FormFactor, Inc. $FORM Stock Bought by Capstone Capital Management Ltd

Capstone Capital Management Ltd increased its position in FormFactor, Inc. (NASDAQ:FORM) by 44.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,151 shares of the semiconductor company’s stock after purchasing an additional 5,908 shares during the quarter. FormFactor makes up 1.1% of Capstone Capital Management Ltd’s portfolio, making the stock its 14th biggest position. Capstone Capital Management Ltd’s holdings in FormFactor were worth $2,859,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Pinnacle Associates Ltd. boosted its stake in FormFactor by 7.3% during the 3rd quarter. Pinnacle Associates Ltd. now owns 189,327 shares of the semiconductor company’s stock worth $28,268,000 after acquiring an additional 12,830 shares during the last quarter. Nisa Investment Advisors LLC raised its position in FormFactor by 14.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,452 shares of the semiconductor company’s stock valued at $515,000 after buying an additional 433 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in FormFactor in the 3rd quarter valued at $2,715,000. Vontobel Holding Ltd. grew its holdings in shares of FormFactor by 24.3% in the 3rd quarter. Vontobel Holding Ltd. now owns 10,945 shares of the semiconductor company’s stock valued at $1,634,000 after acquiring an additional 2,139 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its stake in FormFactor by 96.1% in the 3rd quarter. V Square Quantitative Management LLC now owns 253 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 124 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors.

FormFactor Stock Performance

Shares of FormFactor stock opened at $107.70 on Wednesday. The business has a 50 day moving average price of $119.84 and a 200-day moving average price of $123.88. The company has a market cap of $8.40 billion, a PE ratio of 73.77 and a beta of 1.18. The company has a quick ratio of 3.34, a current ratio of 4.08 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 52 week low of $40.60 and a 52 week high of $160.27.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.21. The company had revenue of $258.24 million during the quarter, compared to analyst estimates of $240.00 million. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. The firm’s revenue for the quarter was up 31.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.27 earnings per share. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. Equities analysts anticipate that FormFactor, Inc. will post 2.70 earnings per share for the current fiscal year.

Analysts Set New Price Targets

FORM has been the subject of several research analyst reports. Evercore set a $150.00 target price on shares of FormFactor in a report on Thursday, July 30th. Wall Street Zen lowered shares of FormFactor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 9th. Deutsche Bank Aktiengesellschaft assumed coverage on FormFactor in a research report on Wednesday, September 30th. They set a “buy” rating and a $200.00 price target on the stock. TD Cowen reduced their target price on FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, July 30th. Finally, Zacks Research cut shares of FormFactor from a “strong-buy” rating to a “hold” rating in a research report on Monday. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, FormFactor presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.83.

Insider Activity at FormFactor

In other news, Director Kelley Steven-Waiss sold 2,100 shares of the business’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $96.10, for a total value of $201,810.00. Following the completion of the sale, the director owned 24,426 shares of the company’s stock, valued at approximately $2,347,338.60. The trade was a 7.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Mike Slessor sold 11,098 shares of FormFactor stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $125.20, for a total transaction of $1,389,469.60. Following the completion of the transaction, the chief executive officer directly owned 455,596 shares in the company, valued at approximately $57,040,619.20. The trade was a 2.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 46,710 shares of company stock valued at $5,520,564. 0.79% of the stock is currently owned by company insiders.

FormFactor Profile

FormFactor, Inc is a semiconductor test and measurement company that designs and manufactures equipment and components used to evaluate integrated circuits during the wafer fabrication and production process. Its products help semiconductor manufacturers and suppliers measure electrical performance, identify defects and improve the development and manufacturing of advanced chips.

The company’s portfolio includes probe cards used for wafer-level testing, as well as probe stations, analytical systems and related accessories for semiconductor engineering and production applications.