FormFactor (NASDAQ:FORM) CEO Sells $815,628.96 in Stock

FormFactor, Inc. (NASDAQ:FORM) CEO Mike Slessor sold 8,664 shares of FormFactor stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $94.14, for a total transaction of $815,628.96. Following the completion of the sale, the chief executive officer directly owned 471,086 shares of the company’s stock, valued at approximately $44,348,036.04. This trade represents a 1.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Mike Slessor also recently made the following trade(s):

• On Thursday, January 15th, Mike Slessor sold 13,088 shares of FormFactor stock. The stock was sold at an average price of $76.81, for a total transaction of $1,005,289.28.
• On Tuesday, January 6th, Mike Slessor sold 39,606 shares of FormFactor stock. The shares were sold at an average price of $65.00, for a total value of $2,574,390.00.
• On Wednesday, December 17th, Mike Slessor sold 7,669 shares of FormFactor stock. The shares were sold at an average price of $56.36, for a total value of $432,224.84.

FormFactor Stock Down 0.7%

NASDAQ:FORM traded down $0.70 on Wednesday, hitting $94.68. The stock had a trading volume of 865,995 shares, compared to its average volume of 1,646,018. The company has a quick ratio of 3.60, a current ratio of 4.50 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 52 week low of $22.58 and a 52 week high of $100.01. The business’s fifty day moving average is $71.48 and its 200 day moving average is $51.41. The company has a market cap of $7.34 billion, a PE ratio of 137.22 and a beta of 1.11.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.11. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The company had revenue of $215.16 million for the quarter, compared to analyst estimates of $210.29 million. During the same period in the prior year, the firm earned $0.27 earnings per share. 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. On average, equities research analysts expect that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Institutional Investors Weigh In On FormFactor

Several large investors have recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV boosted its holdings in shares of FormFactor by 2.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock worth $419,000 after buying an additional 157 shares during the last quarter. State of Wyoming increased its holdings in FormFactor by 18.4% during the third quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock worth $61,000 after buying an additional 261 shares during the last quarter. UMB Bank n.a. raised 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 during the period. Maryland State Retirement & Pension System boosted its stake in FormFactor by 2.7% in the fourth quarter. Maryland State Retirement & Pension System now owns 11,385 shares of the semiconductor company’s stock valued at $635,000 after acquiring an additional 299 shares during the last quarter. Finally, Arizona State Retirement System grew its position in shares of FormFactor by 1.5% during the 3rd quarter. Arizona State Retirement System now owns 22,796 shares of the semiconductor company’s stock valued at $830,000 after acquiring an additional 335 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Citigroup boosted their target price on shares of FormFactor from $96.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Freedom Capital upgraded FormFactor to a “hold” rating in a research note on Tuesday, January 27th. Weiss Ratings reissued a “hold (c)” rating on shares of FormFactor in a research note on Thursday, January 22nd. B. Riley Financial restated a “buy” rating on shares of FormFactor in a report on Thursday, February 5th. Finally, Craig Hallum reiterated a “buy” rating and set a $90.00 price target on shares of FormFactor in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target 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.