Insider Selling: FormFactor (NASDAQ:FORM) CEO Sells $1,833,822.30 in Stock

FormFactor, Inc. (NASDAQ:FORM) CEO Mike Slessor sold 17,510 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $104.73, for a total value of $1,833,822.30. Following the sale, the chief executive officer directly owned 466,694 shares of the company’s stock, valued at $48,876,862.62. The trade was a 3.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mike Slessor also recently made the following trade(s):

• On Friday, August 14th, Mike Slessor sold 16,002 shares of FormFactor stock. The shares were sold at an average price of $130.95, for a total transaction of $2,095,461.90.

FormFactor Stock Performance

Shares of FormFactor stock traded up $6.71 on Thursday, reaching $111.53. The stock had a trading volume of 1,348,210 shares, compared to its average volume of 993,689. The business’s 50-day moving average price is $110.36 and its two-hundred day moving average price is $118.15. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. FormFactor, Inc. has a fifty-two week low of $33.77 and a fifty-two week high of $160.27. The stock has a market cap of $8.69 billion, a P/E ratio of 76.39 and a beta of 1.24.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.21. The business had revenue of $258.24 million during the quarter, compared to the consensus estimate of $240.00 million. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. FormFactor’s quarterly revenue was up 31.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, sell-side analysts forecast that FormFactor, Inc. will post 2.7 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Keating Financial Advisory Services Inc. bought a new stake in shares of FormFactor in the second quarter valued at about $25,000. Persistent Asset Partners Ltd bought a new position in FormFactor during the second quarter valued at about $43,000. Allworth Financial LP bought a new position in FormFactor during the second quarter valued at about $72,000. USA Financial Formulas acquired a new position in FormFactor in the 1st quarter valued at approximately $46,000. Finally, Clearstead Advisors LLC raised its holdings in FormFactor by 58.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock valued at $59,000 after acquiring an additional 389 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

Analysts Set New Price Targets

FORM has been the topic of a number of recent analyst reports. TD Cowen dropped their price objective on FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a research note on Thursday, July 30th. Wall Street Zen downgraded FormFactor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 9th. B. Riley Financial raised FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 target price on the stock in a report on Thursday, June 11th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of FormFactor in a research report on Monday, July 27th. Finally, Evercore set a $150.00 price target on FormFactor in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $127.45.

About FormFactor

FormFactor, Inc is a semiconductor test and measurement company that develops and manufactures equipment and components used to evaluate integrated circuits during wafer fabrication and final testing. Its products help semiconductor manufacturers and research organizations measure electrical performance, identify defects and improve yields before chips are packaged and shipped.

The company’s product portfolio includes advanced wafer probe cards, which establish electrical connections with semiconductor wafers during automated testing, as well as engineering probe systems, probe stations and related measurement technologies.