Royal Bank of Canada Sells 157,742 Shares of FormFactor, Inc. $FORM

Royal Bank of Canada lowered its position in FormFactor, Inc. (NASDAQ:FORM) by 26.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 428,907 shares of the semiconductor company’s stock after selling 157,742 shares during the period. Royal Bank of Canada’s holdings in FormFactor were worth $41,599,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Los Angeles Capital Management LLC bought a new stake in shares of FormFactor in the 4th quarter worth approximately $25,000. UMB Bank n.a. grew its holdings in shares of 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 purchasing an additional 281 shares during the last quarter. Torren Management LLC bought a new position in shares of FormFactor during the 4th quarter valued at $41,000. Kestra Advisory Services LLC purchased a new position in FormFactor in the 4th quarter worth $53,000. Finally, Clearstead Advisors LLC raised its position in FormFactor by 58.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 389 shares during the period. 98.76% of the stock is currently owned by institutional investors.

Trending Headlines about FormFactor

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: FormFactor reported second-quarter EPS of $0.82, well above the $0.61 consensus estimate, while revenue rose 31.9% year over year to $258.24 million, exceeding expectations of $240 million. FormFactor’s Q2 Earnings Beat Estimates, Revenues Increase Y/Y
• Positive Sentiment: Management projected third-quarter EPS of $0.77–$0.95 and revenue of $260 million–$280 million, both above analyst consensus. The outlook reflects continued strength in high-bandwidth memory and AI-related demand, plus a systems recovery. FormFactor Q2 Earnings Call Highlights
• Positive Sentiment: The company cited record profitability, accelerating AI and high-performance-computing demand, capacity expansion, and a planned Farmers Branch facility ramp beginning in the fourth quarter. These developments could support longer-term growth if demand persists. FormFactor Q3 Forecast and Farmers Branch Ramp
• Neutral Sentiment: Recent commentary views the earnings improvement as encouraging but suggests future upside depends on execution, continued semiconductor investment, and the timing of longer-term opportunities such as co-packaged optics. FormFactor Q2 Review
• Negative Sentiment: TD Cowen lowered its price target from $150 to $100 and maintained a Hold rating, signaling limited near-term upside at the current valuation. Needham also maintained a Hold rating, citing strong near-term performance but a back-end-loaded growth outlook. FormFactor Rated Hold
• Negative Sentiment: A comparative Zacks analysis favored Aehr Test Systems over FormFactor for long-term growth, citing Aehr’s record bookings, AI-related backlog, and expanding burn-in portfolio. FORM vs. AEHR

FormFactor Stock Performance

NASDAQ FORM opened at $106.20 on Monday. FormFactor, Inc. has a fifty-two week low of $26.08 and a fifty-two week high of $160.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The stock has a 50 day simple moving average of $124.07 and a two-hundred day simple moving average of $111.69. The stock has a market cap of $8.28 billion, a P/E ratio of 72.74 and a beta of 1.25.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.21. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.The firm had revenue of $258.24 million for the quarter, compared to analysts’ expectations of $240.00 million. During the same period in the previous year, the firm earned $0.27 earnings per share. The business’s revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, analysts forecast that FormFactor, Inc. will post 2.13 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. B. Riley Financial raised 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. Citigroup increased their target price on FormFactor to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Weiss Ratings lowered FormFactor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 15th. TD Cowen lowered their price objective on FormFactor from $150.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday. Finally, Craig Hallum raised FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective for the company in a research note on Tuesday, May 12th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.45.

Insider Transactions at FormFactor

In other news, Director Sheri Rhodes sold 6,328 shares of FormFactor 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 sale, the director owned 5,375 shares of the company’s stock, valued at approximately $674,025. The trade was a 54.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Rebeca Obregon-Jimenez sold 3,828 shares of the business’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 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 SEC filing for this sale provides additional information. In the last 90 days, insiders sold 38,534 shares of company stock worth $4,864,118. 0.79% of the stock is owned by corporate insiders.

About FormFactor

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.