FormFactor (NASDAQ:FORM) Director Sells $109,548.00 in Stock

FormFactor, Inc. (NASDAQ:FORMGet Free Report) Director Kelley Steven-Waiss sold 3,600 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $30.43, for a total value of $109,548.00. Following the completion of the sale, the director directly owned 35,479 shares of the company’s stock, valued at $1,079,625.97. The trade was a 9.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FormFactor Stock Performance

Shares of FORM stock opened at $30.14 on Monday. The company has a quick ratio of 3.34, a current ratio of 4.24 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $2.32 billion, a price-to-earnings ratio of 53.82 and a beta of 1.24. The stock has a fifty day moving average of $31.23 and a 200 day moving average of $30.93. FormFactor, Inc. has a 52 week low of $22.58 and a 52 week high of $50.79.

FormFactor (NASDAQ:FORMGet Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.03). The firm had revenue of $195.80 million for the quarter, compared to analysts’ expectations of $190.17 million. FormFactor had a net margin of 5.75% and a return on equity of 5.57%. The business’s quarterly revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.35 EPS. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. As a group, research analysts expect that FormFactor, Inc. will post 0.9 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Deutsche Bank AG grew its holdings in FormFactor by 28.7% during the fourth quarter. Deutsche Bank AG now owns 134,966 shares of the semiconductor company’s stock worth $5,939,000 after acquiring an additional 30,093 shares during the period. Ethic Inc. lifted its position in shares of FormFactor by 69.9% in the fourth quarter. Ethic Inc. now owns 9,294 shares of the semiconductor company’s stock valued at $409,000 after acquiring an additional 3,825 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of FormFactor by 180.9% in the fourth quarter. Lazard Asset Management LLC now owns 52,759 shares of the semiconductor company’s stock valued at $2,321,000 after acquiring an additional 33,978 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of FormFactor by 4.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,071 shares of the semiconductor company’s stock valued at $1,939,000 after acquiring an additional 1,682 shares in the last quarter. Finally, ProShare Advisors LLC lifted its position in FormFactor by 44.5% during the fourth quarter. ProShare Advisors LLC now owns 23,334 shares of the semiconductor company’s stock worth $1,027,000 after buying an additional 7,183 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FORM has been the topic of a number of analyst reports. Wall Street Zen cut FormFactor from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Stifel Nicolaus cut their price objective on FormFactor from $34.00 to $31.00 and set a “hold” rating on the stock in a research report on Thursday, July 31st. Finally, Citigroup reaffirmed a “neutral” rating and issued a $31.00 price objective (down previously from $36.00) on shares of FormFactor in a research report on Thursday, August 21st. One research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $38.29.

Get Our Latest Stock Analysis on FORM

About FormFactor

(Get Free Report)

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.

Further Reading

Insider Buying and Selling by Quarter for FormFactor (NASDAQ:FORM)

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