GuruFocus - Director Jorge Titinger sold 6,770 shares of FormFactor (NASDAQ:FORM) Inc (NASDAQ:FORM) on August 6, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 12,970 shares of the company.
FormFactor Inc, headquartered in Livermore, California, is a leading provider of essential test and measurement technologies along the full IC life cycle from wafer probe, to board test, and final test. The company's products are used by semiconductor manufacturers to scale production, improve yields, and reduce their time to market.
Over the past year, Jorge Titinger has sold a total of 6,770 shares and has not purchased any shares. The insider transaction history for FormFactor Inc shows a trend with 0 insider buys and 19 insider sells over the past year.
On the date of the recent sale, shares of FormFactor Inc were trading at $41.94, giving the company a market cap of $3.34 billion. The price-earnings ratio of the stock stands at 27.63, which is lower than the industry median of 29.9 and also below the companys historical median.
According to the GF Value, the intrinsic value of FormFactor Inc is estimated at $36.40 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.15.
This insider sell event might interest investors tracking insider behaviors or those analyzing the valuation metrics of FormFactor Inc, considering the company's position in the semiconductor industry and its current valuation relative to historical and industry benchmarks.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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