FormFactor, Inc. (NASDAQ:FORM - Get Free Report) CEO Mike Slessor sold 11,890 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $121.35, for a total value of $1,442,851.50. Following the completion of the transaction, the chief executive officer owned 435,147 shares in the company, valued at approximately $52,805,088.45. The trade was a 2.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mike Slessor also recently made the following trade(s):
- On Wednesday, May 13th, Mike Slessor sold 9,438 shares of FormFactor stock. The shares were sold at an average price of $126.52, for a total value of $1,194,095.76.
- On Wednesday, April 15th, Mike Slessor sold 11,294 shares of FormFactor stock. The shares were sold at an average price of $127.72, for a total value of $1,442,469.68.
- On Wednesday, March 18th, Mike Slessor sold 10,227 shares of FormFactor stock. The shares were sold at an average price of $95.15, for a total value of $973,099.05.
FormFactor Trading Up 12.5%
FORM opened at $130.24 on Friday. FormFactor, Inc. has a one year low of $26.08 and a one year high of $159.09. The company has a market cap of $10.15 billion, a P/E ratio of 149.70 and a beta of 1.26. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.69 and a current ratio of 4.55. The business's 50-day simple moving average is $128.80 and its 200-day simple moving average is $95.06.
FormFactor (NASDAQ:FORM - Get Free Report) last released 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 return on equity of 9.31% and a net margin of 8.14%.The business had revenue of $226.14 million for the quarter, compared to the consensus estimate of $225.54 million. During the same quarter in the prior year, the business posted $0.23 EPS. The business's revenue for the quarter was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, equities research analysts expect that FormFactor, Inc. will post 2.03 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the company. Northland Securities set a $118.00 price objective on FormFactor in a report on Thursday, April 30th. B. Riley Financial upgraded FormFactor from a "neutral" rating to a "buy" rating in a research note on Thursday. Evercore upgraded FormFactor from an "in-line" rating to an "outperform" rating and set a $155.00 price target on the stock in a research note on Friday, June 5th. Zacks Research upgraded FormFactor from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 26th. Finally, Cantor Fitzgerald restated an "overweight" rating and set a $175.00 price target on shares of FormFactor in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $132.45.
Read Our Latest Stock Analysis on FormFactor
Institutional Trading of FormFactor
A number of hedge funds have recently added to or reduced their stakes in FORM. Victory Capital Management Inc. lifted its position in FormFactor by 5,596.8% during the 4th quarter. Victory Capital Management Inc. now owns 1,256,545 shares of the semiconductor company's stock worth $70,090,000 after acquiring an additional 1,234,488 shares during the period. Morgan Stanley lifted its holdings in shares of 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 buying an additional 1,127,146 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of FormFactor in the 4th quarter valued at approximately $60,495,000. Westfield Capital Management Co. LP acquired a new stake in shares of FormFactor in the 3rd quarter valued at approximately $37,391,000. Finally, Shannon River Fund Management LLC acquired a new stake in shares of FormFactor in the 3rd quarter valued at approximately $35,260,000. 98.76% of the stock is owned by institutional investors and hedge funds.
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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