Kelley Steven-Waiss Sells 1,200 Shares of FormFactor, Inc. (FORM) Stock

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

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.

FORM traded up $0.31 on Friday, hitting $15.69. 524,061 shares of the company’s stock traded hands, compared to its average volume of 369,940. The company has a market capitalization of $1.16 billion, a PE ratio of 20.38, a price-to-earnings-growth ratio of 1.87 and a beta of 1.64. FormFactor, Inc. has a one year low of $11.10 and a one year high of $16.83. The company has a current ratio of 3.30, a quick ratio of 2.54 and a debt-to-equity ratio of 0.06.

FormFactor (NASDAQ:FORM) last released its quarterly earnings data on Wednesday, February 6th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ 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 business had revenue of $140.90 million for the quarter, compared to the consensus estimate of $135.93 million. During the same quarter in the previous year, the company posted $0.24 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. Equities research analysts predict that FormFactor, Inc. will post 0.69 earnings per share for the current year.

FORM has been the topic of a number of analyst reports. ValuEngine raised FormFactor from a “hold” rating to a “buy” rating in a research report on Monday, November 26th. BidaskClub raised FormFactor from a “hold” rating to a “buy” rating in a research note on Tuesday, November 27th. Sidoti downgraded FormFactor from a “buy” rating to a “neutral” rating in a research note on Monday, December 3rd. Zacks Investment Research downgraded FormFactor from a “hold” rating to a “sell” rating in a research note on Tuesday, February 5th. Finally, Craig Hallum downgraded FormFactor from a “buy” rating to a “hold” rating and lifted their target price for the company from $16.00 to $17.00 in a research note on Thursday, February 7th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $17.08.

A number of large investors have recently added to or reduced their stakes in the business. Amalgamated Bank increased its stake in FormFactor by 6.7% in the 4th quarter. Amalgamated Bank now owns 10,877 shares of the semiconductor company’s stock worth $153,000 after acquiring an additional 681 shares during the last quarter. State of Alaska Department of Revenue lifted its stake in shares of FormFactor by 3.1% during the 4th quarter. State of Alaska Department of Revenue now owns 24,780 shares of the semiconductor company’s stock worth $349,000 after purchasing an additional 750 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of FormFactor by 22.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,120 shares of the semiconductor company’s stock worth $72,000 after purchasing an additional 924 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of FormFactor by 2.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 51,979 shares of the semiconductor company’s stock worth $732,000 after purchasing an additional 1,143 shares during the last quarter. Finally, Flinton Capital Management LLC lifted its stake in shares of FormFactor by 15.4% during the 4th quarter. Flinton Capital Management LLC now owns 8,640 shares of the semiconductor company’s stock worth $122,000 after purchasing an additional 1,152 shares during the last quarter. 94.42% of the stock is currently owned by institutional investors and hedge funds.

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About FormFactor

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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