Insider Selling: FormFactor (NASDAQ:FORM) CFO Sells 3,462 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) CFO Aric Brendan Mckinnis sold 3,462 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $90.42, for a total value of $313,034.04. Following the transaction, the chief financial officer owned 11,140 shares of the company’s stock, valued at approximately $1,007,278.80. This represents a 23.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

FormFactor Trading Down 1.9%

NASDAQ FORM traded down $1.66 during trading on Friday, hitting $85.01. The company had a trading volume of 1,475,102 shares, compared to its average volume of 1,550,689. The company’s fifty day moving average is $80.15 and its 200-day moving average is $56.38. FormFactor, Inc. has a one year low of $22.58 and a one year high of $107.04. The company has a current ratio of 4.50, a quick ratio of 3.60 and a debt-to-equity ratio of 0.01. The company has a market cap of $6.62 billion, a price-to-earnings ratio of 123.20 and a beta of 1.03.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The business had revenue of $215.16 million during the quarter, compared to analyst estimates of $210.29 million. During the same period last year, the business posted $0.27 earnings per share. FormFactor’s quarterly revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, sell-side analysts predict that FormFactor, Inc. will post 0.9 earnings per share for the current year.

Institutional Investors Weigh In On FormFactor

Several large investors have recently bought and sold shares of FORM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of FormFactor by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company’s stock valued at $1,303,000 after acquiring an additional 2,001 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in FormFactor by 870.3% in the first quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company’s stock valued at $150,000 after acquiring an additional 4,743 shares during the period. Goldman Sachs Group Inc. increased its position in shares of FormFactor by 12.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company’s stock valued at $13,873,000 after purchasing an additional 53,310 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in FormFactor by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company’s stock valued at $4,922,000 after buying an additional 9,394 shares during the period. Finally, Intech Investment Management LLC raised its position in FormFactor by 18.1% in the first quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company’s stock worth $1,514,000 after acquiring an additional 8,194 shares during the period. 98.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on FORM shares. Stifel Nicolaus raised their target price on shares of FormFactor from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, February 5th. Citigroup raised their price objective on FormFactor from $96.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Wall Street Zen upgraded FormFactor from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Loop Capital set a $64.00 target price on FormFactor in a research note on Tuesday, January 27th. Finally, Itau BBA Securities raised shares of FormFactor to an “outperform” rating in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $80.91.

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.