UBS Group AG Acquires 79,240 Shares of FormFactor, Inc. $FORM

UBS Group AG raised its position in FormFactor, Inc. (NASDAQ:FORM) by 38.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 283,393 shares of the semiconductor company’s stock after acquiring an additional 79,240 shares during the period. UBS Group AG’s holdings in FormFactor were worth $15,808,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in FormFactor by 4.0% in the second quarter. Bank of America Corp DE now owns 2,806,905 shares of the semiconductor company’s stock valued at $96,586,000 after acquiring an additional 108,487 shares in the last quarter. Reinhart Partners LLC. boosted its stake in FormFactor by 26.3% in the third quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock valued at $87,585,000 after acquiring an additional 500,156 shares in the last quarter. Alliancebernstein L.P. boosted its stake in FormFactor by 3.2% in the third quarter. Alliancebernstein L.P. now owns 2,397,161 shares of the semiconductor company’s stock valued at $87,305,000 after acquiring an additional 73,644 shares in the last quarter. Sei Investments Co. boosted its stake in FormFactor by 3.5% in the third quarter. Sei Investments Co. now owns 1,640,144 shares of the semiconductor company’s stock valued at $59,734,000 after acquiring an additional 55,101 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in FormFactor by 10.2% in the second quarter. Ameriprise Financial Inc. now owns 1,127,928 shares of the semiconductor company’s stock valued at $38,812,000 after acquiring an additional 104,513 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

FormFactor Trading Down 2.1%

Shares of FormFactor stock opened at $129.31 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.55 and a quick ratio of 3.69. The firm has a fifty day moving average price of $115.77 and a 200 day moving average price of $84.08. FormFactor, Inc. has a 1 year low of $26.08 and a 1 year high of $159.09. The stock has a market cap of $10.08 billion, a PE ratio of 148.63 and a beta of 1.32.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.11. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The firm had revenue of $226.14 million during the quarter, compared to analysts’ expectations of $225.54 million. During the same quarter last year, the company posted $0.23 earnings per share. The firm’s revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Equities research analysts predict that FormFactor, Inc. will post 2.03 earnings per share for the current year.

Key Headlines Impacting FormFactor

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Craig Hallum upgraded FormFactor from Hold to Buy and set a higher price target, signaling stronger conviction in the stock’s upside and reinforcing the recent bullish move. FormFactor (NASDAQ:FORM) Upgraded to “Buy” at Craig Hallum
• Positive Sentiment: B. Riley Financial raised its price target on FormFactor, indicating analysts see more room for shares to run despite keeping a neutral rating. FormFactor (NASDAQ:FORM) Given New $165.00 Price Target at B. Riley Financial
• Positive Sentiment: FormFactor said TechInsights ranked it the global #1 supplier in both Test Subsystems and Focused Suppliers of Chip Making Equipment, highlighting strong customer satisfaction and market leadership. FormFactor Sets the Global Standard as #1 in Test Subsystems and Focused Chip Making Equipment
• Positive Sentiment: Commentary on FormFactor’s strong earnings emphasized that the company’s recent results support the view that its underlying business remains healthy. The Strong Earnings Posted By FormFactor (NASDAQ:FORM) Are A Good Indication Of The Strength Of The Business
• Neutral Sentiment: Needham kept a Hold rating, saying FormFactor’s long-term growth plan and AI tailwinds may already be reflected in the stock. FormFactor Kept at Hold as Long-Term Growth Plan and AI Tailwinds Are Seen as Priced In
• Neutral Sentiment: Recent coverage highlighted that FormFactor has been up strongly over the past week, but this was more a recap of momentum than a new company-specific catalyst. FormFactor (FORM) Is Up 7.64% in One Week: What You Should Know
• Neutral Sentiment: CEO remarks that semiconductor demand should continue were supportive of the industry backdrop, but did not include a major new financial update. FormFactor CEO: Key indicators showing semiconductor demand will continue

Insider Buying and Selling

In related news, Director Brian C. White sold 2,300 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $100.01, for a total transaction of $230,023.00. Following the completion of the transaction, the director owned 10,556 shares of the company’s stock, valued at $1,055,705.56. This trade represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Aric Brendan Mckinnis sold 3,462 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $90.42, for a total transaction of $313,034.04. Following the transaction, the chief financial officer directly owned 11,140 shares of the company’s stock, valued at approximately $1,007,278.80. This trade represents a 23.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 35,947 shares of company stock valued at $3,774,255 over the last 90 days. Insiders own 0.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. TD Cowen raised their target price on shares of FormFactor from $80.00 to $150.00 and gave the company a “hold” rating in a research note on Thursday, April 30th. Stifel Nicolaus set a $135.00 target price on shares of FormFactor in a research note on Thursday, April 30th. Zacks Research downgraded shares of FormFactor from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Evercore set a $155.00 price objective on shares of FormFactor in a research note on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, FormFactor has an average rating of “Hold” and an average target price of $132.45.

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.