Rebeca Obregon-Jimenez Sells 3,828 Shares of FormFactor (NASDAQ:FORM) Stock

FormFactor, Inc. (NASDAQ:FORM) Director Rebeca Obregon-Jimenez sold 3,828 shares of the company’s 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 sale, the director owned 7,875 shares in the company, valued at $995,951.25. This represents a 32.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

FormFactor Price Performance

Shares of NASDAQ FORM traded up $0.99 during mid-day trading on Friday, hitting $128.99. 1,438,478 shares of the company’s stock traded hands, compared to its average volume of 1,701,362. The company’s 50-day moving average is $119.87 and its two-hundred day moving average is $87.26. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.55 and a quick ratio of 3.69. The company has a market capitalization of $10.06 billion, a P/E ratio of 148.27 and a beta of 1.32. FormFactor, Inc. has a 1 year low of $26.08 and a 1 year high of $159.09.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.11. The firm had revenue of $226.14 million for the quarter, compared to analysts’ expectations of $225.54 million. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The business’s revenue was up 31.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 EPS. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. On average, equities analysts anticipate that FormFactor, Inc. will post 2.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FORM has been the topic of several recent research reports. Wall Street Zen upgraded shares of FormFactor from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Cantor Fitzgerald reiterated an “overweight” rating and set a $175.00 price target on shares of FormFactor in a report on Monday, April 27th. TD Cowen upped their price target on shares of FormFactor from $80.00 to $150.00 and gave the company a “hold” rating in a report on Thursday, April 30th. Loop Capital set a $64.00 price target on shares of FormFactor in a report on Tuesday, January 27th. Finally, Zacks Research downgraded shares of FormFactor from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, FormFactor currently has an average rating of “Hold” and a consensus price target of $132.45.

Hedge Funds Weigh In On FormFactor

A number of institutional investors have recently modified their holdings of the stock. Cim Investment Management Inc. increased its position in shares of FormFactor by 10.8% during the first quarter. Cim Investment Management Inc. now owns 5,071 shares of the semiconductor company’s stock worth $492,000 after acquiring an additional 493 shares during the period. Edgestream Partners L.P. purchased a new position in shares of FormFactor during the first quarter worth approximately $4,450,000. Janus Henderson Group PLC increased its position in shares of FormFactor by 8.2% during the first quarter. Janus Henderson Group PLC now owns 35,569 shares of the semiconductor company’s stock worth $3,450,000 after acquiring an additional 2,700 shares during the period. Amundi increased its position in shares of FormFactor by 9.1% during the first quarter. Amundi now owns 8,126 shares of the semiconductor company’s stock worth $788,000 after acquiring an additional 679 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of FormFactor by 51.4% during the first quarter. EverSource Wealth Advisors LLC now owns 1,727 shares of the semiconductor company’s stock worth $168,000 after acquiring an additional 586 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

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.