The average one-year price target for FormFactor (NASDAQ:FORM) has been revised to 40.09 / share. This is an increase of 10.70% from the prior estimate of 36.21 dated August 1, 2023.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 33.33 to a high of 52.50 / share. The average price target represents an increase of 12.85% from the latest reported closing price of 35.52 / share.
What is the Fund Sentiment?
There are 532 funds or institutions reporting positions in FormFactor. This is a decrease of 5 owner(s) or 0.93% in the last quarter. Average portfolio weight of all funds dedicated to FORM is 0.17%, an increase of 7.12%. Total shares owned by institutions decreased in the last three months by 1.18% to 88,594K shares. 
The put/call ratio of FORM is 0.10, indicating a bullish outlook.
What are Other Shareholders Doing?
Earnest Partners holds 6,372K shares representing 8.21% ownership of the company. In it's prior filing, the firm reported owning 7,098K shares, representing a decrease of 11.39%. The firm decreased its portfolio allocation in FORM by 6.78% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 5,413K shares representing 6.97% ownership of the company. In it's prior filing, the firm reported owning 5,618K shares, representing a decrease of 3.80%. The firm increased its portfolio allocation in FORM by 0.24% over the last quarter.
Alliancebernstein holds 3,485K shares representing 4.49% ownership of the company. In it's prior filing, the firm reported owning 2,807K shares, representing an increase of 19.46%. The firm increased its portfolio allocation in FORM by 27.15% over the last quarter.
Primecap Management holds 3,066K shares representing 3.95% ownership of the company. In it's prior filing, the firm reported owning 3,087K shares, representing a decrease of 0.66%. The firm increased its portfolio allocation in FORM by 2.28% over the last quarter.
Bank Of America holds 2,488K shares representing 3.20% ownership of the company. In it's prior filing, the firm reported owning 2,426K shares, representing an increase of 2.49%. The firm increased its portfolio allocation in FORM by 12.44% over the last quarter.
FormFactor Background Information
(This description is provided by the company.)
FormFactor, Inc. is a leading provider of essential test and measurement technologies along the full IC life cycle - from metrology and inspection, characterization, modeling, reliability, and design de-bug, to qualification and production test. Semiconductor companies rely upon FormFactor's products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America.
Additional reading:
- CALCULATION OF REGISTRATION FEE FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 FORMFACTOR, INC. (Exact Name of Registrant as Specified in Its Charter) Table 1: Newly Registered Securities
- FORMFACTOR, INC. REPORTS 2023 SECOND QUARTER RESULTS Strong Gross Margin and Good Expense Control Drive Higher Than Expected Profitability; Experiencing Stable Demand in Q3
- FORMFACTOR, INC. REPORTS 2023 FIRST QUARTER RESULTS Reports Q1 Revenue above Outlook Range, Sees Similar Demand in Q2
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
