Insider Selling: FormFactor (NASDAQ:FORM) CEO Sells 8,664 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM - Get Free Report) CEO Mike Slessor sold 8,664 shares of the firm's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $94.14, for a total value of $815,628.96. Following the sale, the chief executive officer owned 471,086 shares in the company, valued at $44,348,036.04. This trade represents a 1.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Mike Slessor also recently made the following trade(s):

  • On Thursday, January 15th, Mike Slessor sold 13,088 shares of FormFactor stock. The shares were sold at an average price of $76.81, for a total value of $1,005,289.28.
  • On Tuesday, January 6th, Mike Slessor sold 39,606 shares of FormFactor stock. The stock was sold at an average price of $65.00, for a total value of $2,574,390.00.
  • On Wednesday, December 17th, Mike Slessor sold 7,669 shares of FormFactor stock. The stock was sold at an average price of $56.36, for a total value of $432,224.84.

FormFactor Trading Down 0.7%




NASDAQ FORM opened at $94.68 on Thursday. FormFactor, Inc. has a 12 month low of $22.58 and a 12 month high of $100.01. The company has a 50-day moving average of $71.48 and a 200-day moving average of $51.41. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.50 and a quick ratio of 3.60. The company has a market cap of $7.34 billion, a P/E ratio of 137.22 and a beta of 1.11.

FormFactor (NASDAQ:FORM - Get Free Report) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The business had revenue of $215.16 million for the quarter, compared to analysts' expectations of $210.29 million. During the same period last year, the company earned $0.27 earnings per share. The company's quarterly revenue was up 13.6% on a year-over-year basis. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. As a group, equities analysts predict that FormFactor, Inc. will post 0.9 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. TD Cowen increased their target price on FormFactor from $50.00 to $80.00 and gave the stock a "hold" rating in a research report on Thursday, February 5th. Freedom Capital upgraded FormFactor to a "hold" rating in a research note on Tuesday, January 27th. Evercore lifted their price objective on FormFactor from $50.00 to $80.00 and gave the company an "in-line" rating in a research note on Thursday, February 5th. Northland Securities set a $70.00 target price on FormFactor in a report on Thursday, February 5th. Finally, DA Davidson set a $55.00 price target on shares of FormFactor in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $80.91.

View Our Latest Report on FORM

Institutional Investors Weigh In On FormFactor

A number of large investors have recently modified their holdings of FORM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in FormFactor by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company's stock worth $1,303,000 after acquiring an additional 2,001 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of FormFactor by 870.3% during the first quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company's stock valued at $150,000 after purchasing an additional 4,743 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of FormFactor by 12.2% during the first quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company's stock worth $13,873,000 after purchasing an additional 53,310 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of FormFactor by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company's stock worth $4,922,000 after purchasing an additional 9,394 shares in the last quarter. Finally, Intech Investment Management LLC boosted its stake in shares of FormFactor by 18.1% in the first quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company's stock valued at $1,514,000 after purchasing an additional 8,194 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

FormFactor Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for FormFactor (NASDAQ:FORM)

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