Tidal Investments LLC Acquires 6,440 Shares of FormFactor, Inc. $FORM

Tidal Investments LLC lifted its stake in FormFactor, Inc. (NASDAQ:FORM) by 26.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,220 shares of the semiconductor company’s stock after purchasing an additional 6,440 shares during the period. Tidal Investments LLC’s holdings in FormFactor were worth $4,993,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Keating Financial Advisory Services Inc. bought a new position in FormFactor in the second quarter worth about $25,000. Los Angeles Capital Management LLC bought a new stake in FormFactor during the 4th quarter valued at approximately $25,000. UMB Bank n.a. boosted its position in FormFactor by 128.9% during the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 281 shares in the last quarter. Persistent Asset Partners Ltd purchased a new position in shares of FormFactor during the 2nd quarter worth approximately $43,000. Finally, USA Financial Formulas purchased a new position in shares of FormFactor during the 1st quarter worth approximately $46,000. Institutional investors own 98.76% of the company’s stock.

Analysts Set New Price Targets

FORM has been the subject of several research reports. Wall Street Zen lowered FormFactor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 9th. B. Riley Financial raised FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target on the stock in a research note on Thursday, June 11th. Cantor Fitzgerald reiterated an “overweight” rating on shares of FormFactor in a report on Monday, July 27th. Evercore set a $150.00 price objective on FormFactor in a research report on Thursday, July 30th. Finally, Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. One 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 company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $127.45.

FormFactor Price Performance

Shares of NASDAQ FORM opened at $114.95 on Monday. The company has a 50 day simple moving average of $111.05 and a two-hundred day simple moving average of $118.02. FormFactor, Inc. has a fifty-two week low of $30.09 and a fifty-two week high of $160.27. The company has a market capitalization of $8.96 billion, a price-to-earnings ratio of 78.73 and a beta of 1.24. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.21. The firm had revenue of $258.24 million for the quarter, compared to analysts’ expectations of $240.00 million. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.The business’s revenue for the quarter was up 31.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. Analysts expect that FormFactor, Inc. will post 2.7 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Kelley Steven-Waiss sold 2,100 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $96.10, for a total value of $201,810.00. Following the sale, the director directly owned 24,426 shares of the company’s stock, valued at approximately $2,347,338.60. This represents a 7.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Mike Slessor sold 16,002 shares of FormFactor stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $130.95, for a total value of $2,095,461.90. Following the completion of the transaction, the chief executive officer directly owned 484,204 shares of the company’s stock, valued at approximately $63,406,513.80. This represents a 3.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.79% of the stock is currently owned by insiders.

FormFactor Company Profile

FormFactor, Inc is a semiconductor test and measurement company that develops and manufactures equipment and components used to evaluate integrated circuits during wafer fabrication and final testing. Its products help semiconductor manufacturers and research organizations measure electrical performance, identify defects and improve yields before chips are packaged and shipped.

The company’s product portfolio includes advanced wafer probe cards, which establish electrical connections with semiconductor wafers during automated testing, as well as engineering probe systems, probe stations and related measurement technologies.