5,838 Shares in FormFactor, Inc. $FORM Purchased by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC acquired a new stake in shares of FormFactor, Inc. (NASDAQ:FORM) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 5,838 shares of the semiconductor company’s stock, valued at approximately $934,000.

A number of other hedge funds also recently bought and sold shares of the business. Persistent Asset Partners Ltd purchased a new position in FormFactor in the 2nd quarter worth approximately $43,000. Los Angeles Capital Management LLC acquired a new position in shares of FormFactor during the 4th quarter worth approximately $25,000. USA Financial Formulas purchased a new stake in shares of FormFactor in the first quarter valued at approximately $46,000. UMB Bank n.a. grew its position in shares of FormFactor by 128.9% in the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 281 shares in the last quarter. Finally, Torren Management LLC acquired a new stake in shares of FormFactor in the fourth quarter valued at approximately $41,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analyst Ratings Changes

FORM has been the topic of a number of analyst reports. TD Cowen reduced their price objective on FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a research report on Thursday, July 30th. Zacks Research cut FormFactor from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Northland Securities set a $118.00 target price on FormFactor in a research note on Thursday, April 30th. Evercore set a $150.00 price target on FormFactor in a report on Thursday, July 30th. Finally, Citigroup boosted their price target on shares of FormFactor to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, FormFactor presently has an average rating of “Moderate Buy” and an average price target of $127.45.

Insiders Place Their Bets

In other news, Director Dennis Thomas St sold 2,800 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $151.49, for a total transaction of $424,172.00. Following the completion of the transaction, the director directly owned 29,073 shares in the company, valued at approximately $4,404,268.77. This represents a 8.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mike Slessor sold 16,002 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $63,406,513.80. This trade represents a 3.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 40,848 shares of company stock worth $5,240,144 over the last ninety days. Company insiders own 0.79% of the company’s stock.

FormFactor Stock Down 10.0%

Shares of NASDAQ FORM opened at $124.34 on Wednesday. The company has a market capitalization of $9.69 billion, a P/E ratio of 85.16 and a beta of 1.25. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.08 and a quick ratio of 3.34. The company has a 50 day simple moving average of $123.20 and a 200-day simple moving average of $115.56. FormFactor, Inc. has a 1 year low of $27.00 and a 1 year high of $160.27.

FormFactor (NASDAQ:FORM) last released 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. The firm had revenue of $258.24 million for the quarter, compared to analysts’ expectations of $240.00 million. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.The firm’s quarterly revenue was up 31.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.27 earnings per share. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, equities research analysts predict that FormFactor, Inc. will post 2.7 earnings per share for the current year.

FormFactor Company 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.