FormFactor (NASDAQ:FORM) Stock Price Up 4.8% – Here’s What Happened

FormFactor, Inc. (NASDAQ:FORM)’s share price rose 4.8% during trading on Monday . The stock traded as high as $138.72 and last traded at $137.9060. Approximately 72,105 shares traded hands during trading, a decline of 96% from the average daily volume of 1,679,483 shares. The stock had previously closed at $131.60.

Analyst Ratings Changes

A number of brokerages have weighed in on FORM. Cantor Fitzgerald reiterated an “overweight” rating on shares of FormFactor in a report on Monday, July 27th. Wall Street Zen downgraded shares of FormFactor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 9th. Citigroup lifted their price objective on shares of FormFactor to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. Finally, B. Riley Financial raised shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 target price on the stock in a research note on Thursday, June 11th. Six equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $127.45.

FormFactor Stock Performance

The company’s 50 day simple moving average is $123.20 and its 200 day simple moving average is $115.56. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The stock has a market cap of $9.69 billion, a PE ratio of 85.16 and a beta of 1.25.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.21. The firm had revenue of $258.24 million for the quarter, compared to the consensus estimate of $240.00 million. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.The company’s revenue was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. Analysts expect that FormFactor, Inc. will post 2.7 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Rebeca Obregon-Jimenez sold 3,828 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $126.47, for a total transaction of $484,127.16. Following the completion of the transaction, the director owned 7,875 shares in the company, valued at approximately $995,951.25. This represents a 32.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mike Slessor sold 16,002 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $130.95, for a total transaction of $2,095,461.90. Following the sale, the chief executive officer owned 484,204 shares of the company’s stock, valued at $63,406,513.80. This trade represents a 3.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 40,848 shares of company stock valued at $5,240,144. 0.79% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FORM. UBS Group AG grew its holdings in FormFactor by 38.8% during the fourth quarter. UBS Group AG now owns 283,393 shares of the semiconductor company’s stock valued at $15,808,000 after purchasing an additional 79,240 shares during the period. Fisher Asset Management LLC raised its stake in shares of FormFactor by 206.4% in the fourth quarter. Fisher Asset Management LLC now owns 436,045 shares of the semiconductor company’s stock valued at $24,323,000 after buying an additional 293,746 shares during the period. Hanseatic Management Services Inc. bought a new stake in shares of FormFactor in the first quarter valued at $1,334,000. Jackson Creek Investment Advisors LLC purchased a new position in shares of FormFactor during the 4th quarter valued at $1,704,000. Finally, WINTON GROUP Ltd purchased a new position in shares of FormFactor during the 4th quarter valued at $610,000. 98.76% of the stock is owned by institutional investors.

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.