Kelley Steven-Waiss Sells 2,100 Shares of FormFactor (NASDAQ:FORM) Stock

FormFactor, Inc. (NASDAQ:FORMGet Free Report) Director Kelley Steven-Waiss sold 2,100 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $96.10, for a total transaction of $201,810.00. Following the transaction, the director directly owned 24,426 shares in the company, valued at $2,347,338.60. This represents a 7.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

FormFactor Price Performance

Shares of FORM stock traded up $7.14 during trading on Friday, hitting $103.90. The company had a trading volume of 1,099,346 shares, compared to its average volume of 1,635,495. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The firm has a market capitalization of $8.10 billion, a P/E ratio of 71.16 and a beta of 1.24. The stock’s 50-day moving average price is $114.46 and its 200 day moving average price is $117.39. FormFactor, Inc. has a one year low of $29.01 and a one year high of $160.27.

FormFactor (NASDAQ:FORMGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.21. The firm 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 revenue was up 31.9% on a year-over-year basis. During the same quarter last year, the company earned $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. Equities analysts expect that FormFactor, Inc. will post 2.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on FORM. TD Cowen decreased 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. Cantor Fitzgerald reiterated an “overweight” rating on shares of FormFactor in a research note on Monday, July 27th. B. Riley Financial raised shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 target price on the stock in a report on Thursday, June 11th. Wall Street Zen cut shares of FormFactor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 9th. Finally, Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target for the company in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, FormFactor has a consensus rating of “Moderate Buy” and an average price target of $127.45.

Check Out Our Latest Stock Report on FORM

Institutional Trading of FormFactor

Institutional investors and hedge funds have recently modified their holdings of the business. Keating Financial Advisory Services Inc. acquired a new stake in FormFactor in the second quarter valued at about $25,000. Persistent Asset Partners Ltd acquired a new position in FormFactor during the second quarter worth about $43,000. Los Angeles Capital Management LLC bought a new position in shares of FormFactor in the fourth quarter worth about $25,000. Allworth Financial LP acquired a new stake in shares of FormFactor in the 2nd quarter valued at approximately $72,000. Finally, USA Financial Formulas acquired a new stake in shares of FormFactor in the 1st quarter valued at approximately $46,000. 98.76% of the stock is currently owned by 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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Insider Buying and Selling by Quarter for FormFactor (NASDAQ:FORM)

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