16,897 Shares in FormFactor, Inc. $FORM Acquired by Nicholas Investment Partners LP

Nicholas Investment Partners LP bought a new stake in FormFactor, Inc. (NASDAQ:FORM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 16,897 shares of the semiconductor company’s stock, valued at approximately $2,702,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. acquired a new stake in shares of FormFactor during the second quarter worth about $25,000. Persistent Asset Partners Ltd acquired a new stake in shares of FormFactor in the 2nd quarter valued at about $43,000. Los Angeles Capital Management LLC acquired a new stake in shares of FormFactor in the 4th quarter valued at about $25,000. Allworth Financial LP purchased a new position in FormFactor during the 2nd quarter worth approximately $72,000. Finally, USA Financial Formulas purchased a new position in FormFactor during the 1st quarter worth approximately $46,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

FormFactor Stock Performance

Shares of FORM stock opened at $107.90 on Tuesday. 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 firm has a market capitalization of $8.41 billion, a price-to-earnings ratio of 73.90 and a beta of 1.25. FormFactor, Inc. has a one year low of $27.81 and a one year high of $160.27. The company has a 50 day moving average price of $121.49 and a 200 day moving average price of $116.71.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, topping 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 business had revenue of $258.24 million for the quarter, compared to analyst estimates of $240.00 million. During the same period last year, the company posted $0.27 EPS. The business’s quarterly revenue was up 31.9% on a year-over-year basis. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. Sell-side analysts anticipate that FormFactor, Inc. will post 2.7 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on FORM. Stifel Nicolaus set a $135.00 price target on FormFactor in a research report on Thursday, April 30th. Citigroup boosted their price objective on shares of 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 for the company in a research report on Thursday, June 11th. Evercore set a $150.00 target price on shares of FormFactor in a research note on Thursday, July 30th. Finally, TD Cowen lowered their target price on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, July 30th. One equities research 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 company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $127.45.

Insider Buying and Selling at FormFactor

In other FormFactor news, CEO Mike Slessor sold 16,002 shares of FormFactor stock in a transaction on Friday, August 14th. The shares were sold at an average price of $130.95, for a total value of $2,095,461.90. Following the completion of the transaction, the chief executive officer owned 484,204 shares of the company’s stock, valued at $63,406,513.80. The trade was a 3.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dennis Thomas St sold 2,800 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $151.49, for a total transaction of $424,172.00. Following the sale, the director directly owned 29,073 shares in the company, valued at $4,404,268.77. This trade represents a 8.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 37,020 shares of company stock valued at $4,756,017 in the last three months. Corporate 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.