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

FormFactor, Inc. (NASDAQ:FORM) CEO Mike Slessor sold 8,664 shares of FormFactor stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $94.14, for a total value of $815,628.96. Following the completion of the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Thursday, January 15th, Mike Slessor sold 13,088 shares of FormFactor stock. The stock was sold at an average price of $76.81, for a total value 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 transaction 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 transaction of $432,224.84.

FormFactor Stock Performance

Shares of FORM opened at $92.28 on Friday. The company has a 50-day simple moving average of $72.16 and a 200-day simple moving average of $51.69. 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 company has a market capitalization of $7.15 billion, a PE ratio of 133.74 and a beta of 1.11. FormFactor, Inc. has a 52-week low of $22.58 and a 52-week high of $100.01.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV grew its holdings in shares of FormFactor by 2.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock worth $419,000 after buying an additional 157 shares in the last quarter. State of Wyoming boosted its position in FormFactor by 18.4% during the third quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock worth $61,000 after acquiring an additional 261 shares during the last quarter. UMB Bank n.a. grew its stake in FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 281 shares during the period. Maryland State Retirement & Pension System raised its holdings in FormFactor by 2.7% in the 4th quarter. Maryland State Retirement & Pension System now owns 11,385 shares of the semiconductor company’s stock valued at $635,000 after acquiring an additional 299 shares during the last quarter. Finally, Arizona State Retirement System raised its holdings in FormFactor by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 22,796 shares of the semiconductor company’s stock valued at $830,000 after acquiring an additional 335 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FORM. B. Riley Financial restated a “buy” rating on shares of FormFactor in a research report on Thursday, February 5th. Evercore increased their price objective on shares of FormFactor from $50.00 to $80.00 and gave the company an “in-line” rating in a research note on Thursday, February 5th. Itau BBA Securities upgraded shares of FormFactor to an “outperform” rating in a report on Tuesday, January 27th. Weiss Ratings restated a “hold (c)” rating on shares of FormFactor in a research report on Thursday, January 22nd. Finally, DA Davidson set a $55.00 price target on shares of FormFactor in a report on Thursday, October 30th. One 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’s stock. According to data from MarketBeat.com, FormFactor currently has a consensus rating of “Moderate Buy” and an average price target 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.