34,400 Shares in FormFactor, Inc. $FORM Bought by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new position in FormFactor, Inc. (NASDAQ:FORM) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 34,400 shares of the semiconductor company’s stock, valued at approximately $3,336,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FORM. Los Angeles Capital Management LLC purchased a new stake in shares of FormFactor in the 4th quarter worth about $25,000. UMB Bank n.a. grew its holdings in FormFactor by 128.9% in the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares during the period. Torren Management LLC bought a new position in shares of FormFactor during the fourth quarter valued at approximately $41,000. Kestra Advisory Services LLC purchased a new position in shares of FormFactor during the fourth quarter valued at approximately $53,000. Finally, Clearstead Advisors LLC boosted its position in shares of FormFactor by 58.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 389 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $175.00 price objective on shares of FormFactor in a research report on Monday, April 27th. Stifel Nicolaus set a $135.00 price target on 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 on the stock in a research note on Thursday, June 11th. Evercore upgraded shares of FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price objective for the company in a research note on Friday, June 5th. Finally, Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $132.45.

Insider Transactions at FormFactor

In other news, Director Sheri Rhodes sold 6,328 shares of the business’s 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 transaction, the director directly owned 5,375 shares of the company’s stock, valued at $674,025. The trade was a 54.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dennis Thomas St sold 2,800 shares of the 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 transaction, the director owned 29,073 shares in the company, valued at approximately $4,404,268.77. This trade represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 49,828 shares of company stock valued at $6,306,587. Company insiders own 0.79% of the company’s stock.

FormFactor Stock Down 12.1%

FORM stock opened at $130.74 on Friday. The stock has a market capitalization of $10.19 billion, a P/E ratio of 150.28 and a beta of 1.26. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.55 and a quick ratio of 3.69. FormFactor, Inc. has a 1-year low of $26.08 and a 1-year high of $159.09. The business has a fifty day moving average price of $135.32 and a 200-day moving average price of $101.68.

FormFactor (NASDAQ:FORM) last released its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.56 EPS 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 during the quarter, compared to the consensus estimate of $225.54 million. During the same period last year, the company earned $0.23 EPS. FormFactor’s revenue for the quarter was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Equities analysts forecast that FormFactor, Inc. will post 2.03 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.