Rebeca Obregon-Jimenez Sells 3,828 Shares of FormFactor (NASDAQ:FORM) Stock

FormFactor, Inc. (NASDAQ:FORM) Director Rebeca Obregon-Jimenez sold 3,828 shares of FormFactor stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $126.47, for a total transaction of $484,127.16. Following the transaction, the director owned 7,875 shares in the company, valued at approximately $995,951.25. This trade represents a 32.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

FormFactor Price Performance

Shares of FORM traded up $0.99 during trading hours on Friday, reaching $128.99. 1,438,478 shares of the stock traded hands, compared to its average volume of 1,701,362. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. FormFactor, Inc. has a 52-week low of $26.08 and a 52-week high of $159.09. The company’s 50-day moving average price is $119.87 and its two-hundred day moving average price is $87.26. The company has a market cap of $10.06 billion, a P/E ratio of 148.27 and a beta of 1.32.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The company had revenue of $226.14 million for the quarter, compared to analysts’ expectations of $225.54 million. During the same quarter in the previous year, the company earned $0.23 EPS. FormFactor’s revenue for the quarter was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. On average, analysts anticipate that FormFactor, Inc. will post 2.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

FORM has been the topic of a number of analyst reports. Zacks Research cut shares of FormFactor from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Citigroup boosted their price target on shares of FormFactor to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Wall Street Zen upgraded shares of FormFactor from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Finally, Itau BBA Securities upgraded shares of FormFactor to an “outperform” rating in a research note on Tuesday, January 27th. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, FormFactor has a consensus rating of “Hold” and an average price target of $132.45.

Institutional Trading of FormFactor

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

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.