Key Points
- FormFactor director Brian White sold 3,250 shares on May 20 at an average price of $126.00, totaling $409,500. After the sale, he still held 8,653 shares, a 27.3% reduction in his ownership stake.
- The company recently beat earnings expectations, reporting Q1 EPS of $0.56 versus the $0.45 consensus estimate, with revenue of $226.14 million, up 31.9% year over year.
- Analysts remain mixed but generally cautious: the stock has a consensus rating of “Hold” with an average price target of $132.45, though some firms have recently upgraded it to “Buy” and set targets as high as $175.
FormFactor, Inc. (NASDAQ:FORM - Get Free Report) Director Dennis Thomas St sold 1,000 shares of the firm's stock in a transaction dated Tuesday, May 19th. The stock was 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 of the company's stock, valued at $3,692,168.32. This trade represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
FormFactor Price Performance
Shares of FORM opened at $128.00 on Friday. FormFactor, Inc. has a 1 year low of $26.08 and a 1 year high of $159.09. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.55 and a quick ratio of 3.69. The company has a market capitalization of $9.98 billion, a price-to-earnings ratio of 147.13 and a beta of 1.32. The business has a 50-day moving average of $119.87 and a 200-day moving average of $87.26.
FormFactor (NASDAQ:FORM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.11. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The company had revenue of $226.14 million during the quarter, compared to the consensus estimate of $225.54 million. During the same period last year, the company earned $0.23 earnings per share. The firm's 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. As a group, equities research analysts anticipate that FormFactor, Inc. will post 2.03 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of research firms have issued reports on FORM. Weiss Ratings upgraded FormFactor from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, May 6th. Zacks Research downgraded shares of FormFactor from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 27th. Itau BBA Securities raised shares of FormFactor to an "outperform" rating in a research report on Tuesday, January 27th. Loop Capital set a $64.00 price objective on shares of FormFactor in a research report on Tuesday, January 27th. Finally, Craig Hallum raised shares of FormFactor from a "hold" rating to a "buy" rating and set a $175.00 price objective for the company in a research report on Tuesday, May 12th. Four analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $132.45.
View Our Latest Research Report on FORM
Institutional Investors Weigh In On FormFactor
Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE increased its holdings in shares of FormFactor by 4.0% during the second quarter. Bank of America Corp DE now owns 2,806,905 shares of the semiconductor company's stock valued at $96,586,000 after acquiring an additional 108,487 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of FormFactor by 3.2% during the third quarter. Alliancebernstein L.P. now owns 2,397,161 shares of the semiconductor company's stock valued at $87,305,000 after acquiring an additional 73,644 shares in the last quarter. Morgan Stanley increased its holdings in shares of FormFactor by 98.5% during the fourth quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company's stock valued at $126,708,000 after acquiring an additional 1,127,146 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of FormFactor by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 1,885,847 shares of the semiconductor company's stock valued at $105,208,000 after acquiring an additional 7,150 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in shares of FormFactor by 3.5% during the third quarter. Sei Investments Co. now owns 1,640,144 shares of the semiconductor company's stock valued at $59,734,000 after acquiring an additional 55,101 shares in the last quarter. Institutional investors 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
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