Corient Private Wealth LP Invests $1.06 Million in FormFactor, Inc. $FORM

Corient Private Wealth LP purchased a new stake in shares of FormFactor, Inc. (NASDAQ:FORM) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,633 shares of the semiconductor company’s stock, valued at approximately $1,061,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of FormFactor in the second quarter valued at about $1,676,772,000. Andar Capital Management HK Ltd bought a new position in FormFactor in the second quarter worth $27,000,000. Bank of America Corp DE bought a new position in shares of FormFactor in the 2nd quarter worth about $285,257,000. Primecap Management Co. CA purchased a new position in shares of FormFactor during the second quarter valued at approximately $270,300,000. Finally, Victory Capital Management Inc. boosted its holdings in FormFactor by 5,596.8% in the fourth quarter. Victory Capital Management Inc. now owns 1,256,545 shares of the semiconductor company’s stock worth $70,090,000 after acquiring an additional 1,234,488 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

FormFactor Stock Performance

Shares of FORM stock opened at $103.90 on Friday. The firm has a market cap of $8.10 billion, a price-to-earnings ratio of 71.16 and a beta of 1.24. 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 $29.01 and a 52-week high of $160.27. The company’s 50 day moving average is $113.92 and its 200 day moving average is $117.30.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.21. The firm had revenue of $258.24 million during the quarter, compared to analysts’ expectations of $240.00 million. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.The firm’s quarterly revenue was up 31.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, sell-side analysts anticipate that FormFactor, Inc. will post 2.7 EPS for the current fiscal year.

Insider Buying and Selling at FormFactor

In other news, Director Thomas St. Dennis sold 2,800 shares of the business’s stock in a transaction dated 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 owned 29,073 shares in the company, valued at approximately $4,404,268.77. The trade was a 8.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Mike Slessor sold 16,002 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $130.95, for a total transaction of $2,095,461.90. Following the sale, the chief executive officer directly owned 484,204 shares in the company, valued at approximately $63,406,513.80. This represents a 3.20% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 32,792 shares of company stock worth $4,164,295. 0.79% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

FORM has been the topic of a number of recent analyst reports. Evercore set a $150.00 price target on shares of FormFactor in a report on Thursday, July 30th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. 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 research note on Thursday, July 30th. Craig Hallum upgraded shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a research note on Tuesday, May 12th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of FormFactor in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $127.45.

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.