FormFactor (NASDAQ:FORM) Director Sells $424,172.00 in Stock

FormFactor, Inc. (NASDAQ:FORM) Director Dennis Thomas St sold 2,800 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $151.49, for a total value of $424,172.00. Following the transaction, the director owned 29,073 shares in the company, valued at $4,404,268.77. This trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Tuesday, May 19th, Dennis Thomas St sold 1,000 shares of FormFactor stock. The shares were sold at an average price of $115.84, for a total value of $115,840.00.

FormFactor Stock Performance

NASDAQ FORM traded down $12.36 during trading hours on Tuesday, hitting $140.24. The company had a trading volume of 1,147,088 shares, compared to its average volume of 1,479,766. FormFactor, Inc. has a fifty-two week low of $26.08 and a fifty-two week high of $159.09. The company has a quick ratio of 3.69, a current ratio of 4.55 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $131.30 and a 200-day simple moving average of $96.99. The firm has a market cap of $10.93 billion, a P/E ratio of 161.20 and a beta of 1.26.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.11. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The firm had revenue of $226.14 million for the quarter, compared to analyst estimates of $225.54 million. During the same period last year, the company earned $0.23 earnings per share. The firm’s revenue for the quarter was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Equities analysts predict that FormFactor, Inc. will post 2.03 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have weighed in on FORM. Evercore raised FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 target price on the stock in a research report on Friday, June 5th. TD Cowen lifted their price target on FormFactor from $80.00 to $150.00 and gave the stock a “hold” rating in a research note on Thursday, April 30th. Weiss Ratings raised FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. B. Riley Financial upgraded FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price objective for the company in a research report on Thursday. Finally, Citigroup upped their price objective on shares of FormFactor to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. One 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’s stock. Based on data from MarketBeat.com, FormFactor has an average rating of “Moderate Buy” and an average target price of $132.45.

Institutional Investors Weigh In On FormFactor

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC acquired a new stake in FormFactor in the 4th quarter worth approximately $25,000. UMB Bank n.a. lifted its holdings in shares of FormFactor by 128.9% during the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after buying an additional 281 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings 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 buying an additional 453 shares during the last quarter. Torren Management LLC acquired a new position in shares of FormFactor during the fourth quarter worth approximately $41,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of FormFactor during the fourth quarter worth approximately $53,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

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.