Headlands Technologies LLC Has $552,000 Position in FormFactor, Inc. $FORM

Headlands Technologies LLC lessened its holdings in shares of FormFactor, Inc. (NASDAQ:FORM) by 64.2% in the second quarter, Holdings Channel.com reports. The fund owned 3,454 shares of the semiconductor company’s stock after selling 6,192 shares during the quarter. Headlands Technologies LLC’s holdings in FormFactor were worth $552,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. bought a new stake in shares of FormFactor during the 2nd quarter valued at $25,000. Los Angeles Capital Management LLC bought a new position in shares of FormFactor in the 4th quarter worth $25,000. UMB Bank n.a. boosted its position in shares of FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares during the last quarter. Persistent Asset Partners Ltd acquired a new stake in shares of FormFactor during the second quarter worth $43,000. Finally, USA Financial Formulas acquired a new stake in shares of FormFactor during the first quarter worth $46,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analyst Ratings Changes

FORM has been the subject of a number of recent analyst reports. TD Cowen dropped their price objective on FormFactor from $150.00 to $100.00 and set a “hold” rating for the company in a report on Thursday, July 30th. Wall Street Zen cut FormFactor from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 9th. Craig Hallum upgraded FormFactor from a “hold” rating to a “buy” rating and set a $175.00 target price for the company in a research report on Tuesday, May 12th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of FormFactor in a research note on Monday, July 27th. Finally, Evercore set a $150.00 price target on shares of FormFactor in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.45.

Insider Transactions at FormFactor

In other news, Director Dennis Thomas St sold 2,800 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $151.49, for a total transaction of $424,172.00. Following the sale, the director owned 29,073 shares of the company’s stock, valued at $4,404,268.77. This trade represents a 8.78% 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, CEO Mike Slessor sold 16,002 shares of FormFactor stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $130.95, for a total value of $2,095,461.90. Following the transaction, the chief executive officer owned 484,204 shares in the company, valued at $63,406,513.80. This trade represents a 3.20% 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 ninety days, insiders have sold 30,692 shares of company stock worth $3,962,485. 0.79% of the stock is currently owned by insiders.

FormFactor Price Performance

Shares of FORM stock opened at $96.58 on Thursday. The company has a quick ratio of 3.34, a current ratio of 4.08 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 12-month low of $28.04 and a 12-month high of $160.27. The firm has a fifty day moving average of $115.50 and a 200-day moving average of $117.39. The firm has a market capitalization of $7.53 billion, a price-to-earnings ratio of 66.15 and a beta of 1.24.

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

FormFactor 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.