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

FormFactor, Inc. (NASDAQ:FORM) Director Dennis Thomas St sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $115.84, for a total transaction of $115,840.00. Following the completion of the sale, the director directly owned 31,873 shares of the company’s stock, valued at $3,692,168.32. The trade was a 3.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

FormFactor Trading Up 2.1%

Shares of FORM traded up $2.69 during trading hours on Thursday, reaching $128.00. The stock had a trading volume of 1,466,842 shares, compared to its average volume of 1,704,035. The company has a market cap of $9.98 billion, a P/E ratio of 147.13 and a beta of 1.32. FormFactor, Inc. has a 52 week low of $26.08 and a 52 week high of $159.09. The company has a quick ratio of 3.69, a current ratio of 4.55 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average of $119.13 and a 200 day moving average of $86.74.

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

Analyst Ratings Changes

A number of research firms have issued reports on FORM. Wall Street Zen upgraded FormFactor from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Freedom Capital upgraded FormFactor to a “hold” rating in a report on Tuesday, January 27th. Cantor Fitzgerald reiterated an “overweight” rating and set a $175.00 target price on shares of FormFactor in a report on Monday, April 27th. TD Cowen increased their target price on FormFactor from $80.00 to $150.00 and gave the stock a “hold” rating in a report on Thursday, April 30th. Finally, Weiss Ratings upgraded FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $132.45.

Hedge Funds Weigh In On FormFactor

Hedge funds have recently modified their holdings of the stock. State of New Jersey Common Pension Fund D grew its holdings in shares of FormFactor by 24.8% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 76,376 shares of the semiconductor company’s stock valued at $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 3rd quarter valued at about $508,000. Shannon River Fund Management LLC bought a new position in shares of FormFactor in the 3rd quarter valued at about $35,260,000. ProShare Advisors LLC grew its holdings in shares of FormFactor by 68.8% in the 3rd quarter. ProShare Advisors LLC now owns 29,336 shares of the semiconductor company’s stock valued at $1,068,000 after acquiring an additional 11,956 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its holdings in shares of FormFactor by 20.5% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 71,583 shares of the semiconductor company’s stock valued at $2,607,000 after acquiring an additional 12,161 shares in the last quarter. 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.