Tiptree Advisors LLC Buys Shares of 24,500 FormFactor, Inc. $FORM

Tiptree Advisors LLC purchased a new stake in shares of FormFactor, Inc. (NASDAQ:FORM) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 24,500 shares of the semiconductor company’s stock, valued at approximately $3,918,000. FormFactor makes up about 2.4% of Tiptree Advisors LLC’s investment portfolio, making the stock its 16th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. bought a new position in FormFactor in the 2nd quarter valued at approximately $1,676,772,000. Andar Capital Management HK Ltd acquired a new stake in FormFactor during the 2nd quarter worth approximately $27,000,000. Primecap Management Co. CA bought a new stake in FormFactor during the 2nd quarter worth approximately $270,300,000. Victory Capital Management Inc. grew its holdings in FormFactor by 5,596.8% during the 4th quarter. Victory Capital Management Inc. now owns 1,256,545 shares of the semiconductor company’s stock worth $70,090,000 after acquiring an additional 1,234,488 shares during the last quarter. Finally, Morgan Stanley increased its position in FormFactor by 98.5% in the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after acquiring an additional 1,127,146 shares during the period. 98.76% of the stock is currently owned by institutional investors.

FormFactor Price Performance

FormFactor stock opened at $108.10 on Thursday. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 74.04 and a beta of 1.25. FormFactor, Inc. has a 52-week low of $27.81 and a 52-week high of $160.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The stock’s 50 day moving average price is $120.21 and its two-hundred day moving average price is $117.14.

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, beating the consensus estimate of $0.61 by $0.21. The company had revenue of $258.24 million during the quarter, compared to analyst estimates of $240.00 million. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. FormFactor’s revenue for the quarter was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, equities analysts predict that FormFactor, Inc. will post 2.7 earnings per share for the current year.

Insider Buying and Selling at FormFactor

In other news, Director Dennis Thomas St sold 2,800 shares of the firm’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 sale, the director directly owned 29,073 shares in the company, valued at $4,404,268.77. This trade represents a 8.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 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 value of $2,095,461.90. Following the completion of the sale, the chief executive officer directly owned 484,204 shares of the company’s stock, valued at $63,406,513.80. The trade was 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. Over the last ninety days, insiders sold 37,020 shares of company stock valued at $4,756,017. Corporate insiders own 0.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on FORM. Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. Wall Street Zen downgraded FormFactor from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 9th. TD Cowen lowered their target price on FormFactor from $150.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. Craig Hallum upgraded FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a research report on Tuesday, May 12th. Finally, Weiss Ratings upgraded FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, FormFactor has an average rating of “Moderate Buy” and a consensus price target of $127.45.

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.