FormFactor, Inc. $FORM Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC raised its holdings in FormFactor, Inc. (NASDAQ:FORM) by 20.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 48,655 shares of the semiconductor company’s stock after buying an additional 8,131 shares during the quarter. Intech Investment Management LLC’s holdings in FormFactor were worth $2,714,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FORM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in FormFactor by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company’s stock valued at $1,303,000 after acquiring an additional 2,001 shares during the period. Jones Financial Companies Lllp raised its stake in shares of FormFactor by 870.3% during the 1st quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company’s stock worth $150,000 after buying an additional 4,743 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of FormFactor by 12.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company’s stock worth $13,873,000 after buying an additional 53,310 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of FormFactor by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company’s stock worth $4,922,000 after buying an additional 9,394 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of FormFactor by 30.8% during the 2nd quarter. Cetera Investment Advisers now owns 10,488 shares of the semiconductor company’s stock worth $361,000 after buying an additional 2,470 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

FormFactor Trading Up 8.7%

Shares of FORM stock opened at $125.11 on Wednesday. The firm has a 50-day moving average price of $124.89 and a 200 day moving average price of $90.93. FormFactor, Inc. has a twelve month low of $26.08 and a twelve month high of $159.09. The company has a market capitalization of $9.75 billion, a price-to-earnings ratio of 143.81 and a beta of 1.26. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, beating 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 firm had revenue of $226.14 million during the quarter, compared to the consensus estimate of $225.54 million. During the same quarter in the previous year, the company posted $0.23 EPS. The firm’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. Research analysts forecast that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on FORM. Citigroup lifted their price target on FormFactor to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings raised FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. B. Riley Financial lifted their price target on FormFactor from $145.00 to $165.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 12th. Northland Securities set a $118.00 price target on FormFactor in a research note on Thursday, April 30th. Finally, Stifel Nicolaus set a $135.00 price target on FormFactor in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $132.45.

Insider Transactions at FormFactor

In related news, CFO Aric Brendan Mckinnis sold 3,462 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $90.42, for a total value of $313,034.04. Following the completion of the transaction, the chief financial officer owned 11,140 shares of the company’s stock, valued at approximately $1,007,278.80. The trade was a 23.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mike Slessor sold 11,294 shares of FormFactor stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $127.72, for a total value of $1,442,469.68. Following the completion of the sale, the chief executive officer owned 449,565 shares of the company’s stock, valued at $57,418,441.80. This trade represents a 2.45% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 42,499 shares of company stock worth $4,932,166 in the last ninety days. Company insiders own 0.79% of the company’s stock.

FormFactor Company Profile

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.