GSA Capital Partners LLP bought a new stake in shares of FormFactor, Inc. (NASDAQ:FORM – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,797 shares of the semiconductor company’s stock, valued at approximately $1,247,000.
Other hedge funds also recently added to or reduced their stakes in the company. UBS Group AG grew its holdings in FormFactor by 38.8% during the fourth quarter. UBS Group AG now owns 283,393 shares of the semiconductor company’s stock worth $15,808,000 after acquiring an additional 79,240 shares during the period. Fisher Asset Management LLC boosted its position in FormFactor by 206.4% in the 4th quarter. Fisher Asset Management LLC now owns 436,045 shares of the semiconductor company’s stock worth $24,323,000 after purchasing an additional 293,746 shares in the last quarter. Hanseatic Management Services Inc. acquired a new stake in shares of FormFactor during the 1st quarter worth approximately $1,334,000. Jackson Creek Investment Advisors LLC purchased a new position in shares of FormFactor during the 4th quarter valued at approximately $1,704,000. Finally, WINTON GROUP Ltd purchased a new position in shares of FormFactor during the 4th quarter valued at approximately $610,000. 98.76% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, Director Rebeca Obregon-Jimenez sold 3,828 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $126.47, for a total transaction of $484,127.16. Following the completion of the transaction, the director owned 7,875 shares in the company, valued at $995,951.25. This represents a 32.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sheri Rhodes sold 6,328 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $125.40, for a total transaction of $793,531.20. Following the completion of the transaction, the director directly owned 5,375 shares in the company, valued at $674,025. This represents a 54.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 44,098 shares of company stock valued at $5,649,644. 0.79% of the stock is owned by company insiders.
FormFactor Trading Up 5.0%
FormFactor (NASDAQ:FORM – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.61 by $0.21. The company had revenue of $258.24 million during the quarter, compared to analyst estimates of $240.00 million. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. The firm’s revenue was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, equities research analysts forecast that FormFactor, Inc. will post 2.7 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages recently issued reports on FORM. Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a report on Tuesday, May 12th. B. Riley Financial raised shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price objective for the company in a report on Thursday, June 11th. 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. Evercore set a $150.00 target price on shares of FormFactor in a research note on Thursday, July 30th. Finally, Northland Securities set a $118.00 target price on FormFactor in a research report on Thursday, April 30th. Six investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $127.45.
Get Our Latest Research Report on FORM
FormFactor 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.
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