24,636 Shares in FormFactor, Inc. $FORM Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in FormFactor, Inc. (NASDAQ:FORM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,636 shares of the semiconductor company’s stock, valued at approximately $3,940,000.

A number of other hedge funds and other institutional investors have also modified their holdings of FORM. BlackRock Inc. acquired a new position in shares of FormFactor in the second quarter worth about $1,676,772,000. Andar Capital Management HK Ltd purchased a new stake in FormFactor during the 2nd quarter worth approximately $27,000,000. Bank of America Corp DE raised its position 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 valued at $96,586,000 after purchasing an additional 108,487 shares in the last quarter. Alliancebernstein L.P. raised its position 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 valued at $87,305,000 after purchasing an additional 73,644 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of FormFactor by 98.5% during the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after buying an additional 1,127,146 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on FORM. Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Evercore set a $150.00 price objective on shares of FormFactor in a report on Thursday, July 30th. Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 target price for the company in a research report on Tuesday, May 12th. Wall Street Zen lowered shares of FormFactor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 9th. Finally, B. Riley Financial upgraded FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target for the company in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, FormFactor currently has an average rating of “Moderate Buy” and a consensus price target of $127.45.

Insider Activity at FormFactor

In other news, CEO Mike Slessor sold 16,002 shares of the 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Thomas St. Dennis sold 2,800 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $151.49, for a total value of $424,172.00. Following the completion of the sale, 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold 30,692 shares of company stock valued at $3,962,485 over the last ninety days. Corporate insiders own 0.79% of the company’s stock.

FormFactor Trading Up 0.2%

FormFactor stock opened at $96.76 on Friday. FormFactor, Inc. has a 1 year low of $28.04 and a 1 year high of $160.27. The firm’s 50-day moving average is $114.46 and its 200-day moving average is $117.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The company has a market cap of $7.54 billion, a P/E ratio of 66.27 and a beta of 1.24.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, beating 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 company’s revenue for the quarter was up 31.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, equities analysts expect that FormFactor, Inc. will post 2.7 earnings per share for the current year.

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.