Insider Selling: FormFactor (NASDAQ:FORM) Director Sells 6,328 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) Director Sheri Rhodes sold 6,328 shares of FormFactor stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $125.40, for a total value of $793,531.20. Following the transaction, the director directly owned 5,375 shares in the company, valued at approximately $674,025. This trade represents a 54.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FormFactor Stock Performance

FORM traded up $0.59 during trading on Thursday, hitting $126.61. 1,260,273 shares of the stock were exchanged, compared to its average volume of 1,697,226. The firm has a market capitalization of $9.87 billion, a P/E ratio of 145.53 and a beta of 1.26. FormFactor, Inc. has a 1-year low of $26.08 and a 1-year high of $159.09. The stock has a fifty day moving average price of $126.12 and a two-hundred day moving average price of $91.98. The company has a quick ratio of 3.69, a current ratio of 4.55 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM) last released its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.45 by $0.11. The company had revenue of $226.14 million for the quarter, compared to analyst estimates of $225.54 million. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The firm’s revenue was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 earnings per share. 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 earnings per share for the current year.

Wall Street Analysts Forecast Growth

FORM has been the topic of several analyst reports. Weiss Ratings upgraded FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Craig Hallum upgraded FormFactor from a “hold” rating to a “buy” rating and set a $175.00 target price on the stock in a research note on Tuesday, May 12th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $175.00 target price on shares of FormFactor in a research note on Monday, April 27th. TD Cowen lifted their target price on FormFactor from $80.00 to $150.00 and gave the company a “hold” rating in a research note on Thursday, April 30th. Finally, Citigroup lifted their target price on FormFactor to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, FormFactor has an average rating of “Moderate Buy” and a consensus target price of $132.45.

Institutional Trading of FormFactor

Institutional investors have recently modified their holdings of the business. Mercer Global Advisors Inc. ADV increased its stake in FormFactor by 2.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock worth $419,000 after acquiring an additional 157 shares during the last quarter. Blue Trust Inc. increased its stake in FormFactor by 1.9% during the first quarter. Blue Trust Inc. now owns 10,542 shares of the semiconductor company’s stock worth $1,022,000 after acquiring an additional 196 shares during the last quarter. State of Wyoming increased 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 worth $61,000 after acquiring an additional 261 shares during the last quarter. UMB Bank n.a. increased its stake in FormFactor by 128.9% during 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 last quarter. Finally, Maryland State Retirement & Pension System increased its stake in FormFactor by 2.7% during the fourth quarter. Maryland State Retirement & Pension System now owns 11,385 shares of the semiconductor company’s stock worth $635,000 after acquiring an additional 299 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

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.