Pier Capital LLC Buys Shares of 86,298 FormFactor, Inc. $FORM

Pier Capital LLC bought a new stake in FormFactor, Inc. (NASDAQ:FORM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 86,298 shares of the semiconductor company’s stock, valued at approximately $4,814,000.

Other hedge funds have also recently made changes to their positions in the company. Torren Management LLC bought a new stake in shares of FormFactor in the fourth quarter valued at $41,000. Jones Financial Companies Lllp raised its stake in shares of FormFactor by 84.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 453 shares during the period. Hantz Financial Services Inc. raised its stake in shares of FormFactor by 547.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 882 shares during the period. State of Wyoming raised its stake in shares of 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 purchasing an additional 261 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of FormFactor by 208.7% during 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. 98.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

FORM has been the topic of a number of analyst reports. Northland Securities set a $118.00 price objective on FormFactor in a research note on Thursday, April 30th. Loop Capital set a $64.00 price objective on FormFactor in a research note on Tuesday, January 27th. Cantor Fitzgerald reiterated an “overweight” rating and set a $175.00 price objective on shares of FormFactor in a research note on Monday, April 27th. Citigroup upped their target price on FormFactor to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Itau BBA Securities upgraded FormFactor to an “outperform” rating in a research note on Tuesday, January 27th. Three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $121.55.

Insider Transactions at FormFactor

In other news, Director Brian C. White sold 5,500 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $90.95, for a total value of $500,225.00. Following the completion of the transaction, the director directly owned 12,856 shares in the company, valued at approximately $1,169,253.20. This represents a 29.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dennis Thomas St sold 7,431 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $93.84, for a total value of $697,325.04. Following the sale, the director owned 31,526 shares of the company’s stock, valued at $2,958,399.84. This represents a 19.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 64,482 shares of company stock worth $6,438,951. Company insiders own 0.79% of the company’s stock.

FormFactor Price Performance

FORM opened at $144.68 on Friday. The stock has a 50-day moving average price of $112.60 and a 200-day moving average price of $81.34. FormFactor, Inc. has a 12-month low of $26.08 and a 12-month high of $159.09. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $11.28 billion, a P/E ratio of 166.30 and a beta of 1.32.

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