Natixis Advisors LLC Acquires 52,235 Shares of FormFactor, Inc. $FORM

Natixis Advisors LLC boosted its holdings in FormFactor, Inc. (NASDAQ:FORM) by 14.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 418,631 shares of the semiconductor company’s stock after purchasing an additional 52,235 shares during the period. Natixis Advisors LLC’s holdings in FormFactor were worth $23,351,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FORM. TD Cowen upped their price objective 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. Evercore raised shares of FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price objective for the company in a research note on Friday. Stifel Nicolaus set a $135.00 price objective on shares of FormFactor in a research note on Thursday, April 30th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $132.45.

Insiders Place Their Bets

In other news, Director Rebeca Obregon-Jimenez sold 3,828 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $126.47, for a total value of $484,127.16. Following the transaction, the director owned 7,875 shares in the company, valued at approximately $995,951.25. This represents a 32.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Mike Slessor sold 9,438 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $126.52, for a total transaction of $1,194,095.76. Following the completion of the transaction, the chief executive officer owned 447,037 shares in the company, valued at approximately $56,559,121.24. This represents a 2.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 45,365 shares of company stock valued at $5,412,663. Insiders own 0.79% of the company’s stock.

FormFactor Price Performance

Shares of FORM opened at $116.70 on Friday. The stock has a market cap of $9.10 billion, a PE ratio of 134.14 and a beta of 1.26. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.69 and a current ratio of 4.55. FormFactor, Inc. has a fifty-two week low of $26.08 and a fifty-two week high of $159.09. The firm’s 50-day simple moving average is $126.72 and its two-hundred day simple moving average is $92.69.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.11. The business had revenue of $226.14 million for the quarter, compared to analysts’ expectations of $225.54 million. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The business’s revenue was up 31.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.23 earnings per share. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Analysts anticipate that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.

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.