ProShare Advisors LLC Acquires 11,956 Shares of FormFactor, Inc. $FORM

ProShare Advisors LLC grew its holdings in FormFactor, Inc. (NASDAQ:FORM) by 68.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,336 shares of the semiconductor company’s stock after buying an additional 11,956 shares during the quarter. ProShare Advisors LLC’s holdings in FormFactor were worth $1,068,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. State of Wyoming increased its position in FormFactor by 18.4% in the 3rd quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock valued at $61,000 after acquiring an additional 261 shares in the last quarter. Arizona State Retirement System raised its position in FormFactor by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 22,796 shares of the semiconductor company’s stock worth $830,000 after purchasing an additional 335 shares during the last quarter. Amalgamated Bank raised its position in FormFactor by 1.9% in the 3rd quarter. Amalgamated Bank now owns 22,420 shares of the semiconductor company’s stock worth $817,000 after purchasing an additional 411 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in FormFactor by 0.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 116,154 shares of the semiconductor company’s stock worth $4,230,000 after buying an additional 414 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in FormFactor by 84.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 453 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on FORM. Loop Capital set a $64.00 price target on FormFactor in a research note on Tuesday, January 27th. Citigroup boosted their price objective on FormFactor from $96.00 to $98.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Itau BBA Securities raised shares of FormFactor to an “outperform” rating in a research note on Tuesday, January 27th. Freedom Capital raised shares of FormFactor to a “hold” rating in a research note on Tuesday, January 27th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of FormFactor in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, FormFactor currently has an average rating of “Moderate Buy” and an average target price of $80.91.

FormFactor Stock Up 3.3%

FormFactor stock opened at $96.76 on Monday. FormFactor, Inc. has a fifty-two week low of $22.58 and a fifty-two week high of $100.01. 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 firm has a market capitalization of $7.50 billion, a price-to-earnings ratio of 140.24 and a beta of 1.11. The company’s 50 day simple moving average is $69.26 and its 200 day simple moving average is $50.15.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The company had revenue of $215.16 million for the quarter, compared to analysts’ expectations of $210.29 million. During the same period last year, the firm posted $0.27 earnings per share. The business’s quarterly 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. As a group, sell-side analysts anticipate that FormFactor, Inc. will post 0.9 EPS for the current year.

Insider Transactions at FormFactor

In other news, CEO Mike Slessor sold 39,606 shares of FormFactor stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $65.00, for a total transaction of $2,574,390.00. Following the transaction, the chief executive officer owned 485,995 shares in the company, valued at $31,589,675. The trade was a 7.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sheri Rhodes sold 7,634 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $92.61, for a total value of $706,984.74. Following the sale, the director directly owned 10,356 shares of the company’s stock, valued at approximately $959,069.16. The trade was a 42.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 100,001 shares of company stock valued at $7,248,373. Insiders own 0.96% of the company’s stock.

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.