FormFactor (NASDAQ:FORM) Shares Gap Down – Time to Sell?

FormFactor, Inc. (NASDAQ:FORM) gapped down prior to trading on Tuesday . The stock had previously closed at $143.93, but opened at $134.10. FormFactor shares last traded at $131.33, with a volume of 746,357 shares.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Stifel Nicolaus increased their target price on FormFactor from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Piper Sandler set a $100.00 target price on FormFactor in a research note on Monday, February 2nd. Northland Securities set a $70.00 target price on FormFactor in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a report on Tuesday, April 21st. Finally, Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $92.45.

FormFactor Stock Performance

The business has a fifty day simple moving average of $107.18 and a two-hundred day simple moving average of $77.12. The company has a quick ratio of 3.60, a current ratio of 4.50 and a debt-to-equity ratio of 0.01. The company has a market cap of $10.39 billion, a P/E ratio of 193.48 and a beta of 1.04.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.11. The business had revenue of $215.16 million during the quarter, compared to analysts’ expectations of $210.29 million. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The business’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.27 earnings per share. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, sell-side analysts anticipate that FormFactor, Inc. will post 1.41 EPS for the current year.

Insiders Place Their Bets

In other FormFactor news, Director Brian C. White sold 2,300 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $100.01, for a total value of $230,023.00. Following the completion of the sale, the director owned 10,556 shares in the company, valued at $1,055,705.56. This represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Aric Brendan Mckinnis sold 3,462 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $90.42, for a total value of $313,034.04. Following the completion of the sale, the chief financial officer owned 11,140 shares of the company’s stock, valued at approximately $1,007,278.80. The trade was a 23.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 64,482 shares of company stock valued at $6,438,951. 0.79% of the stock is currently owned by corporate insiders.

Institutional Trading of FormFactor

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Salomon & Ludwin LLC purchased a new stake in FormFactor in the third quarter worth about $25,000. Los Angeles Capital Management LLC purchased a new stake in shares of FormFactor during the fourth quarter worth about $25,000. UMB Bank n.a. grew its position in shares of FormFactor by 128.9% during the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of FormFactor by 84.4% during the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 453 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its position in shares of FormFactor by 547.8% during the third quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 882 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

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.