FormFactor (NASDAQ:FORM) Trading Up 4.8% – Should You Buy?

FormFactor, Inc. (NASDAQ:FORM) shares were up 4.8% during mid-day trading on Monday . The company traded as high as $138.72 and last traded at $137.9060. 72,105 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 1,679,483 shares. The stock had previously closed at $131.60.

Wall Street Analyst Weigh In

Several research firms recently weighed in on FORM. Weiss Ratings raised FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. TD Cowen decreased their target price on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating for the company in a research note on Thursday, July 30th. Citigroup upped their price target on shares of FormFactor to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Zacks Research downgraded FormFactor from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Wall Street Zen cut FormFactor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 9th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $127.45.

FormFactor Price Performance

The firm has a market capitalization of $10.82 billion, a P/E ratio of 95.14 and a beta of 1.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The stock has a 50 day moving average of $122.84 and a two-hundred day moving average of $114.74.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.21. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. The business had revenue of $258.24 million for the quarter, compared to analyst estimates of $240.00 million. During the same period last year, the business posted $0.27 EPS. FormFactor’s revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. Sell-side analysts predict that FormFactor, Inc. will post 2.7 earnings per share for the current fiscal year.

Insider Buying and Selling at FormFactor

In other FormFactor news, Director Brian C. White sold 3,250 shares of FormFactor stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $126.00, for a total transaction of $409,500.00. Following the sale, the director owned 8,653 shares in the company, valued at $1,090,278. The trade was a 27.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Mike Slessor sold 11,890 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $121.35, for a total transaction of $1,442,851.50. Following the completion of the transaction, the chief executive officer directly owned 435,147 shares of the company’s stock, valued at $52,805,088.45. This trade represents a 2.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 29,096 shares of company stock valued at $3,670,022 in the last quarter. 0.79% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FORM. BlackRock Inc. bought a new stake in shares of FormFactor during the second quarter worth $1,676,772,000. Andar Capital Management HK Ltd acquired a new position in FormFactor in the second quarter valued at approximately $27,000,000. Bank of America Corp DE lifted its holdings 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 buying an additional 108,487 shares during the period. Alliancebernstein L.P. grew its holdings in FormFactor by 3.2% during the 3rd quarter. Alliancebernstein L.P. now owns 2,397,161 shares of the semiconductor company’s stock worth $87,305,000 after acquiring an additional 73,644 shares during the period. Finally, Morgan Stanley lifted its stake in shares of FormFactor by 98.5% in the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after purchasing an additional 1,127,146 shares during the period. 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.