12,800 Shares in FormFactor, Inc. $FORM Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

Posted by Brenda Bartman on Sep 12th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in FormFactor, Inc. (NASDAQ:FORM – Free Report) during the second quarter, Holdings Channel.com reports. The fund bought 12,800 shares of the semiconductor company’s stock, valued at approximately $2,047,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. California State Teachers Retirement System raised its position in shares of FormFactor by 16,039.9% during the 2nd quarter. California State Teachers Retirement System now owns 14,465,988 shares of the semiconductor company’s stock valued at $2,313,545,000 after buying an additional 14,376,359 shares in the last quarter. BlackRock Inc. purchased a new position in FormFactor in the second quarter worth $1,676,772,000. Andar Capital Management HK Ltd bought a new position in FormFactor in the second quarter valued at $27,000,000. Bank of America Corp DE bought a new position in FormFactor in the second quarter valued at $285,257,000. Finally, Primecap Management Co. CA purchased a new stake in FormFactor during the second quarter valued at about $270,300,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Cantor Fitzgerald reiterated an “overweight” rating on shares of FormFactor in a report on Monday, July 27th. Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. Evercore set a $150.00 target price on FormFactor in a research note on Thursday, July 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 report on Thursday, June 11th. Finally, TD Cowen decreased their price target on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $127.45.

Check Out Our Latest Analysis on FormFactor

Insider Transactions at FormFactor

In related news, CEO Mike Slessor sold 16,002 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $130.95, for a total value of $2,095,461.90. Following the sale, the chief executive officer directly owned 484,204 shares of the company’s stock, valued at $63,406,513.80. This trade represents a 3.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Thomas St. Dennis sold 2,800 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $151.49, for a total value of $424,172.00. Following the transaction, the director owned 29,073 shares in the company, valued at approximately $4,404,268.77. This represents a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 20,902 shares of company stock worth $2,721,444. Company insiders own 0.79% of the company’s stock.

FormFactor Price Performance

Shares of FormFactor stock opened at $114.95 on Friday. 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 business’s 50 day simple moving average is $111.05 and its two-hundred day simple moving average is $117.87. The stock has a market capitalization of $8.96 billion, a P/E ratio of 78.73 and a beta of 1.24. FormFactor, Inc. has a one year low of $30.09 and a one year high of $160.27.

FormFactor (NASDAQ:FORM – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $240.00 million. During the same quarter in the prior year, the company posted $0.27 EPS. The firm’s revenue for the quarter was up 31.9% compared to the same quarter last year. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. Analysts forecast that FormFactor, Inc. will post 2.7 EPS for the current year.

FormFactor Profile

(Free Report)

FormFactor, Inc is a semiconductor test and measurement company that develops and manufactures equipment and components used to evaluate integrated circuits during wafer fabrication and final testing. Its products help semiconductor manufacturers and research organizations measure electrical performance, identify defects and improve yields before chips are packaged and shipped.

The company’s product portfolio includes advanced wafer probe cards, which establish electrical connections with semiconductor wafers during automated testing, as well as engineering probe systems, probe stations and related measurement technologies.