FormFactor, Inc. (NASDAQ:FORM) CEO Sells $155,920.00 in Stock

FormFactor, Inc. (NASDAQ:FORMGet Free Report) CEO Mike Slessor sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $38.98, for a total transaction of $155,920.00. Following the transaction, the chief executive officer now owns 518,531 shares in the company, valued at $20,212,338.38. The trade was a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

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

  • On Thursday, January 2nd, Mike Slessor sold 4,000 shares of FormFactor stock. The shares were sold at an average price of $44.44, for a total transaction of $177,760.00.
  • On Monday, December 2nd, Mike Slessor sold 4,000 shares of FormFactor stock. The stock was sold at an average price of $40.59, for a total transaction of $162,360.00.

FormFactor Stock Down 1.2 %

Shares of FormFactor stock traded down $0.47 during trading on Monday, reaching $39.58. The stock had a trading volume of 680,850 shares, compared to its average volume of 751,955. The company has a current ratio of 4.76, a quick ratio of 3.94 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 22.75 and a beta of 1.07. The stock has a fifty day moving average price of $43.00 and a two-hundred day moving average price of $44.60. FormFactor, Inc. has a 52 week low of $37.25 and a 52 week high of $63.63.

Institutional Investors Weigh In On FormFactor

Institutional investors have recently bought and sold shares of the company. Advisors Asset Management Inc. boosted its stake in shares of FormFactor by 99.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 620 shares of the semiconductor company’s stock worth $29,000 after buying an additional 309 shares during the last quarter. Quarry LP increased its holdings in FormFactor by 131.7% during the third quarter. Quarry LP now owns 920 shares of the semiconductor company’s stock worth $42,000 after buying an additional 523 shares during the last quarter. Manchester Capital Management LLC increased its holdings in FormFactor by 63.8% during the fourth quarter. Manchester Capital Management LLC now owns 1,130 shares of the semiconductor company’s stock worth $50,000 after buying an additional 440 shares during the last quarter. CWM LLC raised its position in FormFactor by 57.3% during the third quarter. CWM LLC now owns 2,867 shares of the semiconductor company’s stock worth $132,000 after acquiring an additional 1,044 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in FormFactor by 49.6% in the 3rd quarter. GAMMA Investing LLC now owns 3,389 shares of the semiconductor company’s stock valued at $156,000 after purchasing an additional 1,123 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on FORM shares. Needham & Company LLC downgraded shares of FormFactor from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Citigroup raised FormFactor from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $44.00 to $51.00 in a research note on Monday, January 6th. Finally, TD Cowen reduced their target price on FormFactor from $60.00 to $44.00 and set a “hold” rating on the stock in a report on Thursday, October 31st. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $56.00.

Read Our Latest Stock Report on FORM

About FormFactor

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FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.

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Insider Buying and Selling by Quarter for FormFactor (NASDAQ:FORM)

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