Strs Ohio Has $1.85 Million Position in FormFactor, Inc. $FORM

Strs Ohio lifted its stake in FormFactor, Inc. (NASDAQ:FORM) by 63.2% during the first quarter, HoldingsChannel reports. The fund owned 19,100 shares of the semiconductor company’s stock after purchasing an additional 7,400 shares during the quarter. Strs Ohio’s holdings in FormFactor were worth $1,853,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FORM. Los Angeles Capital Management LLC purchased a new position in FormFactor in the fourth quarter valued at about $25,000. UMB Bank n.a. raised its stake in shares of FormFactor by 128.9% during the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares in the last quarter. Torren Management LLC acquired a new stake in shares of FormFactor during the 4th quarter valued at about $41,000. Kestra Advisory Services LLC acquired a new stake in shares of FormFactor during the 4th quarter valued at about $53,000. Finally, Clearstead Advisors LLC grew its stake in shares of FormFactor by 58.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock valued at $59,000 after buying an additional 389 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

FORM has been the topic of several recent research reports. Northland Securities set a $118.00 price objective on shares of FormFactor in a research report on Thursday, April 30th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. B. Riley Financial upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target on the stock in a report on Thursday, June 11th. Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. Finally, Stifel Nicolaus set a $135.00 price objective on shares of FormFactor in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, FormFactor presently has an average rating of “Moderate Buy” and a consensus target price of $132.45.

FormFactor Stock Performance

Shares of NASDAQ:FORM traded down $12.41 during trading on Tuesday, reaching $106.26. The stock had a trading volume of 311,794 shares, compared to its average volume of 1,746,286. FormFactor, Inc. has a 52 week low of $26.08 and a 52 week high of $160.27. The firm has a market capitalization of $8.28 billion, a price-to-earnings ratio of 123.35 and a beta of 1.22. 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 stock has a fifty day simple moving average of $134.75 and a two-hundred day simple moving average of $105.32.

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

Insider Activity

In other FormFactor news, Director Dennis Thomas St sold 2,800 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were 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 in the company, valued at $4,404,268.77. This represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sheri Rhodes sold 6,328 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $125.40, for a total transaction of $793,531.20. Following the sale, the director owned 5,375 shares of the company’s stock, valued at $674,025. This trade represents a 54.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 49,828 shares of company stock worth $6,306,587. Insiders own 0.79% of the company’s stock.

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.