FormFactor, Inc. $FORM Shares Sold by Keybank National Association OH

Keybank National Association OH trimmed its position in FormFactor, Inc. (NASDAQ:FORM) by 70.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,331 shares of the semiconductor company’s stock after selling 5,537 shares during the quarter. Keybank National Association OH’s holdings in FormFactor were worth $226,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC bought a new stake in shares of FormFactor during the 4th quarter valued at about $25,000. UMB Bank n.a. boosted its stake in FormFactor by 128.9% during the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 281 shares during the period. Torren Management LLC acquired a new stake in shares of FormFactor in the fourth quarter valued at approximately $41,000. Kestra Advisory Services LLC bought a new stake in shares of FormFactor during the fourth quarter valued at approximately $53,000. Finally, Clearstead Advisors LLC boosted its position in shares of FormFactor by 58.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock worth $59,000 after buying an additional 389 shares during the period. Institutional investors own 98.76% of the company’s stock.

Analyst Ratings Changes

FORM has been the subject of a number of analyst reports. B. Riley Financial upgraded FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target for the company in a research report on Thursday, June 11th. Craig Hallum upgraded shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective on the stock in a research note on Tuesday, May 12th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Cantor Fitzgerald restated an “overweight” rating and set a $175.00 price target on shares of FormFactor in a research report on Monday, April 27th. Finally, Evercore raised shares of FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price target for the company in a research note on Friday, June 5th. One equities research 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 company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $132.45.

Insider Activity

In related news, Director Brian C. White sold 3,250 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $126.00, for a total value of $409,500.00. Following the completion of the sale, the director owned 8,653 shares in the company, valued at approximately $1,090,278. This represents a 27.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Rebeca Obregon-Jimenez sold 3,828 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $126.47, for a total transaction of $484,127.16. Following the completion of the transaction, the director directly owned 7,875 shares of the company’s stock, valued at $995,951.25. This represents a 32.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 49,828 shares of company stock worth $6,306,587. 0.79% of the stock is owned by company insiders.

FormFactor Price Performance

Shares of NASDAQ:FORM traded down $1.92 during trading hours on Friday, hitting $117.52. 1,001,752 shares of the company’s stock traded hands, compared to its average volume of 2,002,938. The company’s fifty day simple moving average is $132.47 and its two-hundred day simple moving average is $106.60. The company has a market cap of $9.16 billion, a price-to-earnings ratio of 135.08 and a beta of 1.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.69 and a current ratio of 4.55. FormFactor, Inc. has a 52 week low of $26.08 and a 52 week high of $160.27.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.11. The firm had revenue of $226.14 million for the quarter, compared to analyst estimates of $225.54 million. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The firm’s quarterly revenue was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.23 earnings per share. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, equities analysts anticipate that FormFactor, Inc. will post 2.03 EPS for the current fiscal year.

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.