FormFactor (NASDAQ:FORM) Director Kelley Steven-Waiss Sells 2,700 Shares

Key Points

  • Director Kelley Steven‑Waiss sold 2,700 shares on Dec. 2 at an average price of $55.97 for $151,119, trimming her holding by 7.61% to 32,779 shares (≈$1.83M).
  • FormFactor shares opened at $56.04 and were up about 2.2%; the company has a market cap of $4.34 billion, a PE ratio of 107.77, and a 12‑month range of $22.58–$61.10.
  • Analyst coverage is mixed: the stock carries a consensus "Hold" with an average target of $53.13, while firms like Cantor Fitzgerald (Overweight, $75) and Citi (Buy, $62) have recently issued bullish targets.

FormFactor, Inc. (NASDAQ:FORM - Get Free Report) Director Kelley Steven-Waiss sold 2,700 shares of the company's stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $55.97, for a total transaction of $151,119.00. Following the transaction, the director owned 32,779 shares in the company, valued at approximately $1,834,640.63. This trade represents a 7.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Kelley Steven-Waiss also recently made the following trade(s):

  • On Friday, September 12th, Kelley Steven-Waiss sold 3,600 shares of FormFactor stock. The stock was sold at an average price of $30.43, for a total transaction of $109,548.00.

FormFactor Stock Up 2.2%

NASDAQ:FORM opened at $56.04 on Wednesday. The company has a current ratio of 4.30, a quick ratio of 3.46 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a twelve month low of $22.58 and a twelve month high of $61.10. The company has a market cap of $4.34 billion, a PE ratio of 107.77 and a beta of 1.12. The company's 50 day moving average is $46.33 and its two-hundred day moving average is $37.17.

Analysts Set New Price Targets




FORM has been the topic of several research reports. Cantor Fitzgerald initiated coverage on FormFactor in a research report on Tuesday, November 18th. They issued an "overweight" rating and a $75.00 target price on the stock. Citigroup upgraded FormFactor from a "neutral" rating to a "buy" rating and boosted their price target for the company from $31.00 to $62.00 in a research note on Thursday, October 30th. TD Cowen raised their price objective on FormFactor from $35.00 to $50.00 and gave the stock a "hold" rating in a research note on Thursday, October 30th. Northland Securities set a $44.00 target price on FormFactor in a report on Thursday, October 30th. Finally, Zacks Research upgraded FormFactor from a "strong sell" rating to a "hold" rating in a research report on Monday, October 20th. Four equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $53.13.

Get Our Latest Analysis on FormFactor

Institutional Investors Weigh In On FormFactor

Hedge funds have recently bought and sold shares of the stock. Salomon & Ludwin LLC acquired a new stake in shares of FormFactor during the 3rd quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB boosted its holdings in FormFactor by 282.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 741 shares of the semiconductor company's stock worth $25,000 after buying an additional 547 shares in the last quarter. AlphaQuest LLC grew its position in FormFactor by 96,900.0% during the first quarter. AlphaQuest LLC now owns 970 shares of the semiconductor company's stock valued at $27,000 after buying an additional 969 shares during the period. Jones Financial Companies Lllp increased its holdings in FormFactor by 84.4% in the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company's stock valued at $35,000 after buying an additional 453 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in FormFactor by 547.8% in 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. Hedge funds and other institutional investors own 98.76% of the company's stock.

About FormFactor

(Get Free Report)

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.

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