Insider Selling: FormFactor (NASDAQ:FORM) CEO Sells 10,227 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) CEO Mike Slessor sold 10,227 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $95.15, for a total transaction of $973,099.05. Following the completion of the transaction, the chief executive officer directly owned 460,859 shares in the company, valued at approximately $43,850,733.85. This represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, February 18th, Mike Slessor sold 8,664 shares of FormFactor stock. The stock was sold at an average price of $94.14, for a total transaction of $815,628.96.
• 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 transaction 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 transaction of $2,574,390.00.

FormFactor Price Performance

FORM traded up $1.47 during trading on Wednesday, hitting $96.18. 1,068,718 shares of the stock traded hands, compared to its average volume of 1,458,737. The business has a 50 day moving average price of $85.16 and a 200 day moving average price of $60.21. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.50 and a quick ratio of 3.60. FormFactor, Inc. has a twelve month low of $22.58 and a twelve month high of $107.04. The company has a market cap of $7.49 billion, a price-to-earnings ratio of 139.39 and a beta of 1.03.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, beating 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 firm had revenue of $215.16 million for the quarter, compared to the consensus estimate of $210.29 million. During the same quarter last year, the business posted $0.27 EPS. The company’s revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Equities research analysts forecast that FormFactor, Inc. will post 0.9 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FORM has been the subject of several research analyst reports. B. Riley Financial reissued a “buy” rating on shares of FormFactor in a research note on Thursday, February 5th. Weiss Ratings restated a “hold (c)” rating on shares of FormFactor in a research note on Thursday, January 22nd. Craig Hallum reaffirmed a “buy” rating and set a $90.00 price target on shares of FormFactor in a report on Thursday, February 5th. Northland Securities set a $70.00 price objective on shares of FormFactor in a research note on Thursday, February 5th. Finally, Loop Capital set a $64.00 target price on shares of FormFactor in a research report on Tuesday, January 27th. One equities 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 stock. According to data from MarketBeat.com, FormFactor presently has a consensus rating of “Moderate Buy” and an average price target of $80.91.

Institutional Trading of FormFactor

Several hedge funds and other institutional investors have recently made changes to their positions in FORM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in FormFactor by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company’s stock worth $1,303,000 after buying an additional 2,001 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of FormFactor by 870.3% during the first quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company’s stock worth $150,000 after purchasing an additional 4,743 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of FormFactor by 12.2% during the first quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company’s stock worth $13,873,000 after purchasing an additional 53,310 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of FormFactor by 5.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company’s stock worth $4,922,000 after purchasing an additional 9,394 shares during the last quarter. Finally, Intech Investment Management LLC increased its holdings in FormFactor by 18.1% in the first quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company’s stock valued at $1,514,000 after purchasing an additional 8,194 shares during the period. 98.76% of the stock is currently owned by 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.