FormFactor, Inc. (NASDAQ:FORM) Director Kelley Steven-Waiss sold 1,200 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $15.42, for a total value of $18,504.00. Following the completion of the transaction, the director now directly owns 10,800 shares in the company, valued at approximately $166,536. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Kelley Steven-Waiss also recently made the following trade(s):

  • On Tuesday, February 12th, Kelley Steven-Waiss sold 7,000 shares of FormFactor stock. The shares were sold at an average price of $15.50, for a total value of $108,500.00.

Shares of NASDAQ FORM traded up $0.31 during mid-day trading on Friday, reaching $15.69. 524,061 shares of the company were exchanged, compared to its average volume of 369,940. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.30 and a quick ratio of 2.54. The stock has a market capitalization of $1.17 billion, a P/E ratio of 20.38, a price-to-earnings-growth ratio of 1.87 and a beta of 1.64. FormFactor, Inc. has a 1 year low of $11.10 and a 1 year high of $16.83.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, February 6th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.05. FormFactor had a return on equity of 11.59% and a net margin of 19.64%. The company had revenue of $140.90 million for the quarter, compared to analyst estimates of $135.93 million. During the same period in the prior year, the company posted $0.24 EPS. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. As a group, equities research analysts anticipate that FormFactor, Inc. will post 0.69 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in FORM. Csenge Advisory Group acquired a new position in FormFactor during the 3rd quarter valued at about $25,000. Oregon Public Employees Retirement Fund acquired a new position in FormFactor during the 4th quarter valued at about $28,000. PNC Financial Services Group Inc. increased its position in FormFactor by 22.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,120 shares of the semiconductor company’s stock valued at $72,000 after buying an additional 924 shares in the last quarter. Advisor Group Inc. increased its position in FormFactor by 28.0% during the 4th quarter. Advisor Group Inc. now owns 6,311 shares of the semiconductor company’s stock valued at $89,000 after buying an additional 1,381 shares in the last quarter. Finally, First Quadrant L P CA acquired a new position in FormFactor during the 4th quarter valued at about $90,000. 94.42% of the stock is currently owned by institutional investors.

Several equities research analysts have weighed in on FORM shares. ValuEngine upgraded FormFactor from a “hold” rating to a “buy” rating in a report on Monday, November 26th. Sidoti lowered their target price on FormFactor from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Thursday, January 3rd. BidaskClub cut FormFactor from a “buy” rating to a “hold” rating in a report on Saturday, December 8th. Craig Hallum cut FormFactor from a “buy” rating to a “hold” rating and upped their target price for the stock from $16.00 to $17.00 in a report on Thursday, February 7th. Finally, Zacks Investment Research cut FormFactor from a “hold” rating to a “sell” rating in a report on Friday, March 8th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. FormFactor currently has an average rating of “Hold” and a consensus target price of $17.08.

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FormFactor Company Profile

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, and reliability test systems. The company offers probe cards that are used to test various semiconductor device types, including system on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies.

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