Insider Selling: FormFactor (NASDAQ:FORM) Director Sells 2,300 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) Director Brian White sold 2,300 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $100.01, for a total transaction of $230,023.00. Following the transaction, the director directly 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 document filed with the SEC, which is accessible through the SEC website.

FormFactor Price Performance

Shares of NASDAQ:FORM traded up $5.25 during midday trading on Wednesday, hitting $105.83. The stock had a trading volume of 1,739,982 shares, compared to its average volume of 1,527,232. The company’s 50-day moving average price is $74.63 and its 200-day moving average price is $53.47. FormFactor, Inc. has a fifty-two week low of $22.58 and a fifty-two week high of $107.04. 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 capitalization of $8.25 billion, a P/E ratio of 153.38 and a beta of 1.11.

FormFactor (NASDAQ:FORM) last released its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.11. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The business had revenue of $215.16 million for the quarter, compared to analyst estimates of $210.29 million. During the same period last year, the firm posted $0.27 earnings per share. FormFactor’s revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. As a group, equities research analysts predict that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Hedge Funds Weigh In On FormFactor

A number of hedge funds and other institutional investors have recently modified their holdings of FORM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in FormFactor by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company’s stock worth $1,303,000 after buying an additional 2,001 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of FormFactor by 870.3% during the 1st quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company’s stock valued at $150,000 after acquiring an additional 4,743 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of FormFactor by 12.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company’s stock worth $13,873,000 after purchasing an additional 53,310 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of FormFactor by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company’s stock worth $4,922,000 after purchasing an additional 9,394 shares during the period. Finally, Intech Investment Management LLC lifted its stake in FormFactor by 18.1% in the first quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company’s stock valued at $1,514,000 after purchasing an additional 8,194 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

FORM has been the topic of a number of recent analyst reports. Stifel Nicolaus boosted their price objective on FormFactor from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, February 5th. B. Riley Financial reiterated a “buy” rating on shares of FormFactor in a report on Thursday, February 5th. Cantor Fitzgerald boosted their price target on FormFactor from $75.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. DA Davidson set a $55.00 price target on FormFactor in a report on Thursday, October 30th. Finally, Freedom Capital upgraded shares of FormFactor to a “hold” rating in a research note on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $80.91.

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.