Jefferies Financial Group Inc. Invests $1.28 Million in FormFactor, Inc. $FORM

Jefferies Financial Group Inc. bought a new position in FormFactor, Inc. (NASDAQ:FORM) in the second quarter, HoldingsChannel.com reports. The firm bought 8,035 shares of the semiconductor company’s stock, valued at approximately $1,285,000.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of FormFactor in the 2nd quarter valued at about $1,676,772,000. Andar Capital Management HK Ltd bought a new stake in shares of FormFactor in the second quarter valued at about $27,000,000. Bank of America Corp DE acquired a new position in shares of FormFactor during the second quarter worth about $285,257,000. Primecap Management Co. CA acquired a new position in shares of FormFactor during the second quarter worth about $270,300,000. Finally, Victory Capital Management Inc. grew its holdings in shares of FormFactor by 5,596.8% during the fourth quarter. Victory Capital Management Inc. now owns 1,256,545 shares of the semiconductor company’s stock worth $70,090,000 after buying an additional 1,234,488 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Weiss Ratings raised FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. B. Riley Financial raised FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target for the company in a research report on Thursday, June 11th. TD Cowen decreased their price target on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating for the company in a research note on Thursday, July 30th. Wall Street Zen downgraded shares of FormFactor from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 9th. Finally, Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $127.45.

FormFactor Stock Down 0.0%

NASDAQ:FORM opened at $101.69 on Monday. FormFactor, Inc. has a twelve month low of $27.81 and a twelve month high of $160.27. The firm has a market capitalization of $7.93 billion, a price-to-earnings ratio of 69.65 and a beta of 1.25. The company has a quick ratio of 3.34, a current ratio of 4.08 and a debt-to-equity ratio of 0.01. The stock’s 50 day moving average price is $118.46 and its two-hundred day moving average price is $117.32.

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

Insider Activity at FormFactor

In other news, CEO Mike Slessor sold 16,002 shares of FormFactor stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $130.95, for a total transaction of $2,095,461.90. Following the completion of the transaction, the chief executive officer directly owned 484,204 shares in the company, valued at approximately $63,406,513.80. The trade was a 3.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sheri Rhodes sold 6,328 shares of the company’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 owned 5,375 shares in the company, valued at approximately $674,025. This trade represents a 54.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 37,020 shares of company stock worth $4,756,017. 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.