Key Points
- FormFactor director Dennis Thomas St sold 2,800 shares on June 15 at an average price of $151.49, totaling about $424,172. After the sale, he still owned 29,073 shares, and the trade reduced his stake by 8.78%.
- The director also sold 1,000 shares on May 19 at an average price of $115.84, suggesting a pattern of recent insider selling in the stock.
- FormFactor recently reported better-than-expected quarterly results, with EPS of $0.56 versus the $0.45 estimate and revenue up 31.9% year over year. Analyst sentiment remains positive overall, with a Moderate Buy consensus and a $132.45 average price target.
FormFactor, Inc. (NASDAQ:FORM - Get Free Report) Director Dennis Thomas St sold 2,800 shares of the firm's stock in a transaction on Monday, June 15th. The stock was sold at an average price of $151.49, for a total value of $424,172.00. Following the completion of the transaction, the director owned 29,073 shares in the company, valued at approximately $4,404,268.77. This trade represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Dennis Thomas St also recently made the following trade(s):
- On Tuesday, May 19th, Dennis Thomas St sold 1,000 shares of FormFactor stock. The stock was sold at an average price of $115.84, for a total value of $115,840.00.
FormFactor Stock Performance
FORM stock opened at $140.24 on Wednesday. The company has a market cap of $10.93 billion, a P/E ratio of 161.20 and a beta of 1.26. 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 stock's fifty day moving average price is $131.30 and its 200-day moving average price is $96.99.
FormFactor (NASDAQ:FORM - Get Free Report) last released its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.11. The company had revenue of $226.14 million for the quarter, compared to the consensus estimate of $225.54 million. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.FormFactor's quarterly revenue was up 31.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.23 earnings per share. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. On average, equities analysts forecast that FormFactor, Inc. will post 2.03 earnings per share for the current year.
Hedge Funds Weigh In On FormFactor
Large investors have recently made changes to their positions in the business. Los Angeles Capital Management LLC purchased a new position in shares of FormFactor in the fourth quarter valued at about $25,000. UMB Bank n.a. lifted its position in shares of FormFactor by 128.9% in the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 281 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of FormFactor by 84.4% in the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company's stock valued at $35,000 after acquiring an additional 453 shares in the last quarter. Torren Management LLC bought a new stake in shares of FormFactor in the fourth quarter worth about $41,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of FormFactor in the fourth quarter worth about $53,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
FORM has been the topic of several analyst reports. B. Riley Financial upgraded FormFactor from a "neutral" rating to a "buy" rating and set a $165.00 target price on the stock in a research report on Thursday, June 11th. Evercore upgraded FormFactor from an "in-line" rating to an "outperform" rating and set a $155.00 target price on the stock in a research report on Friday, June 5th. Northland Securities set a $118.00 target price on FormFactor in a research report on Thursday, April 30th. Citigroup lifted their target price on FormFactor to $165.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $175.00 price objective on shares of FormFactor in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, FormFactor currently has an average rating of "Moderate Buy" and a consensus price target of $132.45.
Check Out Our Latest 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.
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