FormFactor, Inc. $FORM Stock: Capstone Capital Management Ltd Raises Stake

Capstone Capital Management Ltd raised its position in shares of FormFactor, Inc. (NASDAQ:FORM) by 44.6% in the third quarter, HoldingsChannel reports. The firm owned 19,151 shares of the semiconductor company’s stock after buying an additional 5,908 shares during the quarter. FormFactor makes up 1.1% of Capstone Capital Management Ltd’s investment portfolio, making the stock its 14th largest position. Capstone Capital Management Ltd’s holdings in FormFactor were worth $2,859,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. NorthCrest Asset Manangement LLC raised its stake in FormFactor by 0.5% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 18,442 shares of the semiconductor company’s stock worth $2,529,000 after acquiring an additional 89 shares during the period. V Square Quantitative Management LLC lifted its position in shares of FormFactor by 96.1% in the third quarter. V Square Quantitative Management LLC now owns 253 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 124 shares in the last quarter. Mirador Capital Partners LP boosted its stake in shares of FormFactor by 0.8% in the third quarter. Mirador Capital Partners LP now owns 18,089 shares of the semiconductor company’s stock worth $2,701,000 after acquiring an additional 145 shares during the period. Keating Financial Advisory Services Inc. purchased a new stake in FormFactor during the 2nd quarter valued at approximately $25,000. Finally, Versant Capital Management Inc grew its stake in FormFactor by 12.9% during the third quarter. Versant Capital Management Inc now owns 1,607 shares of the semiconductor company’s stock valued at $240,000 after acquiring an additional 183 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

FormFactor Stock Performance

Shares of FORM stock opened at $107.70 on Wednesday. The business has a fifty day moving average of $119.84 and a 200 day moving average of $123.88. FormFactor, Inc. has a 1 year low of $40.60 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 firm has a market capitalization of $8.40 billion, a price-to-earnings ratio of 73.77 and a beta of 1.18.

FormFactor (NASDAQ:FORM) last released 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 return on equity of 13.44% and a net margin of 12.80%. The firm had revenue of $258.24 million during the quarter, compared to the consensus estimate of $240.00 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. As a group, research analysts expect that FormFactor, Inc. will post 2.70 earnings per share for the current year.

Insider Buying and Selling

In other FormFactor news, Director Kelley Steven-Waiss sold 2,100 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $96.10, for a total transaction of $201,810.00. Following the transaction, the director owned 24,426 shares in the company, valued at approximately $2,347,338.60. This represents a 7.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mike Slessor sold 11,098 shares of the business’s stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $125.20, for a total transaction of $1,389,469.60. Following the completion of the sale, the chief executive officer directly owned 455,596 shares of the company’s stock, valued at approximately $57,040,619.20. The trade was a 2.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 46,710 shares of company stock worth $5,520,564 in the last ninety days. Corporate insiders own 0.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on FORM. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of FormFactor in a research note on Tuesday, September 22nd. TD Cowen decreased their price objective on FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft assumed coverage on FormFactor in a research note on Wednesday, September 30th. They set a “buy” rating and a $200.00 target price on the stock. Finally, B. Riley Financial reiterated a “buy” rating on shares of FormFactor in a research report on Monday. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $131.83.

FormFactor Profile

FormFactor, Inc is a semiconductor test and measurement company that designs and manufactures equipment and components used to evaluate integrated circuits during the wafer fabrication and production process. Its products help semiconductor manufacturers and suppliers measure electrical performance, identify defects and improve the development and manufacturing of advanced chips.

The company’s portfolio includes probe cards used for wafer-level testing, as well as probe stations, analytical systems and related accessories for semiconductor engineering and production applications.