Silver Oak Securities Incorporated Buys New Shares in FormFactor, Inc. $FORM

Silver Oak Securities Incorporated purchased a new stake in shares of FormFactor, Inc. (NASDAQ:FORM) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,055 shares of the semiconductor company’s stock, valued at approximately $393,000.

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

Insider Transactions at FormFactor

In related news, Director Dennis Thomas St sold 2,800 shares of the 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 completion of the transaction, the director directly owned 29,073 shares of the company’s stock, valued at $4,404,268.77. This represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Rebeca Obregon-Jimenez sold 3,828 shares of the firm’s stock in a transaction dated 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 sale, the director owned 7,875 shares of the company’s stock, valued at $995,951.25. This trade represents a 32.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 49,828 shares of company stock worth $6,306,587. Corporate insiders own 0.79% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on FORM. Evercore upgraded shares of FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price objective for the company in a report on Friday, June 5th. Northland Securities set a $118.00 target price on shares of FormFactor in a research report on Thursday, April 30th. TD Cowen boosted their price target on shares of FormFactor from $80.00 to $150.00 and gave the stock a “hold” rating in a research note on Thursday, April 30th. Citigroup upped their price target on shares of FormFactor to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $132.45.

FormFactor Price Performance

FORM stock opened at $130.74 on Friday. The stock has a market capitalization of $10.19 billion, a price-to-earnings ratio of 150.28 and a beta of 1.26. The firm’s 50-day moving average price is $135.32 and its two-hundred day moving average price is $101.68. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 12-month low of $26.08 and a 12-month high of $159.09.

FormFactor (NASDAQ:FORM) last posted its 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. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The company had revenue of $226.14 million for the quarter, compared to analysts’ expectations of $225.54 million. During the same period last year, the firm earned $0.23 earnings per share. FormFactor’s quarterly revenue was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, equities analysts predict that FormFactor, Inc. will post 2.03 earnings per share for the current year.

FormFactor 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.