Insider Selling: FormFactor (NASDAQ:FORM) Director Sells 1,000 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) Director Dennis Thomas St sold 1,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $115.84, for a total value of $115,840.00. Following the transaction, the director owned 31,873 shares in the company, valued at $3,692,168.32. This represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

FormFactor Stock Performance

FORM traded up $2.69 on Thursday, hitting $128.00. 1,466,842 shares of the stock traded hands, compared to its average volume of 1,704,035. FormFactor, Inc. has a 52 week low of $26.08 and a 52 week high of $159.09. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $9.98 billion, a PE ratio of 147.13 and a beta of 1.32. The business has a fifty day moving average price of $119.13 and a two-hundred day moving average price of $86.74.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.11. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The firm had revenue of $226.14 million for the quarter, compared to analyst estimates of $225.54 million. During the same period in the previous year, the company posted $0.23 earnings per share. The company’s quarterly revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. On average, research analysts predict that FormFactor, Inc. will post 2.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FORM has been the topic of a number of recent research reports. Zacks Research downgraded FormFactor from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Evercore set a $155.00 price objective on FormFactor in a report on Thursday, April 30th. TD Cowen lifted their price objective on FormFactor from $80.00 to $150.00 and gave the company a “hold” rating in a report on Thursday, April 30th. Wall Street Zen raised FormFactor from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Finally, B. Riley Financial lifted their price objective on FormFactor from $145.00 to $165.00 and gave the company a “neutral” rating in a report on Tuesday, May 12th. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $132.45.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. State of New Jersey Common Pension Fund D lifted its stake in shares of FormFactor by 24.8% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 76,376 shares of the semiconductor company’s stock valued at $2,782,000 after purchasing an additional 15,186 shares during the period. SG Americas Securities LLC acquired a new stake in shares of FormFactor during the third quarter worth $508,000. Shannon River Fund Management LLC bought a new stake in FormFactor in the third quarter valued at about $35,260,000. ProShare Advisors LLC grew its position in shares of FormFactor by 68.8% during the 3rd quarter. ProShare Advisors LLC now owns 29,336 shares of the semiconductor company’s stock worth $1,068,000 after buying an additional 11,956 shares during the period. Finally, Oppenheimer Asset Management Inc. increased its stake in shares of FormFactor by 20.5% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 71,583 shares of the semiconductor company’s stock valued at $2,607,000 after acquiring an additional 12,161 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

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.