Quantbot Technologies LP Buys Shares of 7,983 FormFactor, Inc. $FORM

Quantbot Technologies LP bought a new position in FormFactor, Inc. (NASDAQ:FORM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,983 shares of the semiconductor company’s stock, valued at approximately $1,277,000.

A number of other hedge funds also recently made changes to their positions in FORM. UBS Group AG raised its stake in FormFactor by 38.8% during the fourth quarter. UBS Group AG now owns 283,393 shares of the semiconductor company’s stock worth $15,808,000 after buying an additional 79,240 shares during the last quarter. Fisher Asset Management LLC boosted 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. Hanseatic Management Services Inc. acquired a new stake in FormFactor during the 1st quarter worth about $1,334,000. Jackson Creek Investment Advisors LLC bought a new position in shares of FormFactor in the 4th quarter worth about $1,704,000. Finally, BlackRock Inc. bought a new position in shares of FormFactor in the 2nd quarter worth about $1,676,772,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at FormFactor

In other FormFactor news, Director Sheri Rhodes sold 6,328 shares of FormFactor stock in a transaction dated Tuesday, June 2nd. The stock was 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. The trade was a 54.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dennis Thomas St sold 2,800 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $151.49, for a total value of $424,172.00. Following the sale, the director directly owned 29,073 shares of the company’s stock, valued at $4,404,268.77. This represents a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 37,020 shares of company stock valued at $4,756,017 over the last three months. Corporate insiders own 0.79% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on FORM. Cantor Fitzgerald reissued an “overweight” rating on shares of FormFactor in a research note on Monday, July 27th. Wall Street Zen lowered FormFactor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 9th. Craig Hallum upgraded FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a report on Tuesday, May 12th. Zacks Research upgraded FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. Finally, Evercore set a $150.00 price objective on shares of FormFactor in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $127.45.

FormFactor Price Performance

Shares of NASDAQ:FORM opened at $107.72 on Wednesday. The company has a quick ratio of 3.34, a current ratio of 4.08 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a twelve month low of $27.81 and a twelve month high of $160.27. The stock’s 50 day moving average is $120.84 and its 200-day moving average is $116.96. The firm has a market capitalization of $8.40 billion, a price-to-earnings ratio of 73.78 and a beta of 1.25.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.21. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. The business had revenue of $258.24 million during the quarter, compared to analyst estimates of $240.00 million. During the same quarter in the previous year, the business posted $0.27 EPS. FormFactor’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 forecast that FormFactor, Inc. will post 2.7 EPS for the current fiscal year.

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.