UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 22,709 Shares of FormFactor, Inc. $FORM

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 14.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,478 shares of the semiconductor company’s stock after purchasing an additional 22,709 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in FormFactor were worth $28,864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. bought a new stake in shares of FormFactor in the 2nd quarter valued at about $25,000. Los Angeles Capital Management LLC purchased a new position in FormFactor in the fourth quarter worth $25,000. UMB Bank n.a. grew its holdings in FormFactor by 128.9% in the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares during the last quarter. Persistent Asset Partners Ltd acquired a new position in shares of FormFactor during the second quarter worth $43,000. Finally, USA Financial Formulas purchased a new stake in shares of FormFactor during the 1st quarter valued at $46,000. 98.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Cantor Fitzgerald restated an “overweight” rating on shares of FormFactor in a research note on Monday, July 27th. Craig Hallum raised FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target for the company in a report on Tuesday, May 12th. Weiss Ratings upgraded FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. Finally, TD Cowen decreased their price objective on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.45.

FormFactor Stock Performance

Shares of FORM opened at $96.76 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The stock has a 50-day moving average of $114.46 and a two-hundred day moving average of $117.39. The stock has a market cap of $7.54 billion, a P/E ratio of 66.27 and a beta of 1.24. FormFactor, Inc. has a one year low of $28.04 and a one year high of $160.27.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.21. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.The business had revenue of $258.24 million for the quarter, compared to analyst estimates of $240.00 million. During the same period in the prior year, the company earned $0.27 earnings per share. The company’s revenue was up 31.9% on a year-over-year basis. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. As a group, research analysts predict that FormFactor, Inc. will post 2.7 EPS for the current year.

Insider Buying and Selling

In other FormFactor news, Director Thomas St. Dennis sold 2,800 shares of FormFactor stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $151.49, for a total transaction of $424,172.00. Following the completion of the sale, the director directly owned 29,073 shares in the company, valued at approximately $4,404,268.77. The trade was a 8.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Mike Slessor sold 16,002 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $130.95, for a total transaction of $2,095,461.90. Following the completion of the sale, the chief executive officer directly owned 484,204 shares in the company, valued at $63,406,513.80. This trade represents a 3.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 30,692 shares of company stock worth $3,962,485. 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.