FormFactor Inc’s filing revealed that its Director St Dennis Thomas unloaded Company’s shares for reported $0.12 million on Nov 05 ’24. In the deal valued at $39.11 per share,3,100 shares were sold. As a result of this transaction, St Dennis Thomas now holds 37,429 shares worth roughly $1.55 million.
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Then, St Dennis Thomas bought 3,100 shares, generating $121,233 in total proceeds.
Before that, SLESSOR MIKE sold 4,000 shares. FormFactor Inc shares valued at $155,249 were divested by the CEO at a price of $38.81 per share. As a result of the transaction, SLESSOR MIKE now holds 526,276 shares, worth roughly $21.75 million.
TD Cowen reiterated its FormFactor Inc [FORM] rating to a Hold in a research note published on October 31, 2024; the price target was $44. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Hold”‘ rating for it. TD Cowen also remained covering FORM and reiterated its “Hold” recommendation on May 02, 2024. Evercore ISI started covering the stock on April 16, 2024. It rated FORM as “an In-line”.
Price Performance Review of FORM
On Friday, FormFactor Inc [NASDAQ:FORM] saw its stock jump 1.35% to $41.33. Over the last five days, the stock has gained 9.34%. FormFactor Inc shares have fallen nearly -0.91% since the year began. Nevertheless, the stocks have risen 8.79% over the past one year. While a 52-week high of $63.62 was reached on 07/08/24, a 52-week low of $36.11 was recorded on 01/05/24. SMA at 50 days reached $43.21, while 200 days put it at $48.05.
Levels Of Support And Resistance For FORM Stock
The 24-hour chart illustrates a support level at 40.68, which if violated will result in even more drops to 40.02. On the upside, there is a resistance level at 41.73. A further resistance level may holdings at 42.14. The Relative Strength Index (RSI) on the 14-day chart is 49.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.70%. Stochastics %K at 51.82% indicates the stock is a holding.
How much short interest is there in FormFactor Inc?
A steep rise in short interest was recorded in FormFactor Inc stocks on 2024-10-31, growing by 0.2 million shares to a total of 2.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.08 million shares. There was a rise of 8.74%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 08, 2024 when TD Cowen resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $37.
