FormFactor (NASDAQ:FORM) Director Dennis Thomas St Sells 2,800 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) Director Dennis Thomas St sold 2,800 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $151.49, for a total value of $424,172.00. Following the completion of the transaction, the director directly owned 29,073 shares of the company’s stock, valued at $4,404,268.77. This represents a 8.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Dennis Thomas St also recently made the following trade(s):

• On Tuesday, May 19th, Dennis Thomas St sold 1,000 shares of FormFactor stock. The stock was sold at an average price of $115.84, for a total value of $115,840.00.

FormFactor Stock Down 8.1%

FORM stock opened at $140.24 on Wednesday. FormFactor, Inc. has a twelve month low of $26.08 and a twelve month high of $159.09. The company has a quick ratio of 3.69, a current ratio of 4.55 and a debt-to-equity ratio of 0.01. The firm has a market cap of $10.93 billion, a PE ratio of 161.20 and a beta of 1.26. The business has a 50 day moving average of $131.30 and a 200 day moving average of $96.99.

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

Wall Street Analysts Forecast Growth

FORM has been the subject of a number of analyst reports. Northland Securities set a $118.00 price objective on FormFactor in a research report on Thursday, April 30th. Wall Street Zen raised FormFactor from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. B. Riley Financial raised FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 target price for the company in a report on Thursday, June 11th. Finally, Craig Hallum raised FormFactor from a “hold” rating to a “buy” rating and set a $175.00 target price for the company in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $132.45.

Institutional Trading of FormFactor

A number of institutional investors and hedge funds have recently modified their holdings of FORM. Empowered Funds LLC purchased a new position in shares of FormFactor in the 1st quarter worth $269,000. Parallel Advisors LLC boosted its stake in shares of FormFactor by 1,077.3% in the 1st quarter. Parallel Advisors LLC now owns 6,381 shares of the semiconductor company’s stock worth $619,000 after buying an additional 5,839 shares during the last quarter. Glenmede Trust Co. NA purchased a new position in shares of FormFactor in the 1st quarter worth $322,000. Cim Investment Management Inc. boosted its stake in shares of FormFactor by 10.8% in the 1st quarter. Cim Investment Management Inc. now owns 5,071 shares of the semiconductor company’s stock worth $492,000 after buying an additional 493 shares during the last quarter. Finally, Edgestream Partners L.P. purchased a new position in shares of FormFactor in the 1st quarter worth $4,450,000. Institutional investors 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.