24,636 Shares in FormFactor, Inc. $FORM Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new stake in FormFactor, Inc. (NASDAQ:FORM) during the 2nd quarter, HoldingsChannel reports. The fund bought 24,636 shares of the semiconductor company’s stock, valued at approximately $3,940,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. UBS Group AG raised its position in shares of FormFactor by 38.8% during the 4th quarter. UBS Group AG now owns 283,393 shares of the semiconductor company’s stock worth $15,808,000 after buying an additional 79,240 shares in the last quarter. BlackRock Inc. bought a new position in FormFactor during the 2nd quarter valued at $1,676,772,000. Fisher Asset Management LLC increased its position in shares of FormFactor by 206.4% during the 4th quarter. Fisher Asset Management LLC now owns 436,045 shares of the semiconductor company’s stock valued at $24,323,000 after purchasing an additional 293,746 shares during the period. Hanseatic Management Services Inc. bought a new stake in shares of FormFactor in the 1st quarter worth $1,334,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of FormFactor in the 2nd quarter worth $4,108,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on FORM shares. Weiss Ratings raised FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Cantor Fitzgerald reissued an “overweight” rating on shares of FormFactor in a report on Monday, July 27th. Evercore set a $150.00 price objective on shares of FormFactor in a research report on Thursday, July 30th. Wall Street Zen cut shares of FormFactor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 9th. Finally, B. Riley Financial upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 target price on the stock in a report on Thursday, June 11th. One research 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $127.45.

FormFactor Price Performance

NASDAQ FORM opened at $96.76 on Friday. The company has a current ratio of 4.08, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 1 year low of $28.04 and a 1 year high of $160.27. The company has a market cap of $7.54 billion, a PE ratio of 66.27 and a beta of 1.24. The stock’s 50-day moving average price is $114.46 and its two-hundred day moving average price is $117.39.

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

Insider Activity at FormFactor

In other FormFactor news, CEO Mike Slessor sold 16,002 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $130.95, for a total transaction of $2,095,461.90. Following the sale, the chief executive officer directly owned 484,204 shares of the company’s stock, valued at $63,406,513.80. The trade was a 3.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Thomas St. Dennis sold 2,800 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $151.49, for a total value of $424,172.00. Following the completion of the sale, the director owned 29,073 shares of the company’s stock, valued at $4,404,268.77. The trade was a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 30,692 shares of company stock valued at $3,962,485. 0.79% of the stock is owned by insiders.

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.