Insider Selling: FormFactor (NASDAQ:FORM) Director Sells 3,250 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) Director Brian White sold 3,250 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $126.00, for a total value of $409,500.00. Following the sale, the director owned 8,653 shares in the company, valued at $1,090,278. The trade was a 27.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

FormFactor Price Performance

Shares of NASDAQ FORM traded up $2.69 during trading on Thursday, reaching $128.00. The company had a trading volume of 1,466,842 shares, compared to its average volume of 1,704,035. FormFactor, Inc. has a 52 week low of $26.08 and a 52 week high of $159.09. The stock has a market cap of $9.98 billion, a PE ratio of 147.13 and a beta of 1.32. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.69 and a current ratio of 4.55. The business’s 50 day moving average price is $119.13 and its 200-day moving average price is $86.74.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $225.54 million. During the same period in the previous year, the firm posted $0.23 earnings per share. The company’s revenue was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Analysts expect that FormFactor, Inc. will post 2.03 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Stifel Nicolaus set a $135.00 price objective on FormFactor in a research report on Thursday, April 30th. Loop Capital set a $64.00 price objective on FormFactor in a report on Tuesday, January 27th. Zacks Research cut FormFactor from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Evercore set a $155.00 price objective on FormFactor in a report on Thursday, April 30th. Finally, Freedom Capital raised FormFactor to a “hold” rating in a report on Tuesday, January 27th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, FormFactor presently has an average rating of “Hold” and a consensus target price of $132.45.

Hedge Funds Weigh In On FormFactor

Several hedge funds have recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV increased its stake in shares of FormFactor by 2.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock valued at $419,000 after acquiring an additional 157 shares during the last quarter. Blue Trust Inc. increased its stake in shares of FormFactor by 1.9% in the 1st quarter. Blue Trust Inc. now owns 10,542 shares of the semiconductor company’s stock valued at $1,022,000 after acquiring an additional 196 shares during the last quarter. State of Wyoming increased its stake in shares of FormFactor by 18.4% in the 3rd quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock valued at $61,000 after acquiring an additional 261 shares during the last quarter. UMB Bank n.a. increased its stake 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 valued at $28,000 after acquiring an additional 281 shares during the last quarter. Finally, Maryland State Retirement & Pension System increased its stake in shares of FormFactor by 2.7% in the 4th quarter. Maryland State Retirement & Pension System now owns 11,385 shares of the semiconductor company’s stock valued at $635,000 after acquiring an additional 299 shares during the last quarter. Institutional investors and hedge funds 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.