FormFactor, Inc. (NASDAQ:FORM - Get Free Report) CEO Mike Slessor sold 16,002 shares of FormFactor stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $130.95, for a total transaction of $2,095,461.90. Following the completion of the transaction, the chief executive officer owned 484,204 shares of the company's stock, valued at $63,406,513.80. This trade represents a 3.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mike Slessor also recently made the following trade(s):
- On Wednesday, June 10th, Mike Slessor sold 11,890 shares of FormFactor stock. The stock was sold at an average price of $121.35, for a total transaction of $1,442,851.50.
FormFactor Price Performance
FormFactor stock opened at $138.16 on Tuesday. The company has a quick ratio of 3.34, a current ratio of 4.08 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 52-week low of $27.00 and a 52-week high of $160.27. The firm has a market cap of $10.77 billion, a PE ratio of 94.63 and a beta of 1.25. The company's 50 day moving average is $123.12 and its two-hundred day moving average is $115.20.
FormFactor (NASDAQ:FORM - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.61 by $0.21. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. The business had revenue of $258.24 million during the quarter, compared to the consensus estimate of $240.00 million. During the same quarter in the previous year, the firm posted $0.27 earnings per share. The company's quarterly revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, research analysts expect that FormFactor, Inc. will post 2.7 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms recently commented on FORM. Stifel Nicolaus set a $135.00 target price on FormFactor in a research note on Thursday, April 30th. TD Cowen reduced their price target on FormFactor from $150.00 to $100.00 and set a "hold" rating on the stock in a research report on Thursday, July 30th. Weiss Ratings upgraded FormFactor from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, August 6th. Wall Street Zen downgraded FormFactor from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 9th. Finally, Craig Hallum upgraded shares of FormFactor from a "hold" rating to a "buy" rating and set a $175.00 target price on the stock in a research note on Tuesday, May 12th. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $127.45.
View Our Latest Stock Report on FORM
Institutional Investors Weigh In On FormFactor
Institutional investors have recently modified their holdings of the company. Mercer Global Advisors Inc. ADV increased its holdings in FormFactor by 2.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company's stock valued at $419,000 after buying an additional 157 shares during the last quarter. Keating Financial Advisory Services Inc. acquired a new stake in FormFactor in the second quarter valued at $25,000. Blue Trust Inc. lifted its holdings in FormFactor by 1.9% during the 1st quarter. Blue Trust Inc. now owns 10,542 shares of the semiconductor company's stock worth $1,022,000 after buying an additional 196 shares during the last quarter. Persistent Asset Partners Ltd purchased a new stake in FormFactor during the 2nd quarter worth about $43,000. Finally, UMB Bank n.a. boosted its position in shares of FormFactor by 128.9% during the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 281 shares in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.
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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