Rebeca Obregon-Jimenez Sells 2,770 Shares of FormFactor (NASDAQ:FORM) Stock

by · The Cerbat Gem

FormFactor, Inc. (NASDAQ:FORM – Get Free Report) Director Rebeca Obregon-Jimenez sold 2,770 shares of the stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $95.82, for a total value of $265,421.40. Following the sale, the director directly owned 10,356 shares in the company, valued at $992,311.92. This represents a 21.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

FormFactor Stock Performance

Shares of FORM stock traded down $1.58 on Tuesday, hitting $93.30. The company had a trading volume of 1,451,710 shares, compared to its average volume of 1,805,343. FormFactor, Inc. has a twelve month low of $22.58 and a twelve month high of $97.00. The company has a quick ratio of 3.60, a current ratio of 4.50 and a debt-to-equity ratio of 0.01. The firm has a market cap of $7.23 billion, a P/E ratio of 135.22 and a beta of 1.11. The company has a 50-day moving average price of $66.97 and a 200-day moving average price of $48.87.

FormFactor (NASDAQ:FORM – Get Free Report) last posted its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.35 by $0.11. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The firm had revenue of $215.16 million for the quarter, compared to analyst estimates of $210.29 million. During the same period last year, the company earned $0.27 earnings per share. FormFactor’s revenue for the quarter was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. As a group, equities research analysts predict that FormFactor, Inc. will post 0.9 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FormFactor

A number of hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of FormFactor by 4.5% in 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 acquiring an additional 2,001 shares in the last quarter. Jones Financial Companies Lllp raised its stake in FormFactor by 870.3% in the 1st 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 during the last quarter. Goldman Sachs Group Inc. lifted its holdings in FormFactor by 12.2% in the 1st 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 FormFactor by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company’s stock worth $4,922,000 after purchasing an additional 9,394 shares during the last quarter. Finally, Intech Investment Management LLC grew its holdings 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 worth $1,514,000 after buying an additional 8,194 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on FORM shares. Craig Hallum reissued a “buy” rating and set a $90.00 price target on shares of FormFactor in a report on Thursday, February 5th. DA Davidson set a $55.00 target price on shares of FormFactor in a research note on Thursday, October 30th. TD Cowen lifted their price target on FormFactor from $50.00 to $80.00 and gave the company a “hold” rating in a research note on Thursday, February 5th. Freedom Capital upgraded FormFactor to a “hold” rating in a research report on Tuesday, January 27th. Finally, Cantor Fitzgerald raised their price objective on FormFactor from $75.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, February 2nd. One equities 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $80.91.

Check Out Our Latest Stock Analysis on FORM

About FormFactor

(Get Free Report)

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.

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