Tiptree Advisors LLC Purchases New Stake in FormFactor, Inc. $FORM

Tiptree Advisors LLC acquired a new position in shares of FormFactor, Inc. (NASDAQ:FORM) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 24,500 shares of the semiconductor company’s stock, valued at approximately $3,918,000. FormFactor makes up about 2.4% of Tiptree Advisors LLC’s portfolio, making the stock its 16th largest holding.

A number of other large investors have also recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of FormFactor during the second quarter valued at about $1,676,772,000. Andar Capital Management HK Ltd bought a new stake in shares of FormFactor during the second quarter worth about $27,000,000. Bank of America Corp DE raised its holdings in shares of FormFactor by 4.0% in the 2nd quarter. Bank of America Corp DE now owns 2,806,905 shares of the semiconductor company’s stock worth $96,586,000 after acquiring an additional 108,487 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of FormFactor by 3.2% in the 3rd quarter. Alliancebernstein L.P. now owns 2,397,161 shares of the semiconductor company’s stock worth $87,305,000 after acquiring an additional 73,644 shares during the last quarter. Finally, Morgan Stanley lifted its position in FormFactor by 98.5% in the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after acquiring an additional 1,127,146 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

Insider Transactions at FormFactor

In related news, Director Dennis Thomas St sold 2,800 shares of the 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 sale, the director directly owned 29,073 shares of the company’s stock, valued at approximately $4,404,268.77. This trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Mike Slessor sold 16,002 shares of FormFactor stock in a transaction on Friday, August 14th. The stock was sold at an average price of $130.95, for a total value of $2,095,461.90. Following the sale, the chief executive officer owned 484,204 shares in the company, valued at $63,406,513.80. This trade represents a 3.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 37,020 shares of company stock worth $4,756,017 in the last 90 days. Insiders own 0.79% of the company’s stock.

Analyst Upgrades and Downgrades

FORM has been the subject of a number of analyst reports. Wall Street Zen downgraded FormFactor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 9th. Stifel Nicolaus set a $135.00 price objective on FormFactor in a research note on Thursday, April 30th. TD Cowen dropped their target price on FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, July 30th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of FormFactor in a research report on Monday, July 27th. Finally, Zacks Research upgraded FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $127.45.

FormFactor Stock Up 0.4%

FORM opened at $108.10 on Thursday. FormFactor, Inc. has a fifty-two week low of $27.81 and a fifty-two week high of $160.27. The firm has a market capitalization of $8.43 billion, a P/E ratio of 74.04 and a beta of 1.25. The company’s 50-day moving average is $120.21 and its 200 day moving average is $117.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.08 and a quick ratio of 3.34.

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

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.