Calamos Advisors LLC Acquires New Shares in FormFactor, Inc. $FORM

Calamos Advisors LLC bought a new stake in shares of FormFactor, Inc. (NASDAQ:FORM) during the first quarter, Holdings Channel.com reports. The fund bought 30,909 shares of the semiconductor company’s stock, valued at approximately $2,998,000.

Several other institutional investors have also recently made changes to their positions in the stock. Los Angeles Capital Management LLC bought a new position in shares of FormFactor in the fourth quarter worth $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 valued at $28,000 after purchasing an additional 281 shares during the period. Torren Management LLC bought a new stake in shares of FormFactor during the 4th quarter valued at $41,000. Kestra Advisory Services LLC bought a new stake in shares of FormFactor during the 4th quarter valued at $53,000. Finally, Clearstead Advisors LLC lifted its holdings in FormFactor by 58.9% during 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

Several research analysts have commented on FORM shares. Cantor Fitzgerald restated an “overweight” rating and issued a $175.00 target price on shares of FormFactor in a research note on Monday, April 27th. Craig Hallum upgraded shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective for the company in a research report on Tuesday, May 12th. Weiss Ratings raised shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Citigroup upped their target price on shares of FormFactor to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Stifel Nicolaus set a $135.00 target price on shares of FormFactor in a research note on Thursday, April 30th. One equities research 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $132.45.

FormFactor Trading Down 0.4%

Shares of FORM opened at $115.81 on Thursday. The firm’s 50 day simple moving average is $130.72 and its 200 day simple moving average is $108.13. The company has a market capitalization of $9.03 billion, a P/E ratio of 133.12 and a beta of 1.22. 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 $160.27.

FormFactor (NASDAQ:FORM) last released its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.11. The business had revenue of $226.14 million during the quarter, compared to analysts’ expectations of $225.54 million. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The business’s quarterly revenue was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.23 EPS. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Sell-side analysts forecast that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Activity at FormFactor

In other news, Director Brian C. White sold 3,250 shares of FormFactor stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $126.00, for a total transaction of $409,500.00. Following the completion of the sale, the director directly owned 8,653 shares of the company’s stock, valued at approximately $1,090,278. The trade was a 27.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Dennis Thomas St sold 2,800 shares of the company’s stock in a transaction on Monday, June 15th. The stock was 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 of the company’s stock, valued at $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 38,534 shares of company stock worth $4,864,118 in the last three months. 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.