FormFactor (NASDAQ:FORM) Director Kelley Steven-Waiss Sells 2,100 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) Director Kelley Steven-Waiss sold 2,100 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $96.10, for a total transaction of $201,810.00. Following the transaction, the director owned 24,426 shares in the company, valued at $2,347,338.60. The trade was a 7.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

FormFactor Stock Up 7.4%

Shares of NASDAQ FORM opened at $103.90 on Friday. The company has a quick ratio of 3.34, a current ratio of 4.08 and a debt-to-equity ratio of 0.01. The firm has a market cap of $8.10 billion, a PE ratio of 71.16 and a beta of 1.24. The company’s fifty day simple moving average is $113.92 and its 200 day simple moving average is $117.30. FormFactor, Inc. has a 12-month low of $29.01 and a 12-month high of $160.27.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.21. The firm 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%. The business’s revenue was up 31.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.27 earnings per share. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. As a group, sell-side analysts forecast that FormFactor, Inc. will post 2.7 earnings per share for the current fiscal year.

Institutional Trading of FormFactor

Several institutional investors and hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System grew its holdings in FormFactor by 16,039.9% during the second quarter. California State Teachers Retirement System now owns 14,465,988 shares of the semiconductor company’s stock worth $2,313,545,000 after buying an additional 14,376,359 shares in the last quarter. BlackRock Inc. bought a new position in FormFactor during the 2nd quarter valued at $1,676,772,000. Andar Capital Management HK Ltd bought a new position in FormFactor during the 2nd quarter valued at $27,000,000. Bank of America Corp DE purchased a new position in FormFactor during the 2nd quarter worth $285,257,000. Finally, Primecap Management Co. CA purchased a new position in FormFactor during the 2nd quarter worth $270,300,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on FORM shares. TD Cowen cut their price target on FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, July 30th. B. Riley Financial upgraded FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price objective for the company in a report on Thursday, June 11th. Evercore set a $150.00 price target on shares of FormFactor in a research report on Thursday, July 30th. Cantor Fitzgerald restated an “overweight” rating on shares of FormFactor in a research note on Monday, July 27th. Finally, Wall Street Zen downgraded shares of FormFactor from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given 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 price target of $127.45.

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.