Brian White Sells 5,500 Shares of FormFactor (NASDAQ:FORM) Stock

FormFactor, Inc. (NASDAQ:FORM) Director Brian White sold 5,500 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $90.95, for a total value of $500,225.00. Following the completion of the transaction, the director owned 12,856 shares of the company’s stock, valued at $1,169,253.20. This trade represents a 29.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

FormFactor Trading Down 1.7%

FORM stock traded down $1.58 during mid-day trading on Tuesday, reaching $93.30. 1,451,710 shares of the stock traded hands, compared to its average volume of 1,805,343. The company has a current ratio of 4.50, a quick ratio of 3.60 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 52-week low of $22.58 and a 52-week high of $97.00. The company has a market cap of $7.23 billion, a P/E ratio of 135.22 and a beta of 1.11. The stock’s fifty day moving average is $66.97 and its 200-day moving average is $48.87.

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 business had revenue of $215.16 million for 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 firm’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the firm posted $0.27 earnings per share. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. As a group, sell-side analysts expect that FormFactor, Inc. will post 0.9 earnings per share for the current year.

Hedge Funds Weigh In On FormFactor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC bought a new stake in FormFactor in the third quarter worth approximately $25,000. Torren Management LLC bought a new stake in FormFactor in the fourth quarter worth $41,000. Jones Financial Companies Lllp increased its position in FormFactor by 84.4% during the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after buying an additional 453 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in FormFactor by 547.8% during the third quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 882 shares in the last quarter. Finally, Clearstead Advisors LLC lifted its position in shares of FormFactor by 58.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock worth $59,000 after buying an additional 389 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Freedom Capital upgraded FormFactor to a “hold” rating in a report on Tuesday, January 27th. Loop Capital set a $64.00 price objective on FormFactor in a research report on Tuesday, January 27th. Citigroup upped their target price on FormFactor from $96.00 to $98.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Evercore increased their price target on shares of FormFactor from $50.00 to $80.00 and gave the stock an “in-line” rating in a research report on Thursday, February 5th. Finally, Craig Hallum reaffirmed a “buy” rating and set a $90.00 price objective on shares of FormFactor in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average 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.