FormFactor (NASDAQ:FORM) Trading 7.4% Higher – Time to Buy?

FormFactor, Inc. (NASDAQ:FORM)’s share price was up 7.4% on Tuesday . The stock traded as high as $103.00 and last traded at $104.3470. Approximately 440,280 shares were traded during trading, a decline of 70% from the average daily volume of 1,460,179 shares. The stock had previously closed at $97.20.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Northland Securities set a $70.00 price target on FormFactor in a report on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of FormFactor in a report on Thursday, January 22nd. Itau BBA Securities raised shares of FormFactor to an “outperform” rating in a report on Tuesday, January 27th. Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. Finally, Cantor Fitzgerald raised their price objective on shares of FormFactor from $75.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, FormFactor has an average rating of “Moderate Buy” and a consensus target price of $80.91.

FormFactor Stock Up 9.7%

The company has a quick ratio of 3.60, a current ratio of 4.50 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $8.31 billion, a PE ratio of 154.01 and a beta of 1.03. The company’s 50 day moving average is $87.39 and its two-hundred day moving average is $62.08.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings data 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. The firm had revenue of $215.16 million during the quarter, compared to analyst estimates of $210.29 million. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The business’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.27 earnings per share. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, analysts anticipate that FormFactor, Inc. will post 0.9 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Mike Slessor sold 10,227 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $95.15, for a total transaction of $973,099.05. Following the completion of the transaction, the chief executive officer directly owned 460,859 shares in the company, valued at approximately $43,850,733.85. This represents a 2.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Aric Brendan Mckinnis sold 3,462 shares of the firm’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $90.42, for a total transaction of $313,034.04. Following the completion of the transaction, the chief financial officer directly owned 11,140 shares of the company’s stock, valued at approximately $1,007,278.80. This trade represents a 23.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 105,882 shares of company stock worth $8,576,161. Insiders own 0.96% of the company’s stock.

Hedge Funds Weigh In On FormFactor

Several institutional investors have recently bought and sold shares of FORM. Salomon & Ludwin LLC bought a new stake in shares of FormFactor in the 3rd quarter worth about $25,000. Los Angeles Capital Management LLC purchased a new position in FormFactor in the fourth quarter worth about $25,000. UMB Bank n.a. grew its position in FormFactor by 128.9% in the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 281 shares in the last quarter. Jones Financial Companies Lllp increased its stake in 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. raised its position in FormFactor by 547.8% during the third quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 882 shares during the period. Institutional investors own 98.76% of the company’s stock.

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.