Royce & Associates LP Has $53.49 Million Stake in FormFactor, Inc. $FORM

Royce & Associates LP reduced its position in shares of FormFactor, Inc. (NASDAQ:FORM) by 10.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,468,733 shares of the semiconductor company’s stock after selling 174,409 shares during the quarter. FormFactor accounts for 0.5% of Royce & Associates LP’s investment portfolio, making the stock its 26th biggest holding. Royce & Associates LP owned about 1.89% of FormFactor worth $53,491,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of FORM. Salomon & Ludwin LLC purchased a new position in shares of FormFactor during the third quarter valued at $25,000. Jones Financial Companies Lllp boosted its position in FormFactor by 84.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 453 shares during the period. Hantz Financial Services Inc. boosted its position in FormFactor by 547.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 882 shares during the period. State of Wyoming grew its stake in FormFactor by 18.4% during the 3rd quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock valued at $61,000 after acquiring an additional 261 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of FormFactor by 208.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,843 shares of the semiconductor company’s stock valued at $63,000 after purchasing an additional 1,246 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

Key FormFactor News

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Zacks Research raised near-term EPS estimates and reiterated a Strong-Buy, lifting Q3 2026 and Q4 2027 forecasts and projecting stronger FY2028 earnings — this boosts expectations for continued earnings momentum and supports the stock.
• Positive Sentiment: A bullish Seeking Alpha piece argues FormFactor is entering an HBM4-driven earnings inflection, framing current valuation as justified by accelerating demand for advanced memory test solutions. Article Title
• Neutral Sentiment: Brokerage consensus remains favorable overall (average “Moderate Buy”) with mixed price targets; this provides a backdrop of analyst support but varied upside expectations. Article Title
• Neutral Sentiment: Reported short interest data shows effectively zero reported short shares (appears to be a data glitch), so short-squeeze dynamics are not a meaningful driver today.
• Negative Sentiment: Insider selling: Director Brian White sold 2,300 shares for ~$230k, reducing his stake by ~18% — while not large versus market cap, insider sales can be perceived as a mild negative signal. Article Title
• Negative Sentiment: Sector/headline volatility: a news roundup noted sharp moves in FormFactor and peer names, which likely caused intraday pressure and higher intraday volume — investors should watch whether weakness is idiosyncratic or part of broader chip-sector swings. Article Title

Insider Activity

In other news, Director Sheri Rhodes sold 7,634 shares of FormFactor stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $92.61, for a total value of $706,984.74. Following the transaction, the director owned 10,356 shares of the company’s stock, valued at $959,069.16. This trade represents a 42.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kelley Steven-Waiss sold 2,200 shares of the business’s stock in a transaction on 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 sale, the director owned 30,579 shares of the company’s stock, valued at $2,865,252.30. The trade was a 6.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 102,562 shares of company stock valued at $7,873,371. Insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on FORM. Cantor Fitzgerald boosted their price objective on shares of FormFactor from $75.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of FormFactor in a research report on Thursday, January 22nd. Citigroup lifted their target price on shares of FormFactor from $96.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Wall Street Zen raised shares of FormFactor from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Evercore lifted their price objective on FormFactor from $50.00 to $80.00 and gave the company an “in-line” rating in a research report on Thursday, February 5th. One investment 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $80.91.

FormFactor Stock Up 1.2%

FormFactor stock opened at $98.88 on Friday. The company has a current ratio of 4.50, a quick ratio of 3.60 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 1-year low of $22.58 and a 1-year high of $107.04. The firm’s fifty day simple moving average is $77.36 and its 200-day simple moving average is $54.80. The company has a market capitalization of $7.70 billion, a P/E ratio of 143.31 and a beta of 1.11.

FormFactor (NASDAQ:FORM) last posted 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 period in the prior year, the business posted $0.27 earnings per share. The business’s quarterly revenue was up 13.6% on a year-over-year basis. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Sell-side analysts forecast 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.