Mike Slessor Sells 4,000 Shares of FormFactor, Inc. (NASDAQ:FORM) Stock

FormFactor, Inc. (NASDAQ:FORMGet Free Report) CEO Mike Slessor sold 4,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $44.44, for a total transaction of $177,760.00. Following the completion of the sale, the chief executive officer now directly owns 522,531 shares in the company, valued at approximately $23,221,277.64. This represents a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

  • 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 Trading Up 0.5 %

Shares of FormFactor stock opened at $44.46 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.94 and a current ratio of 4.76. The company has a market capitalization of $3.44 billion, a P/E ratio of 25.55 and a beta of 1.08. FormFactor, Inc. has a 1 year low of $37.21 and a 1 year high of $63.63. The company’s fifty day moving average is $42.22 and its two-hundred day moving average is $47.18.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on FORM shares. Needham & Company LLC dropped their price objective on FormFactor from $60.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. TD Cowen dropped their price target on shares of FormFactor from $60.00 to $44.00 and set a “hold” rating on the stock in a research note on Thursday, October 31st. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $55.38.

Get Our Latest Research Report on FormFactor

Hedge Funds Weigh In On FormFactor

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Xponance Inc. lifted its position in FormFactor by 5.1% during the 2nd quarter. Xponance Inc. now owns 4,925 shares of the semiconductor company’s stock worth $298,000 after acquiring an additional 241 shares during the period. Advisors Asset Management Inc. increased its stake in FormFactor by 99.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 620 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 309 shares during the period. Arizona State Retirement System raised its position in FormFactor by 1.5% during the 2nd quarter. Arizona State Retirement System now owns 21,724 shares of the semiconductor company’s stock worth $1,315,000 after buying an additional 331 shares during the last quarter. Glenmede Trust Co. NA lifted its stake in shares of FormFactor by 7.4% in the 3rd quarter. Glenmede Trust Co. NA now owns 5,995 shares of the semiconductor company’s stock worth $276,000 after acquiring an additional 415 shares during the period. Finally, Federated Hermes Inc. increased its stake in shares of FormFactor by 9.2% during the second quarter. Federated Hermes Inc. now owns 5,272 shares of the semiconductor company’s stock worth $319,000 after acquiring an additional 445 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

About FormFactor

(Get Free Report)

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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