Jefferies Financial Group Inc. Acquires Shares of 8,035 FormFactor, Inc. $FORM

Jefferies Financial Group Inc. bought a new stake in FormFactor, Inc. (NASDAQ:FORMFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 8,035 shares of the semiconductor company’s stock, valued at approximately $1,285,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in FormFactor in the second quarter valued at about $1,676,772,000. Andar Capital Management HK Ltd acquired a new stake in FormFactor in the second quarter worth about $27,000,000. Bank of America Corp DE raised its holdings in FormFactor by 4.0% during the 2nd quarter. Bank of America Corp DE now owns 2,806,905 shares of the semiconductor company’s stock worth $96,586,000 after purchasing an additional 108,487 shares during the last quarter. Alliancebernstein L.P. lifted its position in FormFactor by 3.2% during the 3rd quarter. Alliancebernstein L.P. now owns 2,397,161 shares of the semiconductor company’s stock valued at $87,305,000 after purchasing an additional 73,644 shares during the period. Finally, Morgan Stanley lifted its position in FormFactor by 98.5% during the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after purchasing an additional 1,127,146 shares during the period. Institutional investors own 98.76% of the company’s stock.

FormFactor Stock Down 0.0%

FormFactor stock opened at $101.69 on Monday. The company’s 50 day simple moving average is $118.46 and its 200 day simple moving average is $117.32. FormFactor, Inc. has a fifty-two week low of $27.81 and a fifty-two week high of $160.27. The firm has a market capitalization of $7.93 billion, a price-to-earnings ratio of 69.65 and a beta of 1.25. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.08 and a quick ratio of 3.34.

FormFactor (NASDAQ:FORMGet Free Report) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.61 by $0.21. The firm had revenue of $258.24 million during the quarter, compared to the consensus estimate of $240.00 million. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. The business’s quarterly revenue was up 31.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 earnings per share. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. As a group, sell-side analysts anticipate that FormFactor, Inc. will post 2.7 EPS for the current year.

Insider Activity at FormFactor

In related news, Director Dennis Thomas St sold 2,800 shares of the firm’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 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Mike Slessor sold 16,002 shares of FormFactor 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 transaction, the chief executive officer owned 484,204 shares in the company, valued at approximately $63,406,513.80. This represents a 3.20% decrease in their ownership of the stock. 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 sold a total of 37,020 shares of company stock worth $4,756,017 in the last quarter. Corporate insiders own 0.79% of the company’s stock.

Wall Street Analyst Weigh In

FORM has been the subject of several analyst reports. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. Wall Street Zen lowered shares of FormFactor from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 9th. B. Riley Financial raised shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price objective on the stock in a research note on Thursday, June 11th. TD Cowen dropped their target price on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. Finally, Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. 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 stock. According to MarketBeat, FormFactor presently has an average rating of “Moderate Buy” and an average price target of $127.45.

Get Our Latest Research Report on FormFactor

About FormFactor

(Free Report)

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.

See Also

Institutional Ownership by Quarter for FormFactor (NASDAQ:FORM)

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