Mike Slessor Sells 17,510 Shares of FormFactor (NASDAQ:FORM) Stock

Key Points

  • FormFactor CEO Mike Slessor sold 17,510 shares at an average price of $104.73, generating approximately $1.83 million. The transaction was made under a pre-arranged Rule 10b5-1 trading plan, leaving him with 466,694 shares.
  • FormFactor reported stronger-than-expected quarterly results, with EPS of $0.82 versus the $0.61 consensus estimate and revenue of $258.24 million. Revenue increased 31.9% year over year, and the company issued third-quarter 2026 EPS guidance of $0.77 to $0.95.
  • Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $127.45, while institutional investors own 98.76% of the company’s shares.

FormFactor, Inc. (NASDAQ:FORM - Get Free Report) CEO Mike Slessor sold 17,510 shares of the business's stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $104.73, for a total transaction of $1,833,822.30. Following the completion of the sale, the chief executive officer directly owned 466,694 shares in the company, valued at $48,876,862.62. This represents a 3.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mike Slessor also recently made the following trade(s):

  • On Friday, August 14th, Mike Slessor sold 16,002 shares of FormFactor stock. The stock was sold at an average price of $130.95, for a total value of $2,095,461.90.

FormFactor Price Performance

FORM stock opened at $111.53 on Friday. The stock has a 50-day moving average price of $110.36 and a two-hundred day moving average price of $118.15. FormFactor, Inc. has a 1 year low of $33.77 and a 1 year high of $160.27. The stock has a market cap of $8.69 billion, a PE ratio of 76.39 and a beta of 1.24. The company has a current ratio of 4.08, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01.




FormFactor (NASDAQ:FORM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.21. The company had revenue of $258.24 million for the quarter, compared to analyst estimates of $240.00 million. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.The company's quarterly revenue was up 31.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.27 earnings per share. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. Equities analysts forecast that FormFactor, Inc. will post 2.7 EPS for the current fiscal year.

Institutional Trading of FormFactor

Institutional investors and hedge funds have recently bought and sold shares of the business. Keating Financial Advisory Services Inc. bought a new position in shares of FormFactor during the 2nd quarter worth approximately $25,000. Persistent Asset Partners Ltd bought a new stake in FormFactor in the 2nd quarter valued at $43,000. Allworth Financial LP acquired a new stake in FormFactor during the 2nd quarter valued at $72,000. USA Financial Formulas acquired a new stake in FormFactor during the 1st quarter valued at $46,000. Finally, Clearstead Advisors LLC lifted its holdings in FormFactor by 58.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company's stock valued at $59,000 after purchasing an additional 389 shares during the last quarter. Institutional investors own 98.76% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. TD Cowen decreased their target price on shares of FormFactor from $150.00 to $100.00 and set a "hold" rating for the company in a research report on Thursday, July 30th. B. Riley Financial raised shares of FormFactor from a "neutral" rating to a "buy" rating and set a $165.00 price target on the stock in a research report on Thursday, June 11th. Wall Street Zen downgraded shares of FormFactor from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 9th. Zacks Research upgraded FormFactor from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 18th. Finally, Evercore set a $150.00 price objective on FormFactor in a report on Thursday, July 30th. One research 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 company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $127.45.

Read Our Latest Report on FormFactor

FormFactor Company Profile

(Get Free Report)

FormFactor, Inc is a semiconductor test and measurement company that develops and manufactures equipment and components used to evaluate integrated circuits during wafer fabrication and final testing. Its products help semiconductor manufacturers and research organizations measure electrical performance, identify defects and improve yields before chips are packaged and shipped.

The company's product portfolio includes advanced wafer probe cards, which establish electrical connections with semiconductor wafers during automated testing, as well as engineering probe systems, probe stations and related measurement technologies.

See Also

Insider Buying and Selling by Quarter for FormFactor (NASDAQ:FORM)

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