140,509 Shares in FormFactor, Inc. $FORM Acquired by Deutsche Bank AG

Deutsche Bank AG purchased a new position in FormFactor, Inc. (NASDAQ:FORM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 140,509 shares of the semiconductor company’s stock, valued at approximately $22,472,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Andar Capital Management HK Ltd bought a new stake in shares of FormFactor in the 2nd quarter worth approximately $27,000,000. Victory Capital Management Inc. increased its position in FormFactor by 5,596.8% during the 4th quarter. Victory Capital Management Inc. now owns 1,256,545 shares of the semiconductor company’s stock valued at $70,090,000 after purchasing an additional 1,234,488 shares during the period. Morgan Stanley increased its position in FormFactor by 98.5% during the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after purchasing an additional 1,127,146 shares during the period. Fuller & Thaler Asset Management Inc. bought a new position in FormFactor in the 4th quarter worth $60,495,000. Finally, Bank of New York Mellon Corp bought a new position in FormFactor in the 2nd quarter worth $103,844,000. Institutional investors own 98.76% of the company’s stock.

Insider Activity at FormFactor

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 sale, the chief executive officer directly owned 484,204 shares in the company, valued at approximately $63,406,513.80. This trade represents a 3.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sheri Rhodes sold 6,328 shares of FormFactor stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $125.40, for a total value of $793,531.20. Following the completion of the sale, the director directly owned 5,375 shares of the company’s stock, valued at approximately $674,025. The trade was a 54.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 37,020 shares of company stock valued at $4,756,017. 0.79% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

FORM has been the topic of a number of research analyst reports. B. Riley Financial upgraded 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. Zacks Research upgraded FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Citigroup raised their price objective on FormFactor to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Wall Street Zen downgraded shares of FormFactor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 9th. Finally, TD Cowen decreased their price target on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating for the company in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $127.45.

FormFactor Stock Down 1.3%

NASDAQ:FORM opened at $114.16 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The firm has a market cap of $8.90 billion, a P/E ratio of 78.19 and a beta of 1.25. FormFactor, Inc. has a fifty-two week low of $27.81 and a fifty-two week high of $160.27. The firm has a 50-day simple moving average of $122.39 and a two-hundred day simple moving average of $116.16.

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