Dennis Thomas St Sells 1,000 Shares of FormFactor (NASDAQ:FORM) Stock

FormFactor, Inc. (NASDAQ:FORM) Director Dennis Thomas St sold 1,000 shares of FormFactor stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $115.84, for a total value of $115,840.00. Following the completion of the transaction, the director owned 31,873 shares in the company, valued at approximately $3,692,168.32. This represents a 3.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

FormFactor Stock Up 0.8%

FORM stock opened at $128.99 on Friday. The firm has a 50-day moving average price of $120.61 and a 200-day moving average price of $87.55. FormFactor, Inc. has a 12 month low of $26.08 and a 12 month high of $159.09. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. 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:FORM) last released its quarterly earnings data 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. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The business had revenue of $226.14 million during the quarter, compared to analysts’ expectations of $225.54 million. During the same period in the prior year, the company earned $0.23 EPS. The firm’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. As a group, equities research analysts anticipate that FormFactor, Inc. will post 2.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Itau BBA Securities raised FormFactor to an “outperform” rating in a research note on Tuesday, January 27th. Freedom Capital upgraded shares of FormFactor to a “hold” rating in a research report on Tuesday, January 27th. Evercore set a $155.00 price target on shares of FormFactor in a report on Thursday, April 30th. Cantor Fitzgerald reissued an “overweight” rating and issued a $175.00 price objective on shares of FormFactor in a research note on Monday, April 27th. Finally, Loop Capital set a $64.00 target price on FormFactor in a research report on Tuesday, January 27th. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, FormFactor has an average rating of “Hold” and an average price target of $132.45.

Institutional Investors Weigh In On FormFactor

Institutional investors and hedge funds have recently made changes to their positions in the business. Victory Capital Management Inc. increased its holdings in FormFactor by 5,596.8% in the fourth quarter. Victory Capital Management Inc. now owns 1,256,545 shares of the semiconductor company’s stock worth $70,090,000 after purchasing an additional 1,234,488 shares in the last quarter. Morgan Stanley grew its position in shares of FormFactor by 98.5% during the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock worth $126,708,000 after buying an additional 1,127,146 shares during the period. Fuller & Thaler Asset Management Inc. bought a new stake in shares of FormFactor in the 4th quarter valued at $60,495,000. Westfield Capital Management Co. LP bought a new position in shares of FormFactor in the 3rd quarter worth $37,391,000. Finally, Shannon River Fund Management LLC acquired a new stake in FormFactor in the 3rd quarter valued at $35,260,000. Institutional investors own 98.76% of the company’s stock.

About FormFactor

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.