Parallel Advisors LLC Buys 5,839 Shares of FormFactor, Inc. $FORM

Parallel Advisors LLC boosted its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 1,077.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,381 shares of the semiconductor company’s stock after purchasing an additional 5,839 shares during the period. Parallel Advisors LLC’s holdings in FormFactor were worth $619,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its holdings in shares of FormFactor by 1,158.7% during the 4th quarter. SG Americas Securities LLC now owns 175,432 shares of the semiconductor company’s stock valued at $9,786,000 after buying an additional 161,494 shares during the period. UBS Group AG grew its holdings in shares of FormFactor by 38.8% in 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 increased its position in FormFactor by 206.4% during the fourth quarter. Fisher Asset Management LLC now owns 436,045 shares of the semiconductor company’s stock valued at $24,323,000 after acquiring an additional 293,746 shares during the last quarter. Jackson Creek Investment Advisors LLC purchased a new stake in FormFactor during the fourth quarter valued at $1,704,000. Finally, WINTON GROUP Ltd bought a new position in FormFactor in the fourth quarter valued at about $610,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

FormFactor Trading Down 7.7%

Shares of FormFactor stock opened at $104.04 on Friday. The company has a market capitalization of $8.11 billion, a P/E ratio of 119.59 and a beta of 1.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.69 and a current ratio of 4.55. The company has a fifty day moving average of $126.76 and a 200 day moving average of $110.30. FormFactor, Inc. has a fifty-two week low of $26.08 and a fifty-two week high of $160.27.

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

Insider Activity at FormFactor

In other FormFactor news, Director Brian C. White sold 3,250 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $126.00, for a total transaction of $409,500.00. Following the completion of the sale, the director directly owned 8,653 shares of the company’s stock, valued at $1,090,278. This trade represents a 27.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Sheri Rhodes sold 6,328 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $125.40, for a total transaction of $793,531.20. Following the sale, the director directly owned 5,375 shares of the company’s stock, valued at approximately $674,025. This trade represents a 54.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 38,534 shares of company stock worth $4,864,118 in the last three months. Corporate insiders own 0.79% of the company’s stock.

Analyst Upgrades and Downgrades

FORM has been the subject of a number of recent research reports. Citigroup boosted their price target on FormFactor to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. B. Riley Financial upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price objective on the stock in a research note on Thursday, June 11th. Weiss Ratings downgraded shares of FormFactor from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. Evercore upgraded shares of FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 target price for the company in a research report on Friday, June 5th. Finally, Northland Securities set a $118.00 target price on shares of FormFactor in a research report on Thursday, April 30th. Six equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, FormFactor presently has an average rating of “Moderate Buy” and an average price target of $132.45.

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.