Panview Capital Ltd Invests $36.57 Million in FormFactor, Inc. $FORM

Key Points

• Panview Capital initiated a $36.57 million FormFactor stake, purchasing 228,647 shares, or about 0.29% of the semiconductor testing company. FormFactor now represents 6.4% of Panview’s portfolio and is its eighth-largest holding.
• FormFactor recently exceeded expectations with quarterly EPS of $0.82 versus a $0.61 consensus and revenue of $258.24 million, up 31.9% year over year. Zacks subsequently raised its earnings forecasts through fiscal 2028, citing stronger expected demand and profitability.
• Despite a “Moderate Buy” analyst consensus and average price target of $127.45, the stock faces valuation and insider-selling concerns: shares trade near 78 times earnings, while insiders sold 37,020 shares worth approximately $4.76 million over the past 90 days.

Panview Capital Ltd bought a new stake in shares of FormFactor, Inc. (NASDAQ:FORM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 228,647 shares of the semiconductor company's stock, valued at approximately $36,568,000. FormFactor comprises 6.4% of Panview Capital Ltd's investment portfolio, making the stock its 8th largest holding. Panview Capital Ltd owned about 0.29% of FormFactor as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of FORM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in FormFactor by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company's stock valued at $1,303,000 after buying an additional 2,001 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of FormFactor by 870.3% in the first quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company's stock worth $150,000 after acquiring an additional 4,743 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of FormFactor by 12.2% in the first quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company's stock worth $13,873,000 after acquiring an additional 53,310 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of FormFactor by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company's stock valued at $4,922,000 after acquiring an additional 9,394 shares during the period. Finally, Intech Investment Management LLC raised its holdings in shares of FormFactor by 18.1% during the first quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company's stock valued at $1,514,000 after acquiring an additional 8,194 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

More FormFactor News

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Zacks increased its Q3 2026 EPS estimate to $0.78 from $0.48 and its FY2026 forecast to $2.68 from $1.99. Estimates for FY2027 rose to $3.11 from $2.19, while FY2028 increased to $3.39 from $2.47. These revisions signal stronger expected demand and profitability for FormFactor’s semiconductor testing business.
• Positive Sentiment: Quarterly estimates were also raised materially: Q4 2026 EPS increased to $0.70 from $0.53, Q1 2027 to $0.70 from $0.47, Q2 2027 to $0.75 from $0.58, and Q3 2027 to $0.85 from $0.56. Q1 and Q2 2028 estimates were lifted to $0.80 and $0.82, respectively.
• Neutral Sentiment: The upgrades are especially significant because the current full-year consensus estimate is $2.70 per share, close to Zacks’ revised FY2026 forecast. Investors may therefore view the revisions as supportive of longer-term growth but may wait for the company’s results and guidance to confirm the outlook.
• Negative Sentiment: FormFactor shares have decreased despite the favorable analyst revisions. The stock’s elevated valuation—approximately 78 times earnings—may be limiting enthusiasm, as investors could be taking profits or demanding stronger near-term results before assigning additional upside.

Insider Buying and Selling

In other FormFactor news, CEO Mike Slessor sold 16,002 shares of the business's stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $130.95, for a total value of $2,095,461.90. Following the transaction, the chief executive officer owned 484,204 shares in the company, valued at $63,406,513.80. The trade was a 3.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dennis Thomas St sold 2,800 shares of the company's stock in a transaction dated Monday, June 15th. The stock was 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 in the company, valued at approximately $4,404,268.77. The trade was a 8.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 37,020 shares of company stock worth $4,756,017. Corporate insiders own 0.79% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Wall Street Zen lowered shares of FormFactor from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 9th. Northland Securities set a $118.00 target price on shares of FormFactor in a research note on Thursday, April 30th. Citigroup increased their target price on FormFactor to $165.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Weiss Ratings raised FormFactor from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, August 6th. Finally, TD Cowen lowered their price target on FormFactor from $150.00 to $100.00 and set a "hold" rating on the stock in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $127.45.

FormFactor Price Performance

FormFactor stock opened at $114.16 on Monday. FormFactor, Inc. has a twelve month low of $27.81 and a twelve month high of $160.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The firm has a market cap of $8.90 billion, a PE ratio of 78.19 and a beta of 1.25. The firm's 50 day moving average price is $122.39 and its two-hundred day moving average price is $116.48.

FormFactor (NASDAQ:FORM - Get Free Report) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.21. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. The company had revenue of $258.24 million during the quarter, compared to analyst estimates of $240.00 million. During the same quarter last year, the business posted $0.27 EPS. The company's revenue for the quarter was up 31.9% on a year-over-year basis. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, research analysts predict that FormFactor, Inc. will post 2.7 EPS for the current fiscal year.

About FormFactor

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source