SG Americas Securities LLC Acquires 161,494 Shares of FormFactor, Inc. $FORM

SG Americas Securities LLC raised its holdings in shares of FormFactor, Inc. (NASDAQ:FORMFree Report) by 1,158.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 175,432 shares of the semiconductor company’s stock after purchasing an additional 161,494 shares during the period. SG Americas Securities LLC owned approximately 0.23% of FormFactor worth $9,786,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FORM. Assenagon Asset Management S.A. lifted its holdings in shares of FormFactor by 384.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 562,769 shares of the semiconductor company’s stock valued at $31,391,000 after purchasing an additional 446,615 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in FormFactor by 2.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,073 shares of the semiconductor company’s stock worth $897,000 after buying an additional 370 shares in the last quarter. GAMMA Investing LLC increased its holdings in FormFactor by 12.6% in the 4th quarter. GAMMA Investing LLC now owns 5,184 shares of the semiconductor company’s stock worth $289,000 after buying an additional 579 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in FormFactor in the 3rd quarter worth about $303,000. Finally, CANADA LIFE ASSURANCE Co raised its position in FormFactor by 8.8% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 94,535 shares of the semiconductor company’s stock worth $3,423,000 after buying an additional 7,650 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Insiders Place Their Bets

In other FormFactor news, Director Sheri Rhodes sold 7,634 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $92.61, for a total value of $706,984.74. Following the transaction, the director directly owned 10,356 shares in the company, valued at approximately $959,069.16. This trade represents a 42.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Aric Brendan Mckinnis sold 3,462 shares of FormFactor 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 owned 11,140 shares in the company, valued at $1,007,278.80. This represents a 23.71% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 105,882 shares of company stock valued at $8,576,161. 0.96% of the stock is currently owned by corporate insiders.

FormFactor Stock Performance

FormFactor stock opened at $97.93 on Monday. FormFactor, Inc. has a 52-week low of $22.58 and a 52-week high of $110.09. The company has a market cap of $7.63 billion, a P/E ratio of 141.93 and a beta of 1.03. The company has a quick ratio of 3.60, a current ratio of 4.50 and a debt-to-equity ratio of 0.01. The business has a 50-day simple moving average of $89.67 and a two-hundred day simple moving average of $64.15.

FormFactor (NASDAQ:FORMGet Free Report) last issued its quarterly earnings data 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. The firm had revenue of $215.16 million for the quarter, compared to analysts’ expectations of $210.29 million. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The business’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.27 EPS. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Analysts predict that FormFactor, Inc. will post 0.9 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on FORM shares. Wall Street Zen raised shares of FormFactor from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. TD Cowen boosted their price objective on shares of FormFactor from $50.00 to $80.00 and gave the company a “hold” rating in a report on Thursday, February 5th. Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. Piper Sandler set a $100.00 target price on shares of FormFactor in a report on Monday, February 2nd. Finally, Craig Hallum reaffirmed a “buy” rating and issued a $90.00 target price on shares of FormFactor in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $80.91.

View Our Latest Analysis on FORM

FormFactor Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for FormFactor (NASDAQ:FORM)

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