FormFactor (FORM) Valuation and Analyst Recommendations

FormFactor (FORM), a provider of test and measurement solutions for the semiconductor industry, is currently trading near US$70, despite an analyst price target of US$64.11.

Analyst Ratings: The consensus recommendation of "Moderate Buy" reflects mixed opinions among analysts, with six holding the stock, five recommending a buy, and one suggesting a strong buy. Stifel Nicolaus lifted their target price on FormFactor from $42.00 to $65.00 and gave the company a "hold" rating. Itau BBA Securities raised shares of FormFactor to an "outperform" rating.

Insider Trading: Recent insider selling activity, including sales by the CEO and other insiders, may raise concerns. Over the last three months, insiders sold 73,466 shares of company stock worth $4,683,377. However, it's important to note that insiders still own 0.96% of the stock.

Institutional Ownership: Institutional investors hold a significant 98.76% of the company's stock. Several large investors have recently modified their holdings of FORM, indicating continued interest from institutional players.

Valuation: With a market cap of $5.46 billion and a high trailing PE ratio of 135.56, FormFactor's valuation appears stretched. The stock's 52-week range provides a sense of its volatility and potential price movement.

The average 1-year target price among brokerages is $64.11.

Yes, CEO Mike Slessor sold 39,606 shares, and insiders sold a total of 73,466 shares in the last three months.

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