Keybank National Association OH Has $226,000 Stock Holdings in FormFactor, Inc. $FORM

Keybank National Association OH lowered its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 70.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 2,331 shares of the semiconductor company’s stock after selling 5,537 shares during the period. Keybank National Association OH’s holdings in FormFactor were worth $226,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FORM. Mercer Global Advisors Inc. ADV grew its stake in FormFactor by 2.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock valued at $419,000 after purchasing an additional 157 shares in the last quarter. Blue Trust Inc. grew its stake in shares of FormFactor by 1.9% in the 1st quarter. Blue Trust Inc. now owns 10,542 shares of the semiconductor company’s stock valued at $1,022,000 after buying an additional 196 shares in the last quarter. UMB Bank n.a. grew its stake in shares of FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 281 shares in the last quarter. Maryland State Retirement & Pension System raised its position in FormFactor by 2.7% during the fourth quarter. Maryland State Retirement & Pension System now owns 11,385 shares of the semiconductor company’s stock valued at $635,000 after acquiring an additional 299 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in FormFactor by 2.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,073 shares of the semiconductor company’s stock valued at $897,000 after acquiring an additional 370 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at FormFactor

In other news, CEO Mike Slessor sold 11,890 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $121.35, for a total value of $1,442,851.50. Following the sale, the chief executive officer directly owned 435,147 shares of the company’s stock, valued at approximately $52,805,088.45. This trade represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Brian C. White sold 3,250 shares of FormFactor stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $126.00, for a total value of $409,500.00. Following the completion of the transaction, the director owned 8,653 shares in the company, valued at $1,090,278. The trade was a 27.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 49,828 shares of company stock valued at $6,306,587. 0.79% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Evercore upgraded shares of FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price target on the stock in a research note on Friday, June 5th. Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Citigroup increased their target price on shares of FormFactor to $165.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings upgraded FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Finally, Northland Securities set a $118.00 price target on FormFactor in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $132.45.

FormFactor Stock Performance

Shares of FormFactor stock traded down $1.92 on Friday, reaching $117.52. The stock had a trading volume of 1,001,752 shares, compared to its average volume of 2,002,938. The business’s 50-day moving average price is $132.47 and its two-hundred day moving average price is $106.60. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.69 and a current ratio of 4.55. FormFactor, Inc. has a fifty-two week low of $26.08 and a fifty-two week high of $160.27. The stock has a market cap of $9.16 billion, a P/E ratio of 135.08 and a beta of 1.22.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. The business had revenue of $226.14 million for the quarter, compared to analyst estimates of $225.54 million. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. FormFactor’s revenue was up 31.9% compared to the same quarter last year. During the same period last year, the business posted $0.23 EPS. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. On average, sell-side analysts forecast that FormFactor, Inc. will post 2.03 EPS for the current year.

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.