FormFactor (NASDAQ:FORM) Director Sells $409,500.00 in Stock

FormFactor, Inc. (NASDAQ:FORM) Director Brian White sold 3,250 shares of FormFactor stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $126.00, for a total transaction of $409,500.00. Following the transaction, the director directly owned 8,653 shares in the company, valued at approximately $1,090,278. This represents a 27.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

FormFactor Trading Up 2.1%

Shares of NASDAQ FORM traded up $2.69 during midday trading on Thursday, reaching $128.00. 1,466,842 shares of the stock were exchanged, compared to its average volume of 1,704,035. The business has a 50-day simple moving average of $119.13 and a two-hundred day simple moving average of $86.74. The company has a market capitalization of $9.98 billion, a price-to-earnings ratio of 147.13 and a beta of 1.32. FormFactor, Inc. has a 12 month low of $26.08 and a 12 month high of $159.09. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.55 and a quick ratio of 3.69.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.11. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The company had revenue of $226.14 million during the quarter, compared to the consensus estimate of $225.54 million. During the same period in the prior year, the company earned $0.23 earnings per share. The company’s revenue for the quarter 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 expect that FormFactor, Inc. will post 2.03 EPS for the current year.

Institutional Investors Weigh In On FormFactor

Several institutional investors have recently bought and sold shares of the company. State of New Jersey Common Pension Fund D raised its holdings in FormFactor by 24.8% during the third quarter. State of New Jersey Common Pension Fund D now owns 76,376 shares of the semiconductor company’s stock worth $2,782,000 after acquiring an additional 15,186 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of FormFactor in the third quarter valued at $508,000. Shannon River Fund Management LLC bought a new position in shares of FormFactor in the third quarter valued at $35,260,000. ProShare Advisors LLC grew its stake in shares of FormFactor by 68.8% in the third quarter. ProShare Advisors LLC now owns 29,336 shares of the semiconductor company’s stock valued at $1,068,000 after buying an additional 11,956 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its stake in shares of FormFactor by 20.5% in the third quarter. Oppenheimer Asset Management Inc. now owns 71,583 shares of the semiconductor company’s stock valued at $2,607,000 after buying an additional 12,161 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

FORM has been the subject of several recent analyst reports. Loop Capital set a $64.00 price target on FormFactor in a report on Tuesday, January 27th. Itau BBA Securities raised shares of FormFactor to an “outperform” rating in a research note on Tuesday, January 27th. Zacks Research lowered shares of FormFactor from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. B. Riley Financial lifted their price target on shares of FormFactor from $145.00 to $165.00 and gave the company a “neutral” rating in a research note on Tuesday, May 12th. Finally, Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a research note on Tuesday, May 12th. Four analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $132.45.

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.