Bessemer Group Inc. Sells 170,083 Shares of FormFactor, Inc. $FORM

Bessemer Group Inc. cut its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 30.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 391,959 shares of the semiconductor company’s stock after selling 170,083 shares during the period. Bessemer Group Inc.’s holdings in FormFactor were worth $38,017,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insider Buying and Selling at FormFactor

In other news, Director Dennis Thomas St sold 2,800 shares of FormFactor 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 completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Brian C. White sold 3,250 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $126.00, for a total value of $409,500.00. Following the completion of the sale, the director owned 8,653 shares of the company’s stock, valued at $1,090,278. The trade was a 27.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 38,534 shares of company stock valued at $4,864,118. 0.79% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

FORM has been the subject of several analyst reports. Weiss Ratings lowered shares of FormFactor from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective on the stock in a research report on Tuesday, May 12th. Cantor Fitzgerald reissued an “overweight” rating and issued a $175.00 price objective on shares of FormFactor in a research note on Monday, April 27th. Evercore raised shares of FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price objective for the company in a research note on Friday, June 5th. Finally, B. Riley Financial upgraded FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 target price for the company in a research report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $132.45.

FormFactor Trading Down 1.4%

NASDAQ FORM opened at $105.57 on Friday. The stock has a market cap of $8.23 billion, a PE ratio of 121.35 and a beta of 1.22. FormFactor, Inc. has a 12 month low of $26.08 and a 12 month high of $160.27. The company’s 50-day moving average price is $129.12 and its 200-day moving average price is $108.46. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01.

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