FormFactor (NASDAQ:FORM) Director Dennis Thomas St Sells 1,000 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) Director Dennis Thomas St sold 1,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $115.84, for a total value of $115,840.00. Following the sale, the director directly owned 31,873 shares in the company, valued at approximately $3,692,168.32. This trade represents a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

FormFactor Stock Performance

FORM opened at $128.00 on Friday. The firm has a market cap of $9.98 billion, a P/E ratio of 147.13 and a beta of 1.32. FormFactor, Inc. has a 52-week low of $26.08 and a 52-week high of $159.09. 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 fifty day moving average is $119.87 and its 200-day moving average is $87.26.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.11. The company had revenue of $226.14 million for the quarter, compared to analyst estimates of $225.54 million. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.FormFactor’s quarterly revenue was up 31.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.23 EPS. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Sell-side analysts expect that FormFactor, Inc. will post 2.03 EPS for the current fiscal year.

Institutional Trading of FormFactor

A number of hedge funds have recently made changes to their positions in FORM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of FormFactor by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company’s stock valued at $1,303,000 after purchasing an additional 2,001 shares in the last quarter. Jones Financial Companies Lllp boosted its stake 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 valued at $150,000 after purchasing an additional 4,743 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake 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 valued at $13,873,000 after purchasing an additional 53,310 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of FormFactor by 5.7% during 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 valued at $4,922,000 after purchasing an additional 9,394 shares in the last quarter. Finally, Intech Investment Management LLC boosted its stake in shares of FormFactor by 18.1% during 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 in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on FORM shares. TD Cowen raised their price target on shares of FormFactor from $80.00 to $150.00 and gave the company a “hold” rating in a research note on Thursday, April 30th. B. Riley Financial raised their price target on shares of FormFactor from $145.00 to $165.00 and gave the company a “neutral” rating in a research note on Tuesday, May 12th. Wall Street Zen upgraded shares of FormFactor from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Finally, Piper Sandler set a $100.00 price target on shares of FormFactor in a research note on Monday, February 2nd. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, FormFactor currently has a consensus rating of “Hold” and a consensus price target of $132.45.

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.