formfactor, inc. (nasdaq:form), is a leading provider of essential test and measurement technologies along the full ic life cycle –from characterization, modeling, reliability, and design de-bug, to qualification and production test. semiconductor companies rely upon formfactor’sproducts and services to accelerate profitability by optimizing device performance and advancing yield knowledge. the company serves customers through its network of facilities in asia, europe, and north america. for more information, visit the company’s website at www.formfactor.com.
Company profile
Ticker
FORM
Exchange
Website
CEO
Michael Slessor
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
FormFactor International, Inc. • FormFactor, K.K. • FormFactor Korea, Inc. • FormFactor Singapore Pte. Ltd. • Microprobe HongKong Limited • FormFactor Technology (Suzhou) Co. Ltd. • FormFactor GmbH • Cascade Microtech Singapore Pte, Ltd • FormFactor International • Advanced Temperature Test Systems GmbH ...
IRS number
133711155
FORM stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
1 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
8-K
Departure of Directors or Certain Officers
21 Mar 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Results of Operations and Financial Condition
7 Feb 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Results of Operations and Financial Condition
1 Nov 23
8-K
Other Events
1 Nov 23
8-K
Camtek to Acquire FormFactor's FRT Metrology Business
18 Sep 23
S-8
Registration of securities for employees
8 Aug 23
Transcripts
FORM
Earnings call transcript
2023 Q4
7 Feb 24
FORM
Earnings call transcript
2023 Q3
1 Nov 23
FORM
Earnings call transcript
2023 Q2
2 Aug 23
FORM
Earnings call transcript
2023 Q1
3 May 23
FORM
Earnings call transcript
2022 Q4
8 Feb 23
FORM
Earnings call transcript
2022 Q3
27 Oct 22
FORM
Earnings call transcript
2022 Q2
28 Jul 22
FORM
Earnings call transcript
2022 Q1
28 Apr 22
FORM
Earnings call transcript
2021 Q4
3 Feb 22
FORM
Earnings call transcript
2021 Q3
28 Oct 21
Latest ownership filings
4
MIKE SLESSOR
2 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
4
KEVIN J BREWER
21 Mar 24
3
KEVIN J BREWER
21 Mar 24
4
Shai Shahar
5 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
4
MIKE SLESSOR
4 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
4/A
MIKE SLESSOR
23 Feb 24
4
MIKE SLESSOR
15 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jul 23 | Apr 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 113.71 mm | 113.71 mm | 113.71 mm | 113.71 mm | 113.71 mm | 113.71 mm |
Cash burn (monthly) | (no burn) | 833.08 k | (no burn) | 892.50 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | 5.74 mm | n/a | 6.15 mm | n/a | n/a |
Cash remaining | n/a | 107.97 mm | n/a | 107.56 mm | n/a | n/a |
Runway (months of cash) | n/a | 129.6 | n/a | 120.5 | n/a | n/a |
Institutional ownership, Q3 2023
97.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 228 |
Opened positions | 28 |
Closed positions | 31 |
Increased positions | 76 |
Reduced positions | 83 |
13F shares | Current |
---|---|
Total value | 2.62 tn |
Total shares | 75.16 mm |
Total puts | 1.00 k |
Total calls | 16.10 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 12.18 mm | $425.53 bn |
Vanguard | 9.76 mm | $341.01 bn |
Earnest Partners | 6.45 mm | $225.39 bn |
Alliancebernstein | 3.67 mm | $128.37 bn |
Primecap Management | 3.04 mm | $106.13 bn |
STT State Street | 2.86 mm | $99.85 bn |
Dimensional Fund Advisors | 2.79 mm | $97.43 bn |
BAC Bank Of America | 2.57 mm | $89.84 bn |
Royce & Associates | 2.51 mm | $87.85 bn |
Geode Capital Management | 1.73 mm | $60.42 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Mike Slessor | Common Stock | Sell | Dispose S | No | Yes | 45.9387 | 4,000 | 183.75 k | 495,781 |
19 Mar 24 | Kevin J Brewer | Common Stock | Grant | Acquire A | No | No | 0 | 749 | 0.00 | 749 |
4 Mar 24 | Shahar Shai | Common Stock | Sell | Dispose S | No | No | 44.5122 | 10,000 | 445.12 k | 27,591 |
4 Mar 24 | Shahar Shai | RSU Common Stock | Grant | Acquire A | No | No | 0 | 29,550 | 0.00 | 29,550 |
1 Mar 24 | Mike Slessor | Common Stock | Sell | Dispose S | No | Yes | 43.3795 | 4,000 | 173.52 k | 499,781 |
1 Mar 24 | Mike Slessor | RSU Common Stock | Grant | Acquire A | No | No | 0 | 59,080 | 0.00 | 59,080 |
News
Evercore ISI Group Initiates Coverage On FormFactor with In-Line Rating, Announces Price Target of $50
16 Apr 24
Needham Reiterates Buy on FormFactor, Maintains $46 Price Target
8 Feb 24
FormFactor: Q4 Earnings Insights
7 Feb 24
FormFactor Q4 2023 Adj EPS $0.20 Misses $0.22 Estimate, Sales $168.16M Beat $165.29M Estimate
7 Feb 24
Earnings Scheduled For February 7, 2024
7 Feb 24
Press releases
FormFactor to Announce First Quarter 2024 Financial Results on May 1st
10 Apr 24
FormFactor Appoints New Board Member
21 Mar 24
FormFactor and Tabor Electronics Collaborate to Demonstrate a Full Stack 5-Qubit Quantum Computer, Powered by QuantWare
29 Feb 24
FormFactor, Inc. Reports 2023 Fourth Quarter And Fiscal 2023 Results
7 Feb 24