FormFactor (NASDAQ:FORM) CEO Mike Slessor Sells 8,664 Shares of Stock

FormFactor, Inc. (NASDAQ:FORM) CEO Mike Slessor sold 8,664 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $94.14, for a total transaction of $815,628.96. Following the transaction, the chief executive officer owned 471,086 shares in the company, valued at approximately $44,348,036.04. This trade represents a 1.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Mike Slessor also recently made the following trade(s):

• On Thursday, January 15th, Mike Slessor sold 13,088 shares of FormFactor stock. The shares were sold at an average price of $76.81, for a total transaction of $1,005,289.28.
• On Tuesday, January 6th, Mike Slessor sold 39,606 shares of FormFactor stock. The stock was sold at an average price of $65.00, for a total value of $2,574,390.00.
• On Wednesday, December 17th, Mike Slessor sold 7,669 shares of FormFactor stock. The stock was sold at an average price of $56.36, for a total value of $432,224.84.

FormFactor Stock Down 0.7%

FormFactor stock opened at $94.68 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.50 and a quick ratio of 3.60. FormFactor, Inc. has a 1-year low of $22.58 and a 1-year high of $100.01. The company has a market cap of $7.34 billion, a PE ratio of 137.22 and a beta of 1.11. The stock’s 50 day moving average price is $71.48 and its 200 day moving average price is $51.41.

FormFactor (NASDAQ:FORM) last released its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.11. The firm had revenue of $215.16 million during the quarter, compared to analysts’ expectations of $210.29 million. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.FormFactor’s revenue was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.27 earnings per share. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, sell-side analysts predict that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Institutional Trading of FormFactor

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Los Angeles Capital Management LLC purchased a new stake in FormFactor during the 4th quarter worth about $25,000. UMB Bank n.a. boosted its stake in shares of FormFactor by 128.9% during the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares during the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of FormFactor during the 3rd quarter worth about $25,000. Torren Management LLC acquired a new position in shares of FormFactor in the fourth quarter valued at approximately $41,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of FormFactor in the fourth quarter valued at approximately $53,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Piper Sandler set a $100.00 target price on shares of FormFactor in a report on Monday, February 2nd. Citigroup raised their price objective on FormFactor from $96.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a report on Thursday, January 22nd. DA Davidson set a $55.00 target price on FormFactor in a report on Thursday, October 30th. Finally, Itau BBA Securities upgraded FormFactor to an “outperform” rating in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $80.91.

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.