FormFactor (NASDAQ:FORM) Hits New 52-Week High – Here’s What Happened

FormFactor, Inc. (NASDAQ:FORM)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $97.00 and last traded at $93.30, with a volume of 1451710 shares. The stock had previously closed at $94.88.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Stifel Nicolaus lifted their price objective on shares of FormFactor from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a report on Thursday, January 22nd. Freedom Capital raised shares of FormFactor to a “hold” rating in a research note on Tuesday, January 27th. B. Riley Financial reiterated a “buy” rating on shares of FormFactor in a report on Thursday, February 5th. Finally, Citigroup upped 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. One equities 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 company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $80.91.

FormFactor Stock Down 2.5%

The company has a debt-to-equity ratio of 0.01, a current ratio of 4.50 and a quick ratio of 3.60. The stock has a market capitalization of $7.26 billion, a price-to-earnings ratio of 135.77 and a beta of 1.11. The firm’s fifty day moving average is $68.47 and its 200-day moving average is $49.51.

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

Insider Activity

In other FormFactor news, Director Sheri Rhodes sold 7,634 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $92.61, for a total transaction of $706,984.74. Following the transaction, the director owned 10,356 shares of the company’s stock, valued at $959,069.16. This trade represents a 42.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Kevin J. Brewer sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $96.20, for a total value of $288,600.00. Following the completion of the sale, the director owned 8,105 shares of the company’s stock, valued at $779,701. This trade represents a 27.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 102,001 shares of company stock valued at $7,348,073 over the last three months. Company insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Quadrant Capital Group LLC grew its position in shares of FormFactor by 49.0% during the 4th quarter. Quadrant Capital Group LLC now owns 11,049 shares of the semiconductor company’s stock valued at $616,000 after buying an additional 3,634 shares during the last quarter. HRT Financial LP acquired a new position in FormFactor in the fourth quarter valued at approximately $1,888,000. Brooklyn Investment Group bought a new position in shares of FormFactor during the fourth quarter valued at approximately $301,000. Cibc World Markets Corp acquired a new stake in shares of FormFactor during the 4th quarter worth approximately $288,000. Finally, Commonwealth Equity Services LLC bought a new stake in shares of FormFactor in the 4th quarter worth approximately $292,000. 98.76% of the stock is currently owned by institutional investors.

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.