FormFactor, Inc. (NASDAQ:FORM) Director Dennis Thomas St sold 80,397 shares of FormFactor stock in a transaction dated Tuesday, February 14th. The shares were sold at an average price of $12.01, for a total value of $965,567.97. Following the transaction, the director now directly owns 183,337 shares in the company, valued at $2,201,877.37. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Dennis Thomas St also recently made the following trade(s):

  • On Monday, February 13th, Dennis Thomas St sold 18,404 shares of FormFactor stock. The shares were sold at an average price of $12.15, for a total value of $223,608.60.
  • On Wednesday, February 15th, Dennis Thomas St sold 156,971 shares of FormFactor stock. The shares were sold at an average price of $12.07, for a total value of $1,894,639.97.

FormFactor, Inc. (NASDAQ:FORM) traded down 2.282% on Thursday, reaching $11.775. The company had a trading volume of 291,162 shares. The stock’s 50 day moving average is $11.85 and its 200-day moving average is $10.82. FormFactor, Inc. has a 1-year low of $6.48 and a 1-year high of $13.15. The stock’s market capitalization is $833.74 million.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, February 8th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.02. FormFactor had a positive return on equity of 6.00% and a negative net margin of 1.71%. The company had revenue of $123.90 million for the quarter, compared to analyst estimates of $120.46 million. During the same period in the prior year, the company posted $0.10 EPS. The firm’s quarterly revenue was up 72.6% compared to the same quarter last year. On average, equities analysts predict that FormFactor, Inc. will post $0.87 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for FormFactor (NASDAQ:FORM)

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FORM has been the topic of a number of analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $13.00 price objective on shares of FormFactor in a research report on Wednesday, November 23rd. Zacks Investment Research cut FormFactor from a “buy” rating to a “hold” rating in a research report on Friday, October 28th. TheStreet cut FormFactor from a “buy” rating to a “hold” rating in a research report on Friday, October 28th. B. Riley reaffirmed a “buy” rating and set a $15.00 price objective on shares of FormFactor in a research report on Tuesday. Finally, DA Davidson lifted their price objective on FormFactor from $12.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, January 11th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $13.43.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Hood River Capital Management LLC raised its position in shares of FormFactor by 38.7% in the third quarter. Hood River Capital Management LLC now owns 917,166 shares of the company’s stock valued at $9,951,000 after buying an additional 255,817 shares in the last quarter. Peregrine Capital Management LLC purchased a new position in shares of FormFactor during the third quarter worth $21,554,000. Cadence Capital Management LLC raised its position in shares of FormFactor by 22.5% in the fourth quarter. Cadence Capital Management LLC now owns 94,906 shares of the company’s stock worth $1,063,000 after buying an additional 17,406 shares in the last quarter. Frontier Capital Management Co. LLC raised its position in shares of FormFactor by 16.1% in the fourth quarter. Frontier Capital Management Co. LLC now owns 2,888,461 shares of the company’s stock worth $32,351,000 after buying an additional 401,079 shares in the last quarter. Finally, Tygh Capital Management Inc. raised its position in shares of FormFactor by 18.7% in the third quarter. Tygh Capital Management Inc. now owns 593,360 shares of the company’s stock worth $6,438,000 after buying an additional 93,553 shares in the last quarter. 91.52% of the stock is currently owned by institutional investors.

FormFactor Company Profile

FormFactor, Inc designs, develops, manufactures, sells and supports semiconductor probe card products. The Company is a supplier of probe cards to the manufacturers of dynamic random-access memory (DRAM), flash memory devices, microprocessor, chipset and other system on chip (SoC) devices. Semiconductor manufacturers use its probe cards to perform wafer test, which is the testing of the semiconductor die, or chips.

5 Day Chart for NASDAQ:FORM

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