Mike Slessor, an insider at FormFactor Inc (FORM), sold 536,934 shares of the company on November 18, 2025, at a price of $49.65 per share, resulting in a total transaction value of $26.66 million. Following this sale, Slessor retains 536,934 shares of FormFactor.
This transaction underscores the complex nature of insider selling, which can stem from various motivations such as diversification, tax planning, or personal financial needs. While significant selling activity may attract attention, it is essential to note that routine sales by insiders do not inherently reflect negative sentiment towards the company.
Insider transactions, which must be reported to the SEC, provide a level of transparency regarding executives' views on their company's stock. However, investors should consider these transactions as part of a broader analysis that includes other fundamental and technical factors. Examining patterns of insider activity across multiple individuals and time periods can yield a more comprehensive understanding than focusing on isolated transactions.
FormFactor, headquartered in Livermore, California, operates within the semiconductor industry and provides test and measurement solutions. The company, which employs 2,238 full-time staff, offers a range of high-performance probe cards and systems, serving both semiconductor companies and scientific institutions. As of November 20, 2025, FormFactor's market capitalisation stands at $4.1 billion, with a P/E ratio of 100.16 and an EPS of 0.53. Upcoming earnings reports are anticipated on April 28, 2026, and July 28, 2026, with estimated EPS of $0.31 and $0.38, respectively, and revenues of $205.7 million and $217.1 million.
Such decisions reflect the multifaceted nature of insider trading and its implications for stakeholders.