Andar Capital Management HK Ltd Takes $4.32 Million Position in FormFactor, Inc. $FORM

Andar Capital Management HK Ltd bought a new position in shares of FormFactor, Inc. (NASDAQ:FORM - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 27,000 shares of the semiconductor company's stock, valued at approximately $4,318,000. FormFactor accounts for 1.9% of Andar Capital Management HK Ltd's investment portfolio, making the stock its 12th largest position.

Several other large investors also recently modified their holdings of FORM. Los Angeles Capital Management LLC purchased a new stake in FormFactor in the fourth quarter worth $25,000. USA Financial Formulas purchased a new position in FormFactor during the 1st quarter valued at $46,000. UMB Bank n.a. raised its holdings in FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 281 shares in the last quarter. Torren Management LLC bought a new position in FormFactor in the 4th quarter worth $41,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of FormFactor in the 4th quarter worth about $53,000. 98.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

FORM has been the topic of a number of research reports. Zacks Research lowered shares of FormFactor from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 20th. Wall Street Zen lowered shares of FormFactor from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 9th. TD Cowen cut their price objective on FormFactor from $150.00 to $100.00 and set a "hold" rating on the stock in a research report on Thursday, July 30th. Evercore set a $150.00 target price on FormFactor in a report on Thursday, July 30th. Finally, Weiss Ratings raised FormFactor from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, August 6th. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $127.45.

FormFactor Price Performance

Shares of FormFactor stock opened at $131.60 on Monday. FormFactor, Inc. has a one year low of $27.00 and a one year high of $160.27. The stock has a market cap of $10.26 billion, a P/E ratio of 90.14 and a beta of 1.25. The stock's fifty day moving average is $122.84 and its 200 day moving average is $114.74. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08.

FormFactor (NASDAQ:FORM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.61 by $0.21. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. The firm had revenue of $258.24 million for the quarter, compared to the consensus estimate of $240.00 million. During the same period last year, the firm earned $0.27 EPS. The company's revenue was up 31.9% on a year-over-year basis. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. Sell-side analysts anticipate that FormFactor, Inc. will post 2.7 earnings per share for the current year.

Insider Activity at FormFactor

In related news, Director Sheri Rhodes sold 6,328 shares of the business's stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $125.40, for a total value of $793,531.20. Following the transaction, the director directly owned 5,375 shares of the company's stock, valued at approximately $674,025. The trade was a 54.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Brian C. White sold 3,250 shares of the company's stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $126.00, for a total value of $409,500.00. Following the completion of the transaction, the director owned 8,653 shares of the company's stock, valued at $1,090,278. The trade was a 27.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 29,096 shares of company stock worth $3,670,022 in the last three months. Corporate insiders own 0.79% of the company's stock.

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.

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