FormFactor Inc’s filing revealed that its Officer MIKE SLESSOR acquired Company’s shares for reported $0.13 million on Mar 03 ’25. In the deal valued at $33.05 per share,4,000 shares were bought.
Then, SLESSOR MIKE sold 4,000 shares, generating $155,936 in total proceeds. Upon selling the shares at $38.98, the CEO now owns 518,531 shares.
Before that, MIKE SLESSOR bought 4,000 shares. FormFactor Inc shares valued at $155,952 were divested by the Officer at a price of $38.99 per share.
B. Riley Securities downgraded its FormFactor Inc [FORM] rating to a Neutral from a a Buy in a research note published on February 06, 2025; the price target was decreased to $34 from $64. A number of analysts have revised their coverage, including Needham’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Hold”. Citigroup also remained covering FORM and has increased its forecast on January 06, 2025 with a “Buy” recommendation from previously “Neutral” rating. TD Cowen maintained its rating on October 31, 2024. It rated FORM as “a Hold”.
Price Performance Review of FORM
On Monday, FormFactor Inc [NASDAQ:FORM] saw its stock fall -5.53% to $31.46. Over the last five days, the stock has lost -9.10%. FormFactor Inc shares have fallen nearly -28.50% since the year began. Nevertheless, the stocks have fallen -24.27% over the past one year. While a 52-week high of $63.62 was reached on 01/07/25, a 52-week low of $32.46 was recorded on 03/03/25. SMA at 50 days reached $40.55, while 200 days put it at $46.72.
Levels Of Support And Resistance For FORM Stock
The 24-hour chart illustrates a support level at 30.63, which if violated will result in even more drops to 29.80. On the upside, there is a resistance level at 33.01. A further resistance level may holdings at 34.56. The Relative Strength Index (RSI) on the 14-day chart is 27.59, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.55%. Stochastics %K at 5.14% indicates the stock is a buying.
The most recent change occurred on August 01, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $60.
