Investments Holdings LLC Has $16.04 Million Stock Holdings in FormFactor, Inc. $FORM

Allspring Global Investments Holdings LLC boosted its position in shares of FormFactor, Inc. (NASDAQ:FORM) by 62.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 459,253 shares of the semiconductor company’s stock after buying an additional 175,994 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in FormFactor were worth $16,042,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in 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 period. AlphaQuest LLC lifted its stake in shares of FormFactor by 96,900.0% in the 1st quarter. AlphaQuest LLC now owns 970 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 969 shares during the period. Headlands Technologies LLC acquired a new position in shares of FormFactor in the 1st quarter valued at $42,000. CWM LLC lifted its stake in shares of FormFactor by 19.9% in the 1st quarter. CWM LLC now owns 2,303 shares of the semiconductor company’s stock valued at $65,000 after purchasing an additional 382 shares during the period. Finally, LRI Investments LLC lifted its stake in shares of FormFactor by 1,205.7% in the 2nd quarter. LRI Investments LLC now owns 3,186 shares of the semiconductor company’s stock valued at $110,000 after purchasing an additional 2,942 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on FORM shares. Stifel Nicolaus increased their price target on FormFactor from $31.00 to $35.00 and gave the company a “hold” rating in a research note on Monday. B. Riley upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $34.00 to $47.00 in a research report on Friday, October 10th. Wall Street Zen upgraded shares of FormFactor from a “sell” rating to a “hold” rating in a research report on Saturday, September 20th. Citigroup restated a “neutral” rating and issued a $31.00 price objective (down previously from $36.00) on shares of FormFactor in a research report on Thursday, August 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of FormFactor in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $41.00.

FormFactor Price Performance

FORM stock opened at $42.05 on Friday. The stock has a 50-day moving average price of $33.43 and a two-hundred day moving average price of $32.02. The stock has a market cap of $3.24 billion, a PE ratio of 75.09 and a beta of 1.28. The company has a current ratio of 4.24, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 1 year low of $22.58 and a 1 year high of $50.79.

FormFactor (NASDAQ:FORM) last released its 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). The firm had revenue of $195.80 million for the quarter, compared to the consensus estimate of $190.17 million. FormFactor had a return on equity of 5.57% and a net margin of 5.75%.FormFactor’s revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the company posted $0.35 EPS. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. Equities analysts forecast that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Insider Transactions at FormFactor

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $29.55, for a total transaction of $118,200.00. Following the completion of the transaction, the director owned 13,126 shares in the company, valued at approximately $387,873.30. This represents a 23.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kelley Steven-Waiss sold 3,600 shares of the stock in a transaction dated 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 owned 35,479 shares of the company’s stock, valued at approximately $1,079,625.97. This trade represents a 9.21% decrease in their position. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by corporate insiders.

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.