FormFactor (NASDAQ:FORM) Director Rebeca Obregon-Jimenez Sells 3,828 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) Director Rebeca Obregon-Jimenez sold 3,828 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $126.47, for a total transaction of $484,127.16. Following the sale, the director directly owned 7,875 shares of the company’s stock, valued at approximately $995,951.25. This represents a 32.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

FormFactor Stock Up 0.8%

Shares of NASDAQ FORM opened at $128.99 on Friday. FormFactor, Inc. has a 12-month low of $26.08 and a 12-month high of $159.09. The stock has a market cap of $10.06 billion, a PE ratio of 148.27 and a beta of 1.32. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average of $120.61 and a 200 day moving average of $87.55.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.11. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The company had revenue of $226.14 million during the quarter, compared to analysts’ expectations of $225.54 million. During the same quarter in the prior year, the company earned $0.23 EPS. FormFactor’s revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, sell-side analysts predict that FormFactor, Inc. will post 2.03 EPS for the current fiscal year.

Hedge Funds Weigh In On FormFactor

Several large investors have recently made changes to their positions in FORM. Bank of America Corp DE increased its stake in FormFactor by 4.0% during the 2nd quarter. Bank of America Corp DE now owns 2,806,905 shares of the semiconductor company’s stock worth $96,586,000 after buying an additional 108,487 shares during the period. Alliancebernstein L.P. increased its stake in FormFactor by 3.2% during the 3rd quarter. Alliancebernstein L.P. now owns 2,397,161 shares of the semiconductor company’s stock worth $87,305,000 after buying an additional 73,644 shares during the period. Morgan Stanley increased its stake in FormFactor by 98.5% during the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock worth $126,708,000 after buying an additional 1,127,146 shares during the period. Geode Capital Management LLC increased its stake in FormFactor by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 1,885,847 shares of the semiconductor company’s stock worth $105,208,000 after buying an additional 7,150 shares during the period. Finally, Sei Investments Co. increased its stake in FormFactor by 3.5% during the 3rd quarter. Sei Investments Co. now owns 1,640,144 shares of the semiconductor company’s stock worth $59,734,000 after buying an additional 55,101 shares during the period. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FORM. Cantor Fitzgerald reiterated an “overweight” rating and issued a $175.00 target price on shares of FormFactor in a report on Monday, April 27th. Evercore set a $155.00 target price on shares of FormFactor in a report on Thursday, April 30th. Piper Sandler set a $100.00 target price on shares of FormFactor in a report on Monday, February 2nd. Wall Street Zen upgraded shares of FormFactor from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Finally, Freedom Capital upgraded shares of FormFactor to a “hold” rating in a report on Tuesday, January 27th. Four equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $132.45.

About FormFactor

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.