FormFactor (NASDAQ:FORM) CEO Sells $973,099.05 in Stock

FormFactor, Inc. (NASDAQ:FORM) CEO Mike Slessor sold 10,227 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $95.15, for a total value of $973,099.05. Following the transaction, the chief executive officer directly owned 460,859 shares in the company, valued at $43,850,733.85. The trade was a 2.17% decrease in their position. 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 Wednesday, February 18th, Mike Slessor sold 8,664 shares of FormFactor stock. The shares were 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 transaction of $2,574,390.00.

FormFactor Stock Down 3.0%

Shares of FormFactor stock opened at $92.22 on Friday. 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 cap of $7.19 billion, a price-to-earnings ratio of 133.65 and a beta of 1.03. The firm’s 50-day moving average is $86.91 and its two-hundred day moving average is $61.14. FormFactor, Inc. has a 1 year low of $22.58 and a 1 year high of $107.04.

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 business had revenue of $215.16 million during the quarter, compared to analyst estimates of $210.29 million. During the same quarter in the previous year, the business posted $0.27 EPS. The company’s quarterly revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. As a group, research analysts expect that FormFactor, Inc. will post 0.9 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FormFactor

Institutional investors and hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. lifted its holdings in shares of FormFactor by 5,596.8% during the 4th quarter. Victory Capital Management Inc. now owns 1,256,545 shares of the semiconductor company’s stock valued at $70,090,000 after purchasing an additional 1,234,488 shares during the last quarter. Morgan Stanley boosted its position in shares of FormFactor by 98.5% in the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock worth $126,708,000 after purchasing an additional 1,127,146 shares in the last quarter. Fuller & Thaler Asset Management Inc. purchased a new position in FormFactor during the 4th quarter worth $60,495,000. Westfield Capital Management Co. LP purchased a new position in FormFactor during the 3rd quarter worth $37,391,000. Finally, Shannon River Fund Management LLC acquired a new position in FormFactor during the 3rd quarter valued at about $35,260,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FORM has been the subject of a number of analyst reports. Piper Sandler set a $100.00 target price on FormFactor in a report on Monday, February 2nd. Cantor Fitzgerald boosted their price target on FormFactor from $75.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Stifel Nicolaus boosted their price target on FormFactor from $65.00 to $75.00 and gave the stock a “hold” rating in a research report on Thursday, February 5th. Evercore upped their price objective on FormFactor from $50.00 to $80.00 and gave the stock an “in-line” rating in a research note on Thursday, February 5th. Finally, TD Cowen raised their price objective on FormFactor from $50.00 to $80.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.91.

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.