SG Americas Securities LLC Buys 161,494 Shares of FormFactor, Inc. $FORM

SG Americas Securities LLC grew its stake in shares of FormFactor, Inc. (NASDAQ:FORM) by 1,158.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 175,432 shares of the semiconductor company’s stock after buying an additional 161,494 shares during the period. SG Americas Securities LLC’s holdings in FormFactor were worth $9,786,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. increased its holdings in FormFactor by 384.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 562,769 shares of the semiconductor company’s stock worth $31,391,000 after acquiring an additional 446,615 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in FormFactor by 2.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,073 shares of the semiconductor company’s stock worth $897,000 after acquiring an additional 370 shares during the period. GAMMA Investing LLC lifted its holdings in FormFactor by 12.6% during the fourth quarter. GAMMA Investing LLC now owns 5,184 shares of the semiconductor company’s stock valued at $289,000 after purchasing an additional 579 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in FormFactor during the third quarter valued at approximately $303,000. Finally, CANADA LIFE ASSURANCE Co boosted its position in shares of FormFactor by 8.8% in the third quarter. CANADA LIFE ASSURANCE Co now owns 94,535 shares of the semiconductor company’s stock worth $3,423,000 after purchasing an additional 7,650 shares during the period. 98.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Kelley Steven-Waiss sold 2,200 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $93.70, for a total transaction of $206,140.00. Following the completion of the transaction, the director owned 30,579 shares in the company, valued at $2,865,252.30. This trade represents a 6.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Kevin J. Brewer sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $96.20, for a total value of $288,600.00. Following the transaction, the director owned 8,105 shares of the company’s stock, valued at approximately $779,701. The trade was a 27.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 105,882 shares of company stock worth $8,576,161 in the last 90 days. 0.96% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on FORM. Itau BBA Securities raised shares of FormFactor to an “outperform” rating in a research note on Tuesday, January 27th. Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. Loop Capital set a $64.00 target price on shares of FormFactor in a report on Tuesday, January 27th. Freedom Capital upgraded FormFactor to a “hold” rating in a research note on Tuesday, January 27th. Finally, Piper Sandler set a $100.00 price target on FormFactor in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $80.91.

FormFactor Stock Performance

Shares of FORM opened at $97.93 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.50 and a quick ratio of 3.60. FormFactor, Inc. has a 1 year low of $22.58 and a 1 year high of $110.09. The company has a 50 day simple moving average of $89.67 and a two-hundred day simple moving average of $64.15. The firm has a market cap of $7.63 billion, a P/E ratio of 141.93 and a beta of 1.03.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The firm had revenue of $215.16 million for the quarter, compared to the consensus estimate of $210.29 million. During the same quarter in the previous year, the firm earned $0.27 earnings per share. The company’s quarterly 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. On average, equities analysts expect that FormFactor, Inc. will post 0.9 earnings per share for the current fiscal year.

FormFactor Company 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.