First Eagle Investment Management LLC Sells 31,947 Shares of FormFactor, Inc. $FORM

First Eagle Investment Management LLC cut its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 10.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 269,222 shares of the semiconductor company’s stock after selling 31,947 shares during the period. First Eagle Investment Management LLC’s holdings in FormFactor were worth $15,017,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FORM. Jones Financial Companies Lllp lifted its position in FormFactor by 84.4% during the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 453 shares in the last quarter. Hantz Financial Services Inc. lifted its position in FormFactor by 547.8% during the third quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 882 shares in the last quarter. Torren Management LLC purchased a new position in FormFactor during the fourth quarter valued at $41,000. State of Wyoming lifted its position in FormFactor by 18.4% during the third quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock valued at $61,000 after purchasing an additional 261 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in FormFactor by 208.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,843 shares of the semiconductor company’s stock valued at $63,000 after purchasing an additional 1,246 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

FormFactor Price Performance

Shares of FormFactor stock opened at $151.40 on Tuesday. The stock’s 50-day simple moving average is $114.51 and its 200-day simple moving average is $82.83. FormFactor, Inc. has a 52 week low of $26.08 and a 52 week high of $159.09. The company has a market capitalization of $11.80 billion, a price-to-earnings ratio of 174.02 and a beta of 1.32. The company has a quick ratio of 3.69, a current ratio of 4.55 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 EPS for the quarter, beating the consensus estimate of $0.45 by $0.11. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The business had revenue of $226.14 million for the quarter, compared to the consensus estimate of $225.54 million. During the same period in the previous year, the business earned $0.23 earnings per share. The business’s revenue was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, analysts expect that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

FORM has been the topic of several analyst reports. Itau BBA Securities upgraded FormFactor to an “outperform” rating in a research report on Tuesday, January 27th. Piper Sandler set a $100.00 target price on FormFactor in a research report on Monday, February 2nd. Citigroup lifted their target price on FormFactor to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Northland Securities set a $118.00 target price on FormFactor in a research report on Thursday, April 30th. Finally, Loop Capital set a $64.00 target price on FormFactor in a research report on Tuesday, January 27th. Three equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, FormFactor currently has a consensus rating of “Hold” and an average price target of $121.55.

Insiders Place Their Bets

In other news, Director Brian C. White sold 2,300 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $100.01, for a total value of $230,023.00. Following the transaction, the director directly owned 10,556 shares in the company, valued at $1,055,705.56. The trade was a 17.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kevin J. Brewer sold 3,000 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $96.20, for a total value of $288,600.00. Following the completion of the sale, the director owned 8,105 shares in the company, valued at $779,701. This represents a 27.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 38,947 shares of company stock valued at $4,062,855 over the last three months. Insiders own 0.79% of the company’s stock.

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.