FormFactor (FORM)

FormFactor International, Inc. • FormFactor, K.K. • FormFactor Korea, Inc. • FormFactor Singapore Pte. Ltd. • Microprobe HongKong Limited • FormFactor Technology (Suzhou) Co. Ltd. • FormFactor GmbH • Cascade Microtech Singapore Pte, Ltd • FormFactor International • Advanced Temperature Test Systems GmbH ...

IRS number

133711155

FORM stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$49.00

Low target

$44.00

High target

$52.00

TD Cowen

Maintains

Hold

$44.00

31 Oct 24

Needham

Maintains

Buy

$52.00

31 Oct 24

Latest filings (excl ownership)

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$15.00 mm in equity, sold $15.00 mm, 1 investor

5 Nov 24

Results of Operations and Financial Condition

6 Aug 24

Results of Operations and Financial Condition

31 Jul 24

Conflict minerals disclosure

30 May 24

8-K

Submission of Matters to a Vote of Security Holders

7 May 24

Results of Operations and Financial Condition

1 May 24

DEFA14A

Additional proxy soliciting materials

1 Apr 24

Transcripts

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FORM

Earnings call transcript

2024 Q3

30 Oct 24

FORM

Earnings call transcript

2024 Q2

31 Jul 24

FORM

Earnings call transcript

2024 Q1

1 May 24

FORM

Earnings call transcript

2023 Q4

7 Feb 24

FORM

Earnings call transcript

2023 Q3

1 Nov 23

FORM

Earnings call transcript

2023 Q2

2 Aug 23

FORM

Earnings call transcript

2023 Q2

2 Aug 23

FORM

Earnings call transcript

2023 Q1

3 May 23

FORM

Earnings call transcript

2022 Q4

8 Feb 23

FORM

Earnings call transcript

2022 Q3

27 Oct 22

Latest ownership filings

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MIKE SLESSOR

2 Jan 25

144

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

5 Nov 24

Financial summary

Financial statements Chart FORM financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	190.49 mm	190.49 mm	190.49 mm	190.49 mm	190.49 mm	190.49 mm
Cash burn (monthly)	4.49 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	18.34 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	172.15 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	38.4	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from FormFactor earnings reports.

Institutional ownership, Q3 2024

FORM institutional ownership history Ownership history

95.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	317	311	+1.9%
Opened positions	54	78	-30.8%
Closed positions	48	20	+140.0%
Increased positions	124	89	+39.3%
Reduced positions	101	110	-8.2%

13F shares	Current	Prev Q	Change
Total value	3.29 tn	4.41 tn	-25.4%
Total shares	73.79 mm	75.10 mm	-1.7%
Total puts	14.60 k	15.30 k	-4.6%
Total calls	87.60 k	72.50 k	+20.8%
Total put/call ratio	0.2	0.2	-21.0%

Largest owners	Shares	Value	Change
BlackRock	11.93 mm	$548.85 bn	NEW
Vanguard	10.10 mm	$464.47 bn	+4.6%
Earnest Partners	5.44 mm	$250.36 bn	-4.4%
STT State Street	2.91 mm	$134.02 bn	+1.4%
Primecap Management	2.84 mm	$130.56 bn	-1.3%
Geode Capital Management	2.07 mm	$95.11 bn	+3.7%
Dimensional Fund Advisors	1.99 mm	$91.63 bn	-7.6%
BAC Bank of America	1.96 mm	$90.03 bn	-7.8%
Hood River Capital Management	1.63 mm	$74.81 bn	-8.9%
Channing Capital Management	1.39 mm	$63.71 bn	NEW

Largest transactions	Shares	Bought/sold	Change
BlackRock	11.93 mm	+11.93 mm	NEW
BLK BlackRock	0.00	-11.73 mm	EXIT
Channing Capital Management	1.39 mm	+1.39 mm	NEW
IVZ Invesco	972.39 k	-1.33 mm	-57.8%
Vanguard	10.10 mm	+442.32 k	+4.6%
Norges Bank	0.00	-411.75 k	EXIT
Voya Investment Management	37.38 k	-410.62 k	-91.7%
Thrivent Financial For Lutherans	60.77 k	-366.11 k	-85.8%
American Century Companies	604.82 k	-306.08 k	-33.6%
Wellington Management	1.19 mm	-303.52 k	-20.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FORM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Jan 25	Mike Slessor	Common Stock	Sell	Dispose S	No	Yes	45.01	400	18.00 k	522,531
2 Jan 25	Mike Slessor	Common Stock	Sell	Dispose S	No	Yes	44.38	3,600	159.77 k	522,931
2 Dec 24	Mike Slessor	Common Stock	Sell	Dispose S	No	Yes	41.17	101	4.16 k	526,531
2 Dec 24	Mike Slessor	Common Stock	Sell	Dispose S	No	Yes	40.57	3,899	158.18 k	526,632
7 Nov 24	Mike Slessor	Common Stock	Payment of exercise	Dispose F	No	No	42.4	3,276	138.90 k	530,531
7 Nov 24	Mike Slessor	Common Stock	Option exercise	Acquire M	No	No	0	5,908	0.00	533,807
7 Nov 24	Mike Slessor	RSU Common Stock	Option exercise	Dispose M	No	No	0	5,908	0.00	41,356
7 Nov 24	Shahar Shai	Common Stock	Payment of exercise	Dispose F	No	No	42.4	1,640	69.54 k	39,782
7 Nov 24	Shahar Shai	Common Stock	Option exercise	Acquire M	No	No	0	2,955	0.00	41,422
7 Nov 24	Shahar Shai	RSU Common Stock	Option exercise	Dispose M	No	No	0	2,955	0.00	20,685