Steven-Waiss Kelley, an insider at FormFactor Inc (FORM), has sold 35,479 shares of the company's stock at a price of $30.43 per share, amounting to a total transaction value of $1.08 million. This sale occurred on September 11, 2025, leaving Kelley with 35,479 shares still held in the company.
FormFactor, headquartered in Livermore, California, provides test and measurement solutions in the semiconductor industry. The company operates in two segments: Probe Cards, which includes sales of probe cards and analytical probes, and Systems, comprising probe stations, thermal systems, and cryogenic systems. With a market capitalization of $4.1 billion and a P/E ratio of 100.16, FormFactor continues to serve a diverse clientele, including semiconductor companies and scientific institutions.
Insider selling can stem from various motivations, such as diversification, tax planning, or personal financial needs. While significant selling activity can attract attention, it does not inherently signal negative sentiment towards the company. Investors are encouraged to consider insider transactions as one data point among many when evaluating a company's performance and outlook.
The upcoming earnings report for FormFactor is scheduled for July 28, 2026, with an estimated EPS of $0.38 and projected revenue of $217.1 million. Such financial indicators will provide further insight into the company's trajectory and market position.