FormFactor (FORM) CEO Mike Slessor Sells $1.4M of Stock

CEO Mike Slessor sold 11,098 shares of FormFactor, Inc. (NasdaqGS: FORM) on October 14, 2026. The sale was valued at approximately $1.39 million, with shares priced at $125.20 each. This transaction was planned ahead of time.

Slessor's recent sale fits into a pattern, as he also sold 17,510 shares on September 16, 2026. That earlier transaction was valued at about $1.83 million. His current sale could indicate ongoing adjustments to his holdings in the company.

Other Institutional Activity in FormFactor

BlackRock Inc. trimmed its position, selling off 1,763,732 shares, now holding 10,484,409 shares worth about $1.12 billion. Vanguard Portfolio Management LLC reduced its stake by 638,002 shares, ending with 5,242,203 shares valued at approximately $558.9 million. Earnest Partners LLC also decreased its holdings, selling 1,112,047 shares, now owning 3,763,214 shares worth around $401.2 million. State Street Corporation decreased its holdings by 346,696 shares, bringing its total to 2,581,477 shares valued at about $275.2 million. In contrast, Vanguard Capital Management LLC added 42,712 shares, ending with 3,515,254 shares worth roughly $374.8 million.

FormFactor, Inc. Stock Down 10.7%

At the time this article was published, FormFactor shares were trading at $106.86, significantly below its 52-week high of $160.27. The stock's current price suggests it may be considered undervalued, especially with a market cap of about $8.85 billion and a P/E ratio of 78.17.

Recent Earnings

FormFactor reported revenue of $902.2 million, showing a growth rate of 31.9%. The company has a net margin of about 12.8% and an ROE of 10.99%. The next earnings report is scheduled for October 28, 2026.

Analysts Set New Price Targets

On October 5, 2026, Freedom Capital Markets maintained its 'Hold' rating with a price target of $140.00. Deutsche Bank initiated coverage with a 'Buy' rating and a target price of $200.00 on September 30, 2026. TD Cowen maintained its 'Hold' rating with a reduced target of $100.00, while Evercore ISI Group also kept its 'Outperform' rating, adjusting its price target to $150.00.

About FormFactor

FormFactor, Inc. designs and manufactures semiconductor testing equipment, including probe cards and analytical probes. With a global reach, it serves major tech markets and industries, making its stock movements particularly relevant for investors interested in the technology sector.

Bottom Line

Investors should keep an eye on FormFactor's upcoming earnings on October 28, 2026, and further insider activity as well as institutional trading trends. The recent sales by Slessor and other insiders highlight shifting dynamics within the company's management. Remember, the 13F filings reflect past holdings and may not show current positions.