Kevin Brewer Sells 3,000 Shares of FormFactor (NASDAQ:FORM) Stock

FormFactor, Inc. (NASDAQ:FORM) Director Kevin Brewer sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $96.20, for a total value of $288,600.00. Following the completion of the transaction, the director owned 8,105 shares of the company’s stock, valued at $779,701. The trade was a 27.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

FormFactor Stock Performance

FORM opened at $96.76 on Friday. The business’s 50-day simple moving average is $69.26 and its 200 day simple moving average is $49.94. FormFactor, Inc. has a 52-week low of $22.58 and a 52-week high of $100.01. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.60 and a current ratio of 4.50. The firm has a market capitalization of $7.50 billion, a PE ratio of 140.24 and a beta of 1.11.

FormFactor (NASDAQ:FORM) last posted its quarterly 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. The firm had revenue of $215.16 million during the quarter, compared to the consensus estimate of $210.29 million. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The business’s revenue was up 13.6% compared to the same quarter last year. During the same period last year, the company earned $0.27 earnings per share. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. As a group, sell-side analysts expect that FormFactor, Inc. will post 0.9 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on FORM shares. Citigroup upped their price target on shares of FormFactor from $96.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Stifel Nicolaus boosted their price objective on shares of FormFactor from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. DA Davidson set a $55.00 target price on shares of FormFactor in a report on Thursday, October 30th. Itau BBA Securities upgraded shares of FormFactor to an “outperform” rating in a research note on Tuesday, January 27th. Finally, Freedom Capital raised FormFactor to a “hold” rating 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 issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $80.91.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its holdings in FormFactor by 170.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,094,421 shares of the semiconductor company’s stock valued at $72,069,000 after acquiring an additional 1,319,345 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of FormFactor by 5,596.8% during the fourth quarter. Victory Capital Management Inc. now owns 1,256,545 shares of the semiconductor company’s stock worth $70,090,000 after acquiring an additional 1,234,488 shares during the period. Morgan Stanley grew its position in shares of FormFactor by 98.5% in the fourth quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after purchasing an additional 1,127,146 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in shares of FormFactor during the fourth quarter worth approximately $60,495,000. Finally, Westfield Capital Management Co. LP bought a new stake in FormFactor in the 3rd quarter valued at $37,391,000. 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.