Key Points
- Director Sheri Rhodes sold 6,328 shares of FormFactor stock on June 2 at an average price of $125.40, totaling about $793,531. After the sale, she still held 5,375 shares.
- FormFactor reported strong quarterly results, with EPS of $0.56 beating estimates of $0.45 and revenue of $226.14 million slightly topping expectations. Revenue rose 31.9% year over year, and the company gave Q2 2026 guidance of $0.57 to $0.65 EPS.
- Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $132.45. Recent firms including Cantor Fitzgerald, Citigroup, and Zacks Research either reiterated bullish views or raised ratings/targets.
FormFactor, Inc. (NASDAQ:FORM - Get Free Report) Director Sheri Rhodes sold 6,328 shares of the firm's stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $125.40, for a total transaction of $793,531.20. Following the sale, the director directly owned 5,375 shares in the company, valued at $674,025. The trade was a 54.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
FormFactor Price Performance
Shares of NASDAQ FORM opened at $126.61 on Friday. The stock has a market capitalization of $9.87 billion, a price-to-earnings ratio of 145.53 and a beta of 1.26. FormFactor, Inc. has a 12 month low of $26.08 and a 12 month high of $159.09. The firm's 50 day simple moving average is $126.54 and its 200-day simple moving average is $92.52. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.55 and a quick ratio of 3.69.
FormFactor (NASDAQ:FORM - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (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 firm had revenue of $226.14 million for the quarter, compared to analysts' expectations of $225.54 million. During the same quarter last year, the company earned $0.23 EPS. The firm's revenue for the quarter was up 31.9% compared to the same quarter last year. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Analysts expect that FormFactor, Inc. will post 2.03 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the stock. Cantor Fitzgerald reissued an "overweight" rating and issued a $175.00 price target on shares of FormFactor in a research note on Monday, April 27th. Zacks Research raised shares of FormFactor from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 26th. Citigroup lifted their price target on shares of FormFactor to $165.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Stifel Nicolaus set a $135.00 price target on shares of FormFactor in a research note on Thursday, April 30th. Finally, Weiss Ratings raised shares of FormFactor from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, FormFactor presently has a consensus rating of "Moderate Buy" and a consensus price target of $132.45.
Get Our Latest Research Report on FormFactor
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in FormFactor by 4.0% in the 2nd quarter. Bank of America Corp DE now owns 2,806,905 shares of the semiconductor company's stock valued at $96,586,000 after purchasing an additional 108,487 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in FormFactor by 3.2% in the 3rd quarter. Alliancebernstein L.P. now owns 2,397,161 shares of the semiconductor company's stock valued at $87,305,000 after purchasing an additional 73,644 shares in the last quarter. Morgan Stanley lifted its holdings in FormFactor by 98.5% in the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company's stock valued at $126,708,000 after purchasing an additional 1,127,146 shares in the last quarter. Geode Capital Management LLC lifted its holdings in FormFactor by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,885,847 shares of the semiconductor company's stock valued at $105,208,000 after purchasing an additional 7,150 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in FormFactor by 3.5% in the 3rd quarter. Sei Investments Co. now owns 1,640,144 shares of the semiconductor company's stock valued at $59,734,000 after purchasing an additional 55,101 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 (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.
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