Fifth Third Bancorp Raises Stock Holdings in FormFactor, Inc. $FORM

Fifth Third Bancorp raised its position in FormFactor, Inc. (NASDAQ:FORM) by 184.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 66,370 shares of the semiconductor company’s stock after purchasing an additional 43,010 shares during the period. Fifth Third Bancorp’s holdings in FormFactor were worth $6,437,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of FORM. Los Angeles Capital Management LLC purchased a new position in shares of FormFactor during the fourth quarter worth approximately $25,000. UMB Bank n.a. raised its position in FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 281 shares during the last quarter. Torren Management LLC purchased a new stake in FormFactor in the 4th quarter valued at $41,000. Kestra Advisory Services LLC acquired a new stake in FormFactor during the 4th quarter worth $53,000. Finally, Clearstead Advisors LLC boosted its stake in FormFactor by 58.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 389 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

FormFactor Stock Performance

NASDAQ FORM opened at $107.11 on Friday. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $129.96 and its two-hundred day moving average is $108.48. FormFactor, Inc. has a 12-month low of $26.08 and a 12-month high of $160.27. The stock has a market capitalization of $8.35 billion, a price-to-earnings ratio of 123.12 and a beta of 1.22.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.45 by $0.11. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The business had revenue of $226.14 million during the quarter, compared to analysts’ expectations of $225.54 million. During the same period last year, the firm earned $0.23 EPS. The company’s quarterly revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Research analysts expect that FormFactor, Inc. will post 2.03 EPS for the current year.

Insider Transactions at FormFactor

In other FormFactor news, Director Dennis Thomas St sold 2,800 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $151.49, for a total transaction of $424,172.00. Following the sale, the director directly owned 29,073 shares in the company, valued at approximately $4,404,268.77. The trade was a 8.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Brian C. White sold 3,250 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $126.00, for a total transaction of $409,500.00. Following the transaction, the director directly owned 8,653 shares in the company, valued at approximately $1,090,278. This trade represents a 27.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 38,534 shares of company stock valued at $4,864,118 in the last three months. Insiders own 0.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on FORM. Evercore upgraded shares of FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price objective on the stock in a research note on Friday, June 5th. Northland Securities set a $118.00 target price on shares of FormFactor in a research note on Thursday, April 30th. Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. Cantor Fitzgerald reissued an “overweight” rating and set a $175.00 price target on shares of FormFactor in a report on Monday, April 27th. Finally, Stifel Nicolaus set a $135.00 price target on FormFactor in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, FormFactor currently has an average rating of “Moderate Buy” and an average price target of $132.45.

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.