Insider Selling: FormFactor (NASDAQ:FORM) CFO Sells $313,034.04 in Stock

FormFactor, Inc. (NASDAQ:FORM) CFO Aric Brendan Mckinnis sold 3,462 shares of FormFactor stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $90.42, for a total value of $313,034.04. Following the completion of the sale, the chief financial officer directly owned 11,140 shares in the company, valued at $1,007,278.80. This represents a 23.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

FormFactor Stock Down 1.9%

NASDAQ FORM opened at $85.01 on Monday. The business has a fifty day moving average price of $80.69 and a 200 day moving average price of $57.17. 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 company has a market cap of $6.62 billion, a P/E ratio of 123.20 and a beta of 1.03. FormFactor, Inc. has a one year low of $22.58 and a one year high of $107.04.

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

Institutional Trading of FormFactor

Several institutional investors have recently added to or reduced their stakes in FORM. SG Americas Securities LLC purchased a new position in shares of FormFactor during the third quarter worth $508,000. Reinhart Partners LLC. raised its holdings in shares of FormFactor by 26.3% in the 3rd quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock valued at $87,585,000 after buying an additional 500,156 shares during the period. Edgestream Partners L.P. purchased a new stake in shares of FormFactor in the 2nd quarter valued at $4,715,000. ProShare Advisors LLC lifted its stake in FormFactor by 68.8% during the 3rd quarter. ProShare Advisors LLC now owns 29,336 shares of the semiconductor company’s stock worth $1,068,000 after acquiring an additional 11,956 shares in the last quarter. Finally, Atria Investments Inc acquired a new position in FormFactor during the 2nd quarter worth about $218,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on FORM shares. Northland Securities set a $70.00 price objective on shares of FormFactor in a research note on Thursday, February 5th. Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. Weiss Ratings restated a “hold (c)” rating on shares of FormFactor in a report on Thursday, January 22nd. Freedom Capital upgraded FormFactor to a “hold” rating in a research report on Tuesday, January 27th. Finally, Citigroup increased their price target on FormFactor from $96.00 to $98.00 and gave the company a “buy” rating in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price 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.