FormFactor (NASDAQ:FORM) Shares Gap Up – Here’s What Happened

FormFactor, Inc. (NASDAQ:FORM)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $116.70, but opened at $124.88. FormFactor shares last traded at $121.7510, with a volume of 103,988 shares trading hands.

Analyst Ratings Changes

A number of equities analysts have recently commented on FORM shares. Weiss Ratings raised shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded FormFactor from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Cantor Fitzgerald reissued an “overweight” rating and issued a $175.00 price objective on shares of FormFactor in a research report on Monday, April 27th. Northland Securities set a $118.00 price objective on FormFactor in a research report on Thursday, April 30th. Finally, Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 target price on the stock in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $132.45.

FormFactor Trading Down 2.9%

The firm has a market capitalization of $9.40 billion, a price-to-earnings ratio of 138.65 and a beta of 1.26. The business has a 50-day moving average of $127.65 and a two-hundred day moving average of $94.02. The company has a quick ratio of 3.69, a current ratio of 4.55 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.11. The business had revenue of $226.14 million for the quarter, compared to the consensus estimate of $225.54 million. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The firm’s revenue for the quarter was up 31.9% compared to the same quarter last year. During the same period last year, the business earned $0.23 earnings per share. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Research analysts predict that FormFactor, Inc. will post 2.03 EPS for the current fiscal year.

Insider Transactions at FormFactor

In other FormFactor news, Director Dennis Thomas St sold 1,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $115.84, for a total value of $115,840.00. Following the sale, the director owned 31,873 shares of the company’s stock, valued at $3,692,168.32. The trade was a 3.04% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Rebeca Obregon-Jimenez sold 3,828 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $126.47, for a total transaction of $484,127.16. Following the completion of the sale, the director directly owned 7,875 shares in the company, valued at $995,951.25. This trade represents a 32.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 45,365 shares of company stock worth $5,412,663. 0.79% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On FormFactor

Institutional investors and hedge funds have recently bought and sold shares of the business. Los Angeles Capital Management LLC bought a new stake in FormFactor in the 4th quarter valued at $25,000. UMB Bank n.a. increased its holdings in FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 281 shares during the period. Jones Financial Companies Lllp increased its holdings in 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 buying an additional 453 shares during the period. Hantz Financial Services Inc. increased its holdings in FormFactor by 547.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 882 shares during the period. Finally, Torren Management LLC acquired a new stake in shares of FormFactor in the 4th quarter valued at $41,000. 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.