Mike Slessor Sells 10,227 Shares of FormFactor (NASDAQ:FORM) Stock

FormFactor, Inc. (NASDAQ:FORM) CEO Mike Slessor sold 10,227 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $95.15, for a total value of $973,099.05. Following the sale, the chief executive officer owned 460,859 shares of the company’s stock, valued at $43,850,733.85. This represents a 2.17% 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 this hyperlink.

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

• On Wednesday, February 18th, Mike Slessor sold 8,664 shares of FormFactor stock. The stock was sold at an average price of $94.14, for a total value of $815,628.96.
• On Thursday, January 15th, Mike Slessor sold 13,088 shares of FormFactor stock. The shares were sold at an average price of $76.81, for a total value of $1,005,289.28.
• On Tuesday, January 6th, Mike Slessor sold 39,606 shares of FormFactor stock. The stock was sold at an average price of $65.00, for a total value of $2,574,390.00.

FormFactor Stock Down 1.1%

FORM opened at $95.10 on Friday. The firm has a 50 day moving average price of $86.44 and a 200 day moving average price of $60.71. The company has a market cap of $7.41 billion, a PE ratio of 137.83 and a beta of 1.03. FormFactor, Inc. has a 1 year low of $22.58 and a 1 year high of $107.04. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.60 and a current ratio of 4.50.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on FORM shares. Piper Sandler set a $100.00 price target on shares of FormFactor in a research report on Monday, February 2nd. Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. Citigroup boosted their price objective on FormFactor from $96.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Northland Securities set a $70.00 target price on FormFactor in a research report on Thursday, February 5th. Finally, Wall Street Zen upgraded FormFactor from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $80.91.

Hedge Funds Weigh In On FormFactor

Several large investors have recently modified their holdings of FORM. Mercer Global Advisors Inc. ADV increased its holdings in FormFactor by 2.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock valued at $419,000 after buying an additional 157 shares during the last quarter. State of Wyoming raised its stake in FormFactor by 18.4% during the third quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock valued at $61,000 after buying an additional 261 shares in the last quarter. UMB Bank n.a. lifted its holdings in FormFactor by 128.9% during the 4th 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. Maryland State Retirement & Pension System lifted its holdings in FormFactor by 2.7% during the 4th quarter. Maryland State Retirement & Pension System now owns 11,385 shares of the semiconductor company’s stock worth $635,000 after buying an additional 299 shares during the last quarter. Finally, Arizona State Retirement System grew its position in shares of FormFactor by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 22,796 shares of the semiconductor company’s stock worth $830,000 after acquiring an additional 335 shares in the last quarter. 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.