Key Points
- FormFactor director Rebeca Obregon-Jimenez sold 3,828 shares on May 21 at an average price of $126.47, generating about $484,127 in proceeds. After the sale, she still held 7,875 shares worth roughly $995,951.
- The company recently reported stronger-than-expected quarterly results, with EPS of $0.56 versus consensus of $0.45 and revenue of $226.14 million, up 31.9% year over year. FormFactor also guided Q2 2026 EPS to a range of $0.570-$0.650.
- Analyst sentiment is mixed, with four Buy ratings and seven Hold ratings, leading to an overall consensus of Hold. The average price target sits at $132.45, while recent targets have ranged as high as $175 from Craig Hallum.
FormFactor, Inc. (NASDAQ:FORM - Get Free Report) Director Rebeca Obregon-Jimenez sold 3,828 shares of the stock in a transaction that occurred on 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 sale, the director directly 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 sale was disclosed in a legal filing with the SEC, which is available at this link.
FormFactor Trading Up 0.8%
Shares of NASDAQ:FORM opened at $128.99 on Friday. FormFactor, Inc. has a 52 week low of $26.08 and a 52 week high of $159.09. The company's 50 day moving average is $120.61 and its two-hundred day moving average is $87.55. 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 company has a market cap of $10.06 billion, a PE ratio of 148.27 and a beta of 1.32.
FormFactor (NASDAQ:FORM - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.11. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The company had revenue of $226.14 million for the quarter, compared to the consensus estimate of $225.54 million. During the same period in the prior year, the firm posted $0.23 EPS. 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. Equities analysts predict that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of FORM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 purchasing an additional 2,001 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of FormFactor by 870.3% in the 1st quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company's stock worth $150,000 after acquiring an additional 4,743 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of FormFactor by 12.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company's stock worth $13,873,000 after acquiring an additional 53,310 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of FormFactor by 5.7% in the 1st 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 acquiring an additional 9,394 shares during the period. Finally, Intech Investment Management LLC lifted its stake in shares of FormFactor by 18.1% in the 1st quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company's stock worth $1,514,000 after acquiring an additional 8,194 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
FORM has been the topic of a number of recent analyst reports. Zacks Research downgraded shares of FormFactor from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 27th. Craig Hallum raised shares of FormFactor from a "hold" rating to a "buy" rating and set a $175.00 price objective on the stock in a research report on Tuesday, May 12th. Wall Street Zen raised shares of FormFactor from a "hold" rating to a "buy" rating in a research report on Saturday, February 28th. Northland Securities set a $118.00 price objective on shares of FormFactor in a research report on Thursday, April 30th. Finally, Weiss Ratings raised shares of FormFactor from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, May 6th. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $132.45.
Get Our Latest Stock Analysis on FORM
About FormFactor
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
