Quantbot Technologies LP Takes $1.28 Million Position in FormFactor, Inc. $FORM

Quantbot Technologies LP bought a new position in shares of FormFactor, Inc. (NASDAQ:FORM) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 7,983 shares of the semiconductor company’s stock, valued at approximately $1,277,000.

Several other large investors have also recently bought and sold shares of the stock. Rakuten Securities Inc. bought a new position in FormFactor in the second quarter valued at approximately $301,000. Callan Family Office LLC bought a new stake in shares of FormFactor during the 2nd quarter worth approximately $603,000. Keating Financial Advisory Services Inc. bought a new stake in shares of FormFactor during the 2nd quarter worth approximately $25,000. Allworth Financial LP acquired a new stake in shares of FormFactor in the 2nd quarter valued at approximately $72,000. Finally, Vise Technologies Inc. acquired a new stake in shares of FormFactor in the 2nd quarter valued at approximately $629,000. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. B. Riley Financial raised FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target on the stock in a research report on Thursday, June 11th. Northland Securities set a $118.00 price objective on FormFactor in a research note on Thursday, April 30th. Evercore set a $150.00 price objective on FormFactor in a research report on Thursday, July 30th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of FormFactor in a research note on Monday, July 27th. One 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 company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.45.

Insider Buying and Selling at FormFactor

In other FormFactor news, Director Dennis Thomas St sold 2,800 shares of the 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 transaction, the director owned 29,073 shares in the company, valued at $4,404,268.77. This represents a 8.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Mike Slessor sold 16,002 shares of FormFactor stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $130.95, for a total transaction of $2,095,461.90. Following the completion of the sale, the chief executive officer owned 484,204 shares of the company’s stock, valued at approximately $63,406,513.80. The trade was 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 sold 37,020 shares of company stock valued at $4,756,017 in the last quarter. Company insiders own 0.79% of the company’s stock.

FormFactor Price Performance

Shares of NASDAQ FORM opened at $107.72 on Wednesday. The firm has a market cap of $8.40 billion, a P/E ratio of 73.78 and a beta of 1.25. The business’s 50 day moving average is $120.84 and its 200-day moving average is $116.96. The company has a current ratio of 4.08, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 1-year low of $27.81 and a 1-year high of $160.27.

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