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

by · The Cerbat Gem

FormFactor, Inc. (NASDAQ:FORM – Get Free Report) Director Dennis Thomas St sold 2,800 shares of the stock in a transaction 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 sale, the director owned 29,073 shares in the company, valued at $4,404,268.77. The trade was a 8.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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 shares were sold at an average price of $115.84, for a total value of $115,840.00.

FormFactor Stock Performance

Shares of FORM traded down $12.36 during mid-day trading on Tuesday, reaching $140.24. The company’s stock had a trading volume of 1,147,088 shares, compared to its average volume of 1,479,766. FormFactor, Inc. has a 1-year low of $26.08 and a 1-year high of $159.09. The stock has a market cap of $10.93 billion, a P/E ratio of 161.20 and a beta of 1.26. The business has a 50-day simple moving average of $131.30 and a two-hundred day simple moving average of $96.99. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) 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 analysts’ expectations of $225.54 million. During the same period last year, the firm posted $0.23 earnings per share. The business’s revenue was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, equities research analysts anticipate that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.

Institutional Investors Weigh In On FormFactor

Hedge funds and other institutional investors have recently bought and sold shares of the company. Los Angeles Capital Management LLC bought a new stake in FormFactor during the 4th quarter worth $25,000. UMB Bank n.a. lifted its holdings in 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 buying an additional 281 shares during the period. Torren Management LLC acquired a new position in FormFactor during the 4th quarter worth about $41,000. Kestra Advisory Services LLC acquired a new position in shares of FormFactor in the 4th quarter valued at about $53,000. Finally, Jones Financial Companies Lllp lifted its stake in shares of FormFactor by 84.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 453 shares during the period. Institutional investors own 98.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on FORM shares. B. Riley Financial upgraded FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price objective on the stock in a research note on Thursday. Citigroup raised their price objective on FormFactor to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Cantor Fitzgerald restated an “overweight” rating and set a $175.00 price objective on shares of FormFactor in a research note on Monday, April 27th. TD Cowen raised their price objective on FormFactor from $80.00 to $150.00 and gave the stock a “hold” rating in a research note on Thursday, April 30th. Finally, Northland Securities set a $118.00 price objective on FormFactor in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.45.

View Our Latest Research Report on FormFactor

FormFactor Company Profile

(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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