FormFactor (NASDAQ:FORM) Director Sheri Rhodes Sells 6,328 Shares

FormFactor, Inc. (NASDAQ:FORM) Director Sheri Rhodes sold 6,328 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $125.40, for a total value of $793,531.20. Following the completion of the sale, the director owned 5,375 shares of the company’s stock, valued at approximately $674,025. This trade represents a 54.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

FormFactor Stock Up 0.5%

Shares of FORM stock traded up $0.59 during trading hours on Thursday, reaching $126.61. The company had a trading volume of 1,260,273 shares, compared to its average volume of 1,697,226. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.69 and a current ratio of 4.55. FormFactor, Inc. has a twelve month low of $26.08 and a twelve month high of $159.09. The company has a market capitalization of $9.87 billion, a P/E ratio of 145.53 and a beta of 1.26. The stock’s fifty day simple moving average is $126.12 and its 200 day simple moving average is $91.98.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The business had revenue of $226.14 million during the quarter, compared to analyst estimates of $225.54 million. During the same quarter last year, the firm 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, sell-side analysts expect that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FORM. Los Angeles Capital Management LLC purchased a new position in FormFactor in the fourth quarter valued at about $25,000. UMB Bank n.a. lifted its holdings in FormFactor by 128.9% during the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after buying an additional 281 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in FormFactor by 84.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after buying an additional 453 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in FormFactor by 547.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock worth $38,000 after buying an additional 882 shares during the last quarter. Finally, Torren Management LLC bought a new position in FormFactor during the 4th quarter worth approximately $41,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Zacks Research upgraded FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $175.00 target price on shares of FormFactor in a research note on Monday, April 27th. TD Cowen increased their price target on FormFactor from $80.00 to $150.00 and gave the company a “hold” rating in a report on Thursday, April 30th. Citigroup increased their price target on FormFactor to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Craig Hallum raised FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target for the company in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.