FormFactor (NASDAQ:FORM) CEO Sells $815,628.96 in Stock

FormFactor, Inc. (NASDAQ:FORM) CEO Mike Slessor sold 8,664 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $94.14, for a total transaction of $815,628.96. Following the completion of the sale, the chief executive officer owned 471,086 shares in the company, valued at approximately $44,348,036.04. This trade represents a 1.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, January 15th, Mike Slessor sold 13,088 shares of FormFactor stock. The stock was sold at an average price of $76.81, for a total value of $1,005,289.28.
• On Tuesday, January 6th, Mike Slessor sold 39,606 shares of FormFactor stock. The shares were sold at an average price of $65.00, for a total value of $2,574,390.00.
• On Wednesday, December 17th, Mike Slessor sold 7,669 shares of FormFactor stock. The shares were sold at an average price of $56.36, for a total value of $432,224.84.

FormFactor Price Performance

Shares of FormFactor stock opened at $94.56 on Friday. The stock has a market cap of $7.33 billion, a price-to-earnings ratio of 137.05 and a beta of 1.11. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.60 and a current ratio of 4.50. The stock has a 50 day moving average price of $72.94 and a 200-day moving average price of $52.14. FormFactor, Inc. has a one year low of $22.58 and a one year high of $100.01.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.11. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The company had revenue of $215.16 million during the quarter, compared to the consensus estimate of $210.29 million. During the same period last year, the company earned $0.27 earnings per share. FormFactor’s revenue was up 13.6% on a year-over-year basis. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Equities analysts expect that FormFactor, Inc. will post 0.9 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. B. Riley Financial reaffirmed a “buy” rating on shares of FormFactor in a research note on Thursday, February 5th. TD Cowen boosted their price objective on FormFactor from $50.00 to $80.00 and gave the company a “hold” rating in a report on Thursday, February 5th. Craig Hallum reiterated a “buy” rating and issued a $90.00 target price on shares of FormFactor in a research note on Thursday, February 5th. Piper Sandler set a $100.00 target price on FormFactor in a research report on Monday, February 2nd. Finally, DA Davidson set a $55.00 price target on shares of FormFactor in a report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, FormFactor presently has an average rating of “Moderate Buy” and a consensus target price of $80.91.

Hedge Funds Weigh In On FormFactor

Several institutional investors have recently bought and sold shares of FORM. Los Angeles Capital Management LLC purchased a new stake in FormFactor during the fourth quarter worth $25,000. UMB Bank n.a. raised its position in shares of FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 281 shares in the last quarter. Salomon & Ludwin LLC purchased a new stake in shares of FormFactor during the 3rd quarter worth $25,000. Torren Management LLC bought a new stake in FormFactor during the fourth quarter valued at about $41,000. Finally, Kestra Advisory Services LLC purchased a new position in FormFactor in the fourth quarter valued at about $53,000. 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.