Paradigm Capital Management Inc. NY Invests $4.46 Million in FormFactor, Inc. $FORM

Paradigm Capital Management Inc. NY acquired a new stake in shares of FormFactor, Inc. (NASDAQ:FORM) during the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 27,900 shares of the semiconductor company’s stock, valued at approximately $4,462,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FORM. Sanctuary Advisors LLC purchased a new stake in FormFactor during the 2nd quarter worth approximately $2,240,000. Panview Capital Ltd purchased a new position in shares of FormFactor in the second quarter worth $36,568,000. Polymer Capital Management HK LTD purchased a new position in shares of FormFactor in the second quarter worth $3,998,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of FormFactor during the second quarter worth $60,466,000. Finally, PEAK6 LLC acquired a new stake in shares of FormFactor during the second quarter worth $1,072,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at FormFactor

In other news, Director Dennis Thomas St sold 2,800 shares of the business’s 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 completion of the transaction, the director owned 29,073 shares of the company’s stock, valued at $4,404,268.77. The trade was a 8.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Mike Slessor sold 16,002 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $130.95, for a total value of $2,095,461.90. Following the completion of the sale, the chief executive officer owned 484,204 shares in the company, valued at $63,406,513.80. The trade was a 3.20% decrease in their position. 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. Over the last three months, insiders have sold 37,020 shares of company stock valued at $4,756,017. 0.79% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on FORM shares. Evercore set a $150.00 price objective on shares of FormFactor in a report on Thursday, July 30th. Stifel Nicolaus set a $135.00 target price on FormFactor in a research note on Thursday, April 30th. Citigroup lifted their price target on FormFactor to $165.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Zacks Research upgraded FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. Finally, B. Riley Financial raised FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price objective on the stock in a report on Thursday, June 11th. 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $127.45.

FormFactor Stock Performance

Shares of NASDAQ FORM opened at $107.90 on Tuesday. The company has a 50 day simple moving average of $121.49 and a two-hundred day simple moving average of $116.71. The stock has a market cap of $8.41 billion, a price-to-earnings ratio of 73.90 and a beta of 1.25. 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 12 month low of $27.81 and a 12 month high of $160.27.

FormFactor (NASDAQ:FORM) last released 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. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. The firm had revenue of $258.24 million for the quarter, compared to analyst estimates of $240.00 million. During the same quarter in the prior year, the business earned $0.27 earnings per share. The business’s quarterly revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. As a group, 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.