FormFactor (NASDAQ:FORM) CFO Sells $313,034.04 in Stock

FormFactor, Inc. (NASDAQ:FORM) CFO Aric Brendan Mckinnis sold 3,462 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $90.42, for a total transaction of $313,034.04. Following the sale, the chief financial officer owned 11,140 shares in the company, valued at approximately $1,007,278.80. The trade was a 23.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

FormFactor Price Performance

Shares of NASDAQ FORM traded down $1.66 during midday trading on Friday, reaching $85.01. The stock had a trading volume of 1,475,102 shares, compared to its average volume of 1,550,689. The company has a market capitalization of $6.62 billion, a price-to-earnings ratio of 123.20 and a beta of 1.03. FormFactor, Inc. has a 12-month low of $22.58 and a 12-month high of $107.04. The stock has a 50-day moving average of $80.15 and a 200-day moving average of $56.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.60 and a current ratio of 4.50.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The company had revenue of $215.16 million for the quarter, compared to analysts’ expectations of $210.29 million. During the same quarter in the previous year, the company earned $0.27 EPS. FormFactor’s revenue for the quarter was up 13.6% on a year-over-year basis. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. As a group, research analysts anticipate that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Institutional Investors Weigh In On FormFactor

Several hedge funds have recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in shares of FormFactor in the 3rd quarter worth approximately $25,000. Los Angeles Capital Management LLC purchased a new stake in shares of FormFactor during the 4th quarter valued at $25,000. UMB Bank n.a. increased its position in FormFactor by 128.9% during the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 281 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of FormFactor by 84.4% during the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 453 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its position in FormFactor by 547.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 882 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on FORM. Freedom Capital raised shares of FormFactor to a “hold” rating in a report on Tuesday, January 27th. Wall Street Zen upgraded FormFactor from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Stifel Nicolaus increased their target price on FormFactor from $65.00 to $75.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Citigroup increased their price objective on shares of FormFactor from $96.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Finally, Cantor Fitzgerald boosted their price objective on FormFactor from $75.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $80.91.

FormFactor Company 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.