35,569 Shares in FormFactor, Inc. $FORM Acquired by Jupiter Topco LLC

Jupiter Topco LLC bought a new position in FormFactor, Inc. (NASDAQ:FORM) in the second quarter, Holdings Channel.com reports. The fund bought 35,569 shares of the semiconductor company’s stock, valued at approximately $5,692,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV increased its position in shares of FormFactor by 2.1% during the 4th 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 during the period. Keating Financial Advisory Services Inc. acquired a new stake in shares of FormFactor in the second quarter valued at $25,000. Blue Trust Inc. lifted its holdings in shares of FormFactor by 1.9% in the first 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 during the period. Persistent Asset Partners Ltd bought a new position in FormFactor during the second quarter valued at about $43,000. Finally, UMB Bank n.a. boosted its stake in FormFactor by 128.9% during the fourth 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. 98.76% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Mike Slessor sold 16,002 shares of FormFactor stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 484,204 shares of the company’s stock, valued at $63,406,513.80. This trade represents a 3.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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 FormFactor stock in a transaction that occurred 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 completion of the transaction, the director directly owned 29,073 shares in the company, valued at approximately $4,404,268.77. This trade represents a 8.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 30,692 shares of company stock worth $3,962,485. Corporate insiders own 0.79% of the company’s stock.

FormFactor Stock Performance

Shares of NASDAQ FORM opened at $100.61 on Tuesday. The stock’s fifty day simple moving average is $117.34 and its 200 day simple moving average is $117.38. The stock has a market capitalization of $7.84 billion, a price-to-earnings ratio of 68.91 and a beta of 1.25. 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 52-week low of $27.81 and a 52-week high of $160.27.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 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 business had revenue of $258.24 million during the quarter, compared to the consensus estimate of $240.00 million. During the same period in the prior year, the business posted $0.27 earnings per share. FormFactor’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. As a group, sell-side analysts forecast that FormFactor, Inc. will post 2.7 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on FORM shares. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of FormFactor in a report on Monday, July 27th. Weiss Ratings raised shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, August 6th. Evercore set a $150.00 price objective on shares of FormFactor in a research report on Thursday, July 30th. Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective on the stock in a research note on Tuesday, May 12th. Finally, TD Cowen dropped 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 research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four 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 a consensus price target of $127.45.

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.