FormFactor, Inc. (NASDAQ:FORM) CFO Michael M. Ludwig sold 16,845 shares of the stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $17.50, for a total value of $294,787.50. Following the completion of the sale, the chief financial officer now owns 241,132 shares in the company, valued at $4,219,810. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of FormFactor, Inc. (FORM) traded down $0.07 during midday trading on Tuesday, reaching $17.40. The company’s stock had a trading volume of 552,100 shares, compared to its average volume of 683,288. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.16 and a quick ratio of 2.45. The company has a market cap of $1,275.40, a PE ratio of 17.83, a PEG ratio of 1.05 and a beta of 1.53. FormFactor, Inc. has a 1-year low of $10.05 and a 1-year high of $18.65.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings data on Tuesday, October 31st. The semiconductor company reported $0.34 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.02. The firm had revenue of $143.74 million during the quarter, compared to analysts’ expectations of $140.83 million. FormFactor had a return on equity of 16.80% and a net margin of 3.68%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.22 EPS. analysts forecast that FormFactor, Inc. will post 1.04 EPS for the current year.

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Several brokerages recently issued reports on FORM. DA Davidson reissued a “buy” rating and issued a $20.00 price objective on shares of FormFactor in a research note on Thursday, August 31st. Needham & Company LLC reissued a “buy” rating and issued a $18.00 price objective on shares of FormFactor in a research note on Tuesday, September 12th. B. Riley increased their price objective on FormFactor from $20.00 to $22.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Citigroup Inc. increased their price objective on FormFactor from $16.00 to $17.40 and gave the stock a “neutral” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research raised FormFactor from a “hold” rating to a “strong-buy” rating and set a $16.00 price objective on the stock in a research note on Wednesday, August 9th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $18.06.

Institutional investors have recently bought and sold shares of the company. Gotham Asset Management LLC acquired a new stake in shares of FormFactor in the 2nd quarter worth $140,000. Great West Life Assurance Co. Can boosted its position in shares of FormFactor by 214.9% in the 2nd quarter. Great West Life Assurance Co. Can now owns 12,462 shares of the semiconductor company’s stock worth $154,000 after purchasing an additional 8,505 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of FormFactor in the 1st quarter worth $160,000. Advisor Group Inc. boosted its position in shares of FormFactor by 105.4% in the 3rd quarter. Advisor Group Inc. now owns 9,566 shares of the semiconductor company’s stock worth $160,000 after purchasing an additional 4,909 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of FormFactor in the 3rd quarter worth $172,000. 84.11% of the stock is owned by hedge funds and other institutional investors.

About FormFactor

FormFactor, Inc is a provider of test and measurement solutions. The Company’s segments include the Probe Cards segment and Systems segment. The Company designs, manufactures and sells multiple product lines, including probe cards, analytical probes, probe stations, integrated measurement systems, thermal sub-systems, reliability test systems, and related services.

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

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