New York State Common Retirement Fund Buys 109,854 Shares of FormFactor, Inc. $FORM

New York State Common Retirement Fund lifted its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 457.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 133,887 shares of the semiconductor company’s stock after acquiring an additional 109,854 shares during the period. New York State Common Retirement Fund’s holdings in FormFactor were worth $4,876,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FORM. Bank of New York Mellon Corp raised its position in FormFactor by 170.2% during the second 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 in the last quarter. Reinhart Partners LLC. increased its position in shares of FormFactor by 26.3% during the 3rd quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock valued at $87,585,000 after purchasing an additional 500,156 shares during the last quarter. First Eagle Investment Management LLC purchased a new position in shares of FormFactor during the 2nd quarter valued at about $9,684,000. Select Equity Group L.P. lifted its position in FormFactor by 78.6% in the 2nd quarter. Select Equity Group L.P. now owns 617,542 shares of the semiconductor company’s stock worth $21,250,000 after buying an additional 271,760 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in FormFactor by 172.6% in the second quarter. BNP Paribas Financial Markets now owns 365,176 shares of the semiconductor company’s stock worth $12,566,000 after buying an additional 231,200 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at FormFactor

In related news, Director Kelley Steven-Waiss sold 2,700 shares of FormFactor stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $55.97, for a total transaction of $151,119.00. Following the sale, the director directly owned 32,779 shares in the company, valued at $1,834,640.63. The trade was a 7.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dennis Thomas St sold 2,000 shares of the company’s stock in a transaction on 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 directly owned 38,957 shares in the company, 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 three months, insiders have sold 73,466 shares of company stock valued at $4,683,377. 0.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

FORM has been the topic of several research reports. Loop Capital set a $64.00 price target on shares of FormFactor in a research note on Tuesday, January 27th. Itau BBA Securities raised shares of FormFactor to an “outperform” rating in a report on Tuesday, January 27th. Northland Securities set a $70.00 price target on shares of FormFactor in a research report on Thursday. Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of FormFactor in a report on Thursday, January 22nd. One investment 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 company’s stock. According to data from MarketBeat.com, FormFactor has an average rating of “Moderate Buy” and a consensus price target of $80.91.

FormFactor Price Performance

FORM opened at $90.29 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.46 and a current ratio of 4.50. The stock has a market capitalization of $7.00 billion, a PE ratio of 130.86 and a beta of 1.11. The stock’s 50 day moving average price is $65.42 and its 200-day moving average price is $47.84. FormFactor, Inc. has a 52-week low of $22.58 and a 52-week high of $92.58.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The business had revenue of $215.16 million during the quarter, compared to analyst estimates of $210.29 million. During the same period in the prior year, the business earned $0.27 EPS. The company’s revenue for the quarter was up 13.6% on a year-over-year basis. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, equities research analysts predict that FormFactor, Inc. will post 0.9 EPS for the current year.

FormFactor News Roundup

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Q4 beat and HBM-driven strength — FORM reported Q4 EPS of $0.46 vs. consensus $0.35 and revenue of $215.16M (up ~13.6% YoY); management highlighted record HBM demand as a growth driver. Read More.
• Positive Sentiment: Raised Q1/2026 outlook — Management set Q1 EPS guidance of $0.410–$0.490 and revenue guidance of $220–$230M, well above Street estimates, signaling stronger near‑term revenue and margin expansion. Read More.
• Positive Sentiment: Analyst support — Citi raised its price target to $98 with a Buy rating, reinforcing the bullish case after the quarter and expectations for continued HBM/data‑center strength. Read More.
• Neutral Sentiment: Investor briefings and transcripts available — The full earnings‑call transcript and slide presentation provide color on product demand, supply chain cadence and margin drivers for investors doing deeper due diligence. Read More.
• Negative Sentiment: Mixed analyst signals — Evercore raised its target to $80 but kept an “in‑line” rating; that target sits below the recent market price, which could temper upside for some investors. Read More.
• Negative Sentiment: Short‑term skepticism in some coverage — A few outlets noted that despite beats and guidance, shares briefly dipped in parts of the session, reflecting profit‑taking or cautious positioning by some investors. Read More.

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.