Insider Selling: FormFactor (NASDAQ:FORM) Director Sells $484,127.16 in Stock

FormFactor, Inc. (NASDAQ:FORMGet Free Report) Director Rebeca Obregon-Jimenez sold 3,828 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $126.47, for a total value of $484,127.16. Following the completion of the transaction, the director directly owned 7,875 shares in the company, valued at $995,951.25. The trade was a 32.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

FormFactor Price Performance

Shares of FormFactor stock opened at $128.99 on Monday. FormFactor, Inc. has a 12-month low of $26.08 and a 12-month high of $159.09. The company has a quick ratio of 3.69, a current ratio of 4.55 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average price of $120.61 and a two-hundred day moving average price of $87.77. The stock has a market capitalization of $10.06 billion, a P/E ratio of 148.27 and a beta of 1.32.

FormFactor (NASDAQ:FORMGet Free Report) last released its quarterly earnings results 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 net margin of 8.14% and a return on equity of 9.31%. The company had revenue of $226.14 million for the quarter, compared to analyst estimates of $225.54 million. During the same quarter last year, the firm posted $0.23 earnings per share. The company’s quarterly revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Equities analysts expect that FormFactor, Inc. will post 2.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on FORM shares. Stifel Nicolaus set a $135.00 target price on shares of FormFactor in a research report on Thursday, April 30th. Wall Street Zen raised FormFactor from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Piper Sandler set a $100.00 target price on FormFactor in a report on Monday, February 2nd. Evercore set a $155.00 price target on FormFactor in a research report on Thursday, April 30th. Finally, Citigroup increased their price objective on FormFactor to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $132.45.

View Our Latest Stock Analysis on FORM

Institutional Investors Weigh In On FormFactor

A number of institutional investors have recently added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D lifted its position in shares of FormFactor by 24.8% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 76,376 shares of the semiconductor company’s stock worth $2,782,000 after acquiring an additional 15,186 shares during the period. SG Americas Securities LLC bought a new stake in shares of FormFactor during the third quarter valued at approximately $508,000. Shannon River Fund Management LLC bought a new stake in shares of FormFactor during the third quarter valued at approximately $35,260,000. ProShare Advisors LLC raised its stake in shares of FormFactor by 68.8% in the third quarter. ProShare Advisors LLC now owns 29,336 shares of the semiconductor company’s stock valued at $1,068,000 after purchasing an additional 11,956 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its stake in shares of FormFactor by 20.5% in the third quarter. Oppenheimer Asset Management Inc. now owns 71,583 shares of the semiconductor company’s stock valued at $2,607,000 after purchasing an additional 12,161 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

FormFactor Company Profile

(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.

Further Reading

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

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