JPMorgan Chase & Co. Lowers Stake in FormFactor, Inc. $FORM

JPMorgan Chase & Co. decreased its position in shares of FormFactor, Inc. (NASDAQ:FORM) by 19.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 271,535 shares of the semiconductor company’s stock after selling 66,700 shares during the period. JPMorgan Chase & Co. owned 0.35% of FormFactor worth $9,889,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in FormFactor by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company’s stock valued at $1,303,000 after acquiring an additional 2,001 shares during the last quarter. Jones Financial Companies Lllp increased its stake in FormFactor by 870.3% in the first quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company’s stock valued at $150,000 after purchasing an additional 4,743 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in FormFactor by 12.2% during the first quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company’s stock worth $13,873,000 after buying an additional 53,310 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in FormFactor by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company’s stock worth $4,922,000 after buying an additional 9,394 shares during the last quarter. Finally, Intech Investment Management LLC grew its holdings in FormFactor by 18.1% in the 1st quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company’s stock valued at $1,514,000 after buying an additional 8,194 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

FormFactor Stock Down 1.9%

Shares of NASDAQ FORM opened at $85.01 on Friday. FormFactor, Inc. has a 12-month low of $22.58 and a 12-month high of $107.04. The company has a market cap of $6.62 billion, a P/E ratio of 123.20 and a beta of 1.03. The company has a current ratio of 4.50, a quick ratio of 3.60 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average price of $80.69 and a 200 day moving average price of $56.77.

FormFactor (NASDAQ:FORM) last released its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.35 by $0.11. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The company had revenue of $215.16 million for the quarter, compared to analyst estimates of $210.29 million. During the same period last year, the company posted $0.27 earnings per share. The firm’s revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Research analysts anticipate that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on FORM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a research note on Thursday, January 22nd. Cantor Fitzgerald boosted their target price on shares of FormFactor from $75.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, February 2nd. Itau BBA Securities raised shares of FormFactor to an “outperform” rating in a research report on Tuesday, January 27th. Evercore increased their price target on shares of FormFactor from $50.00 to $80.00 and gave the stock an “in-line” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen raised FormFactor from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, FormFactor has a consensus rating of “Moderate Buy” and an average price target of $80.91.

Insider Buying and Selling at FormFactor

In related news, Director Brian C. White sold 2,300 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $100.01, for a total transaction of $230,023.00. Following the transaction, the director directly owned 10,556 shares of the company’s stock, valued at approximately $1,055,705.56. The trade was a 17.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Kevin J. Brewer sold 3,000 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $96.20, for a total transaction of $288,600.00. Following the completion of the sale, the director directly owned 8,105 shares of the company’s stock, valued at $779,701. This trade represents a 27.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 103,324 shares of company stock worth $8,035,286. Insiders own 0.90% of the company’s stock.

About FormFactor

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.