6,700 Shares in FormFactor, Inc. $FORM Acquired by PEAK6 LLC

PEAK6 LLC acquired a new stake in FormFactor, Inc. (NASDAQ:FORM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,700 shares of the semiconductor company’s stock, valued at approximately $1,072,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in FormFactor by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company’s stock valued at $1,303,000 after purchasing an additional 2,001 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of FormFactor by 870.3% during the 1st quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company’s stock worth $150,000 after buying an additional 4,743 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of FormFactor by 12.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company’s stock worth $13,873,000 after buying an additional 53,310 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of FormFactor by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company’s stock worth $4,922,000 after buying an additional 9,394 shares in the last quarter. Finally, Intech Investment Management LLC boosted its position in shares of FormFactor by 18.1% in the 1st quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company’s stock worth $1,514,000 after buying an additional 8,194 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting FormFactor

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Zacks increased its Q3 2026 EPS estimate to $0.78 from $0.48 and its FY2026 forecast to $2.68 from $1.99. Estimates for FY2027 rose to $3.11 from $2.19, while FY2028 increased to $3.39 from $2.47. These revisions signal stronger expected demand and profitability for FormFactor’s semiconductor testing business.
• Positive Sentiment: Quarterly estimates were also raised materially: Q4 2026 EPS increased to $0.70 from $0.53, Q1 2027 to $0.70 from $0.47, Q2 2027 to $0.75 from $0.58, and Q3 2027 to $0.85 from $0.56. Q1 and Q2 2028 estimates were lifted to $0.80 and $0.82, respectively.
• Neutral Sentiment: The upgrades are especially significant because the current full-year consensus estimate is $2.70 per share, close to Zacks’ revised FY2026 forecast. Investors may therefore view the revisions as supportive of longer-term growth but may wait for the company’s results and guidance to confirm the outlook.
• Negative Sentiment: FormFactor shares have decreased despite the favorable analyst revisions. The stock’s elevated valuation—approximately 78 times earnings—may be limiting enthusiasm, as investors could be taking profits or demanding stronger near-term results before assigning additional upside.

Insiders Place Their Bets

In other FormFactor news, CEO Mike Slessor sold 16,002 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $130.95, for a total transaction of $2,095,461.90. Following the transaction, the chief executive officer owned 484,204 shares of the company’s stock, valued at $63,406,513.80. This represents a 3.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dennis Thomas St sold 2,800 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $151.49, for a total value of $424,172.00. Following the sale, the director owned 29,073 shares in the company, valued at $4,404,268.77. This trade represents a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 37,020 shares of company stock valued at $4,756,017. Company insiders own 0.79% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on FORM. Citigroup raised their target price on shares of FormFactor to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th. TD Cowen reduced their price target on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, July 30th. Wall Street Zen lowered shares of FormFactor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 9th. Weiss Ratings raised shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of FormFactor in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $127.45.

FormFactor Stock Performance

Shares of NASDAQ FORM opened at $114.16 on Monday. The company has a market cap of $8.90 billion, a PE ratio of 78.19 and a beta of 1.25. FormFactor, Inc. has a 12 month low of $27.81 and a 12 month high of $160.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.08 and a quick ratio of 3.34. The company has a 50-day simple moving average of $122.39 and a 200-day simple moving average of $116.48.

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

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.