Fisher Asset Management LLC Cuts Stock Holdings in FormFactor, Inc. $FORM

Fisher Asset Management LLC lowered its position in FormFactor, Inc. (NASDAQ:FORM) by 5.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 142,299 shares of the semiconductor company’s stock after selling 8,940 shares during the period. Fisher Asset Management LLC owned about 0.18% of FormFactor worth $5,183,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FORM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of FormFactor by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company’s stock valued at $1,303,000 after buying an additional 2,001 shares during the period. Jones Financial Companies Lllp raised its position in FormFactor by 870.3% in the first quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company’s stock worth $150,000 after acquiring an additional 4,743 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in FormFactor by 12.2% in the first quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company’s stock valued at $13,873,000 after acquiring an additional 53,310 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of FormFactor by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company’s stock worth $4,922,000 after purchasing an additional 9,394 shares in the last quarter. Finally, Intech Investment Management LLC grew its stake in shares of FormFactor by 18.1% during the 1st quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company’s stock worth $1,514,000 after purchasing an additional 8,194 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

Wall Street Analyst Weigh In

FORM has been the subject of several recent analyst reports. Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. Evercore lifted their price target on shares of FormFactor from $50.00 to $80.00 and gave the company an “in-line” rating in a research report on Thursday, February 5th. TD Cowen boosted their price target on FormFactor from $50.00 to $80.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a research note on Thursday, January 22nd. Finally, Wall Street Zen raised FormFactor from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.91.

FormFactor Trading Down 6.4%

Shares of FormFactor stock opened at $86.67 on Friday. FormFactor, Inc. has a 1 year low of $22.58 and a 1 year high of $107.04. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.50 and a quick ratio of 3.60. The business has a 50 day moving average price of $80.15 and a 200 day moving average price of $56.38. The company has a market capitalization of $6.75 billion, a P/E ratio of 125.61 and a beta of 1.03.

FormFactor (NASDAQ:FORM) last released its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.11. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The company had revenue of $215.16 million during the quarter, compared to the consensus estimate of $210.29 million. During the same quarter last year, the business posted $0.27 earnings per share. FormFactor’s revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Sell-side analysts anticipate that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Brian C. White sold 5,500 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $90.95, for a total transaction of $500,225.00. Following the transaction, the director owned 12,856 shares of the company’s stock, valued at approximately $1,169,253.20. This represents a 29.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Sheri Rhodes sold 7,634 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $92.61, for a total transaction of $706,984.74. Following the sale, the director owned 10,356 shares in the company, valued at approximately $959,069.16. This trade represents a 42.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 99,862 shares of company stock worth $7,722,252 in the last 90 days. 0.90% of the stock is currently owned by corporate insiders.

FormFactor 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.