Shares of FormFactor, Inc. (NASDAQ:FORM – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $156.66, but opened at $138.50. FormFactor shares last traded at $142.0450, with a volume of 252,861 shares trading hands.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on FORM shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $175.00 target price on shares of FormFactor in a report on Monday, April 27th. Evercore upgraded FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price target on the stock in a report on Friday, June 5th. Northland Securities set a $118.00 price target on FormFactor in a research report on Thursday, April 30th. Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective for the company in a research note on Tuesday, May 12th. Finally, B. Riley Financial upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price objective on the stock in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $132.45.
View Our Latest Research Report on FORM
FormFactor Stock Performance
FormFactor (NASDAQ:FORM – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.11. The firm had revenue of $226.14 million during the quarter, compared to analyst estimates 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 last year, the company earned $0.23 EPS. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Research analysts expect that FormFactor, Inc. will post 2.03 EPS for the current year.
Insider Buying and Selling at FormFactor
In related news, Director Rebeca Obregon-Jimenez sold 3,828 shares of FormFactor stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $126.47, for a total transaction of $484,127.16. Following the completion of the sale, the director owned 7,875 shares in the company, valued at $995,951.25. This trade represents a 32.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Brian C. White sold 3,250 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $126.00, for a total transaction of $409,500.00. Following the completion of the sale, the director directly owned 8,653 shares of the company’s stock, valued at approximately $1,090,278. This trade represents a 27.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 49,828 shares of company stock valued at $6,306,587. 0.79% of the stock is owned by company insiders.
Hedge Funds Weigh In On FormFactor
Institutional investors have recently modified their holdings of the stock. Los Angeles Capital Management LLC purchased a new stake in shares of FormFactor in the fourth quarter valued at approximately $25,000. UMB Bank n.a. increased its holdings in 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 purchasing an additional 281 shares during the period. Torren Management LLC bought a new stake in FormFactor during the 4th quarter valued at $41,000. Kestra Advisory Services LLC bought a new stake in FormFactor during the 4th quarter valued at $53,000. Finally, Clearstead Advisors LLC lifted its holdings in shares of FormFactor by 58.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock worth $59,000 after buying an additional 389 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.
FormFactor Company Profile
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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