Insider Selling: FormFactor (NASDAQ:FORM) Director Sells $288,600.00 in Stock

FormFactor, Inc. (NASDAQ:FORM) Director Kevin Brewer sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $96.20, for a total value of $288,600.00. Following the transaction, the director owned 8,105 shares of the company’s stock, valued at approximately $779,701. This trade represents a 27.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

FormFactor Price Performance

Shares of NASDAQ:FORM opened at $96.76 on Friday. The company has a market capitalization of $7.50 billion, a P/E ratio of 140.24 and a beta of 1.11. FormFactor, Inc. has a 1-year low of $22.58 and a 1-year high of $100.01. The firm’s 50 day simple moving average is $69.26 and its two-hundred day simple moving average is $50.04. 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 (NASDAQ:FORM) last announced its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.35 by $0.11. The firm had revenue of $215.16 million for the quarter, compared to the consensus estimate of $210.29 million. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The company’s revenue was up 13.6% on a year-over-year basis. During the same period last year, the firm earned $0.27 EPS. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Research analysts expect that FormFactor, Inc. will post 0.9 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FORM has been the topic of a number of research analyst reports. Northland Securities set a $70.00 price target on FormFactor in a report on Thursday, February 5th. Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. Freedom Capital upgraded shares of FormFactor to a “hold” rating in a research report on Tuesday, January 27th. B. Riley Financial reaffirmed a “buy” rating on shares of FormFactor in a research note on Thursday, February 5th. Finally, Cantor Fitzgerald boosted their price target on shares of FormFactor from $75.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, FormFactor currently has an average rating of “Moderate Buy” and a consensus price target of $80.91.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in FORM. Bank of New York Mellon Corp raised its position in FormFactor by 170.2% during the second 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 purchasing an additional 1,319,345 shares during the period. Victory Capital Management Inc. increased its position in shares of FormFactor by 5,596.8% during the 4th quarter. Victory Capital Management Inc. now owns 1,256,545 shares of the semiconductor company’s stock valued at $70,090,000 after purchasing an additional 1,234,488 shares during the last quarter. Morgan Stanley raised its holdings in FormFactor by 98.5% during the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after buying an additional 1,127,146 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new stake in FormFactor during the 4th quarter valued at $60,495,000. Finally, Westfield Capital Management Co. LP bought a new stake in FormFactor in the third quarter worth $37,391,000. Hedge funds and other 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.