New York State Common Retirement Fund Raises Position in FormFactor, Inc. $FORM

New York State Common Retirement Fund lifted its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 457.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 133,887 shares of the semiconductor company’s stock after buying an additional 109,854 shares during the period. New York State Common Retirement Fund owned about 0.17% of FormFactor worth $4,876,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FORM. State of New Jersey Common Pension Fund D grew its holdings in shares of FormFactor by 9.5% in the second quarter. State of New Jersey Common Pension Fund D now owns 61,190 shares of the semiconductor company’s stock valued at $2,106,000 after acquiring an additional 5,295 shares in the last quarter. SG Americas Securities LLC purchased a new position in FormFactor in the third quarter worth $508,000. Bessemer Group Inc. grew its stake in FormFactor by 25.0% in the 2nd quarter. Bessemer Group Inc. now owns 431,321 shares of the semiconductor company’s stock valued at $14,841,000 after purchasing an additional 86,277 shares during the period. Reinhart Partners LLC. grew its stake in FormFactor by 26.3% in the 3rd quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock valued at $87,585,000 after purchasing an additional 500,156 shares during the period. Finally, Edgestream Partners L.P. bought a new stake in shares of FormFactor during the 2nd quarter worth $4,715,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other FormFactor news, CEO Mike Slessor sold 13,088 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $76.81, for a total value of $1,005,289.28. Following the transaction, the chief executive officer directly owned 472,907 shares in the company, valued at $36,323,986.67. This represents a 2.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kelley Steven-Waiss sold 2,700 shares of FormFactor stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $55.97, for a total value of $151,119.00. Following the sale, the director owned 32,779 shares of the company’s stock, valued at approximately $1,834,640.63. This trade represents a 7.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 73,466 shares of company stock worth $4,683,377. Corporate insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. TD Cowen increased their price target on shares of FormFactor from $50.00 to $80.00 and gave the company a “hold” rating in a research report on Thursday. Freedom Capital raised shares of FormFactor to a “hold” rating in a research report on Tuesday, January 27th. Citigroup raised their price target on shares of FormFactor from $96.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday. DA Davidson set a $55.00 price objective on FormFactor in a report on Thursday, October 30th. Finally, Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $80.91.

FormFactor Stock Up 7.7%

FORM stock opened at $90.29 on Friday. The stock has a 50-day simple moving average of $65.42 and a two-hundred day simple moving average of $47.84. FormFactor, Inc. has a twelve month low of $22.58 and a twelve month high of $92.58. The firm has a market capitalization of $7.00 billion, a PE ratio of 130.86 and a beta of 1.11. The company has a quick ratio of 3.46, a current ratio of 4.50 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM) last released its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The company had revenue of $215.16 million during the quarter, compared to analyst estimates of $210.29 million. During the same period last year, the business earned $0.27 earnings per share. FormFactor’s revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, equities analysts predict that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Key Headlines Impacting FormFactor

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Q4 beat and HBM-driven strength — FORM reported Q4 EPS of $0.46 vs. consensus $0.35 and revenue of $215.16M (up ~13.6% YoY); management highlighted record HBM demand as a growth driver. Read More.
• Positive Sentiment: Raised Q1/2026 outlook — Management set Q1 EPS guidance of $0.410–$0.490 and revenue guidance of $220–$230M, well above Street estimates, signaling stronger near‑term revenue and margin expansion. Read More.
• Positive Sentiment: Analyst support — Citi raised its price target to $98 with a Buy rating, reinforcing the bullish case after the quarter and expectations for continued HBM/data‑center strength. Read More.
• Neutral Sentiment: Investor briefings and transcripts available — The full earnings‑call transcript and slide presentation provide color on product demand, supply chain cadence and margin drivers for investors doing deeper due diligence. Read More.
• Negative Sentiment: Mixed analyst signals — Evercore raised its target to $80 but kept an “in‑line” rating; that target sits below the recent market price, which could temper upside for some investors. Read More.
• Negative Sentiment: Short‑term skepticism in some coverage — A few outlets noted that despite beats and guidance, shares briefly dipped in parts of the session, reflecting profit‑taking or cautious positioning by some investors. Read More.

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.