Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. FormFactor Inc shares valued at $120,047 were sold by STEVEN-WAISS KELLEY on Mar 05 ’25. At $31.02 per share, STEVEN-WAISS KELLEY sold 3,870 shares. The insider’s holdings dropped to 32,551 shares worth approximately $1.0 million following the completion of this transaction.
Also, STEVEN-WAISS KELLEY purchased 3,870 shares, netting a total of over 120,047 in proceeds.
Before that, SLESSOR MIKE had sold 4,000 shares from its account. In a trade valued at $132,200, the CEO traded FormFactor Inc shares for $33.05 each. Upon closing the transaction, the insider’s holdings decreased to 4,000 shares, worth approximately $15.86 million.
As published in a research note from B. Riley Securities on February 06, 2025, FormFactor Inc [FORM] has been rated down from a Buy to a Neutral and the price target has been revised to $34 from $64. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid January. As of January 06, 2025, Citigroup has increased its “Neutral” rating to a “Buy” for FORM. Earlier on October 31, 2024, TD Cowen resumed its rating. Their recommendation was “a Hold” for FORM stock.
Analyzing FORM Stock Performance
During the last five days, there has been a drop of approximately -3.99%. Over the course of the year, FormFactor Inc shares have dropped approximately -30.50%. Shares of the company reached a 52-week high of $48.69 on 01/07/25 and a 52-week low of $30.22 on 03/11/25. A 50-day SMA is recorded $38.41, while a 200-day SMA reached $45.72.
Support And Resistance Levels for FormFactor Inc (FORM)
According to the 24-hour chart, there is a support level at 30.19, which, if violated, would cause prices to drop to 29.80. In the upper region, resistance lies at 31.09. The next price resistance is at 31.61. RSI (Relative Strength Index) is 30.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.77, which suggests the price will decrease in the coming days. Percent R is at 93.70%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
