125,828 Shares in FormFactor, Inc. $FORM Acquired by Man Group plc

Man Group plc purchased a new position in shares of FormFactor, Inc. (NASDAQ:FORM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 125,828 shares of the semiconductor company’s stock, valued at approximately $20,124,000. Man Group plc owned about 0.16% of FormFactor at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Jupiter Topco LLC acquired a new stake in shares of FormFactor in the second quarter worth $5,692,000. Hsbc Holdings PLC acquired a new position in FormFactor during the second quarter valued at $4,497,000. Primecap Management Co. CA purchased a new stake in FormFactor in the second quarter valued at $270,300,000. PDT Partners LLC acquired a new stake in FormFactor during the 2nd quarter worth about $7,023,000. Finally, Canada Pension Plan Investment Board acquired a new stake in FormFactor during the 2nd quarter worth about $14,778,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

FormFactor Price Performance

Shares of NASDAQ FORM opened at $108.10 on Thursday. The firm has a market cap of $8.43 billion, a PE ratio of 74.04 and a beta of 1.25. The firm has a fifty day moving average of $120.21 and a 200 day moving average of $117.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. FormFactor, Inc. has a one year low of $27.81 and a one year high of $160.27.

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

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Stifel Nicolaus set a $135.00 price objective on FormFactor in a report on Thursday, April 30th. 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 report on Thursday, June 11th. Wall Street Zen downgraded FormFactor from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 9th. Cantor Fitzgerald restated an “overweight” rating on shares of FormFactor in a research report on Monday, July 27th. Finally, Citigroup raised their price objective on shares of FormFactor to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. 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 stock. Based on data from MarketBeat.com, FormFactor has an average rating of “Moderate Buy” and an average target price of $127.45.

Insider Transactions at FormFactor

In related news, Director Dennis Thomas St sold 2,800 shares of FormFactor stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $151.49, for a total value of $424,172.00. Following the sale, the director directly owned 29,073 shares in the company, valued at approximately $4,404,268.77. The trade was a 8.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Sheri Rhodes sold 6,328 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $125.40, for a total value of $793,531.20. Following the sale, the director owned 5,375 shares of the company’s stock, valued at approximately $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. Insiders sold 37,020 shares of company stock valued at $4,756,017 over the last 90 days. Corporate insiders own 0.79% of the company’s stock.

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.