Paradigm Capital Management Inc. NY Acquires Shares of 27,900 FormFactor, Inc. $FORM

Paradigm Capital Management Inc. NY bought a new position in FormFactor, Inc. (NASDAQ:FORM) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 27,900 shares of the semiconductor company’s stock, valued at approximately $4,462,000.

Other institutional investors have also modified their holdings of the company. Keating Financial Advisory Services Inc. purchased a new stake in shares of FormFactor in the second quarter valued at approximately $25,000. Persistent Asset Partners Ltd purchased a new position in FormFactor during the 2nd quarter worth $43,000. Los Angeles Capital Management LLC purchased a new position in FormFactor during the 4th quarter worth $25,000. Allworth Financial LP bought a new stake in FormFactor during the 2nd quarter valued at $72,000. Finally, USA Financial Formulas bought a new stake in FormFactor during the 1st quarter valued at $46,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Sheri Rhodes sold 6,328 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $125.40, for a total transaction of $793,531.20. Following the completion of the sale, the director owned 5,375 shares of the company’s stock, valued at $674,025. This represents a 54.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dennis Thomas St sold 2,800 shares of the firm’s stock in a transaction that occurred 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 sale, the director owned 29,073 shares of the company’s stock, valued at approximately $4,404,268.77. This trade represents a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 37,020 shares of company stock worth $4,756,017 in the last 90 days. 0.79% of the stock is owned by corporate insiders.

FormFactor Price Performance

Shares of FORM stock opened at $107.90 on Tuesday. The stock’s 50-day moving average is $121.49 and its 200 day moving average is $116.71. FormFactor, Inc. has a 1-year low of $27.81 and a 1-year 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 market cap of $8.41 billion, a P/E ratio of 73.90 and a beta of 1.25.

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

Analysts Set New Price Targets

FORM has been the topic of a number of recent research reports. Cantor Fitzgerald reissued an “overweight” rating on shares of FormFactor in a research report on Monday, July 27th. Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective for the company in a research note on Tuesday, May 12th. Wall Street Zen cut shares of FormFactor from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 9th. Evercore set a $150.00 target price on shares of FormFactor in a research report on Thursday, July 30th. Finally, Northland Securities set a $118.00 price target on shares of FormFactor in a 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 given a Hold rating to the company. According to MarketBeat, FormFactor has an average rating of “Moderate Buy” and an average price target of $127.45.

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.