Kemnay Advisory Services Inc. Takes Position in FormFactor, Inc. $FORM

Kemnay Advisory Services Inc. purchased a new stake in FormFactor, Inc. (NASDAQ:FORM) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 4,081 shares of the semiconductor company’s stock, valued at approximately $228,000.

Other large investors have also modified their holdings of the company. Los Angeles Capital Management LLC bought a new stake in shares of FormFactor in the 4th quarter valued at about $25,000. UMB Bank n.a. raised its holdings in shares of FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 281 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of FormFactor by 84.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 453 shares in the last quarter. Torren Management LLC bought a new stake in shares of FormFactor in the 4th quarter valued at about $41,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of FormFactor in the 4th quarter valued at about $53,000. Institutional investors own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on FORM. Northland Securities set a $118.00 price objective on shares of FormFactor in a research note on Thursday, April 30th. Stifel Nicolaus set a $135.00 price objective on shares of FormFactor in a research note on Thursday, April 30th. Craig Hallum upgraded shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective for the company in a research note on Tuesday, May 12th. TD Cowen boosted their price objective on shares of FormFactor from $80.00 to $150.00 and gave the stock a “hold” rating in a research note on Thursday, April 30th. Finally, 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 note on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $132.45.

Insider Activity at FormFactor

In other FormFactor news, Director Dennis Thomas St sold 2,800 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were 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 of the company’s stock, valued at approximately $4,404,268.77. The trade was a 8.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Rebeca Obregon-Jimenez sold 3,828 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $126.47, for a total transaction of $484,127.16. Following the sale, the director directly owned 7,875 shares in the company, valued at approximately $995,951.25. This represents a 32.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 49,828 shares of company stock worth $6,306,587 in the last 90 days. 0.79% of the stock is owned by insiders.

FormFactor Trading Down 8.1%

NASDAQ FORM opened at $140.24 on Wednesday. The company has a quick ratio of 3.69, a current ratio of 4.55 and a debt-to-equity ratio of 0.01. The firm has a market cap of $10.93 billion, a PE ratio of 161.20 and a beta of 1.26. The company has a 50 day moving average price of $131.30 and a 200 day moving average price of $96.99. FormFactor, Inc. has a 52 week low of $26.08 and a 52 week high of $159.09.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.11. The company had revenue of $226.14 million for the quarter, compared to the consensus estimate of $225.54 million. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. FormFactor’s revenue was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 EPS. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, sell-side analysts forecast that FormFactor, Inc. will post 2.03 EPS for the current fiscal year.

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.