Hsbc Holdings PLC Buys New Stake in FormFactor, Inc. $FORM

Hsbc Holdings PLC purchased a new stake in shares of FormFactor, Inc. (NASDAQ:FORM) during the 1st quarter, HoldingsChannel reports. The firm purchased 24,881 shares of the semiconductor company’s stock, valued at approximately $2,407,000.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on FORM shares. Northland Securities set a $118.00 price objective on shares of FormFactor in a research report on Thursday, April 30th. B. Riley Financial upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target for the company in a research report on Thursday, June 11th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $175.00 price target on shares of FormFactor in a research note on Monday, April 27th. Weiss Ratings lowered FormFactor from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, July 15th. Finally, Zacks Research downgraded FormFactor from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Six equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, FormFactor has a consensus rating of “Moderate Buy” and a consensus target price of $132.45.

FormFactor Stock Down 7.7%

FormFactor stock opened at $104.04 on Friday. The company has a market capitalization of $8.11 billion, a PE ratio of 119.59 and a beta of 1.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.69 and a current ratio of 4.55. FormFactor, Inc. has a fifty-two week low of $26.08 and a fifty-two week high of $160.27. The firm has a 50 day moving average price of $126.76 and a 200 day moving average price of $110.30.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, topping 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 company had revenue of $226.14 million for the quarter, compared to the consensus estimate of $225.54 million. During the same quarter in the prior year, the business earned $0.23 EPS. FormFactor’s revenue was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Research analysts expect that FormFactor, Inc. will post 2.03 earnings per share for the current year.

Insider Buying and Selling

In related 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 completion of the transaction, the director owned 29,073 shares in the company, valued at approximately $4,404,268.77. The trade was a 8.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Brian C. White sold 3,250 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $126.00, for a total value of $409,500.00. Following the transaction, the director directly owned 8,653 shares of the company’s stock, valued at approximately $1,090,278. This represents a 27.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 38,534 shares of company stock worth $4,864,118. Corporate insiders own 0.79% of the company’s stock.

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.