FormFactor, Inc. (NASDAQ:FORM) Short Interest Update

FormFactor, Inc. (NASDAQ:FORM) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 3,281,396 shares, a growth of 45.4% from the December 15th total of 2,256,427 shares. Currently, 4.3% of the company’s shares are sold short. Based on an average daily trading volume, of 1,008,820 shares, the short-interest ratio is presently 3.3 days. Based on an average daily trading volume, of 1,008,820 shares, the short-interest ratio is presently 3.3 days. Currently, 4.3% of the company’s shares are sold short.

Analysts Set New Price Targets

A number of equities research analysts recently commented on FORM shares. B. Riley reiterated a “buy” rating on shares of FormFactor in a report on Thursday. Northland Securities set a $44.00 target price on FormFactor in a research report on Thursday, October 30th. Cantor Fitzgerald started coverage on shares of FormFactor in a research report on Tuesday, November 18th. They issued an “overweight” rating and a $75.00 price target on the stock. Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. Finally, TD Cowen upped their target price on shares of FormFactor from $35.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $59.88.

FormFactor Stock Performance

Shares of FORM stock opened at $78.31 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.46 and a current ratio of 4.30. FormFactor has a 52 week low of $22.58 and a 52 week high of $78.56. The company’s 50 day moving average price is $57.83 and its two-hundred day moving average price is $43.66. The company has a market capitalization of $6.07 billion, a P/E ratio of 150.60 and a beta of 1.12.

Trending Headlines about FormFactor

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Zacks Research raised multiple near-term EPS estimates and the firm’s FY outlook for FORM, and upgraded the stock to a “Strong-Buy” — Zacks bumped FY2026 EPS to $0.95 (from $0.88) and raised Q1/Q2/Q3 and FY2027 quarter estimates, signaling improving analyst confidence in the company’s near-term profitability. Zacks Research Note
• Positive Sentiment: Other recent analyst actions (upgrades/raised targets from firms including Citi, B. Riley and Stifel) and a skew of buy/hold ratings have supported momentum and likely contributed to buying interest. MarketBeat Analyst Coverage
• Neutral Sentiment: FormFactor confirmed its fiscal Q4 2025 earnings release and webcast for Feb. 4, 2026 — an event that will be a near-term catalyst (could drive further moves depending on results and guidance). Earnings Date Notice
• Neutral Sentiment: Media coverage highlighting why FORM is “soaring” today is amplifying attention; that can attract momentum traders but may not reflect fundamentals until results or guidance confirm the upgrade-driven expectations. MSN Coverage
• Negative Sentiment: CEO Mike Slessor sold 13,088 shares on Jan. 15 (part of a series of recent insider sales), which investors may view as a mild negative signal on insider conviction despite his remaining large holding. SEC filing: SEC Form 4

Insider Activity

In related news, CEO Mike Slessor sold 13,088 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $76.81, for a total value of $1,005,289.28. Following the transaction, the chief executive officer owned 472,907 shares in the company, valued at $36,323,986.67. This trade represents a 2.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dennis Thomas St sold 2,000 shares of FormFactor stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $49.85, for a total value of $99,700.00. Following the completion of the sale, the director owned 38,957 shares of the company’s stock, valued at approximately $1,942,006.45. The trade was a 4.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 73,466 shares of company stock valued at $4,683,377. Company insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On FormFactor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its stake in shares of FormFactor by 170.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,094,421 shares of the semiconductor company’s stock valued at $72,069,000 after purchasing an additional 1,319,345 shares during the period. Westfield Capital Management Co. LP bought a new position in shares of FormFactor during the third quarter worth about $37,391,000. Shannon River Fund Management LLC bought a new position in shares of FormFactor during the third quarter worth about $35,260,000. Reinhart Partners LLC. raised its position in FormFactor by 26.3% in the 3rd quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock valued at $87,585,000 after buying an additional 500,156 shares during the last quarter. Finally, Channing Capital Management LLC bought a new stake in FormFactor in the 3rd quarter valued at approximately $16,909,000. 98.76% of the stock is owned by institutional investors and hedge funds.

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.