Formfactor Inc (FORM) Files Form 4 Insider Selling : Dennis Thomas St Sells 20,297 Shares

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Formfactor Inc (FORM): Dennis Thomas St , director of Formfactor Inc sold 20,297 shares on Feb 22, 2017. The Insider selling transaction was reported by the company on Feb 24, 2017 to the Securities and Exchange Commission. The shares were sold at $11.49 per share for a total value of $237,072.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 21, 2017, Dennis Thomas St (director) sold 196,682 shares at $11.89 per share price.On Nov 2, 2016, Raymond A Link (director) purchased 2,000 shares at $8.95 per share price.Also, On Aug 23, 2016, Richard Delateur (director) sold 10,000 shares at $10.74 per share price.On Jun 2, 2016, Mike Slessor (CEO) sold 3,401 shares at $7.33 per share price.

Shares of FormFactor (FORM) ended Wednesday, Feb 22, 2017 session in red amid volatile trading. The shares closed down -0.1 points or -0.84% at $11.75 with 3,93,813 shares getting traded. Post opening the session at $11.9, the shares hit an intraday low of $11.4 and an intraday high of $11.9 and the price vacillated in this range throughout the day. The company has a market cap of $831 M and the number of outstanding shares has been calculated to be 7,07,49,569 shares. The 52-week high of FormFactor is $13.15 and the 52-week low is $6.48.

FormFactor Money Flow Index Chart

FormFactor Inc. designs develops manufactures sells and supports semiconductor probe card products. The Company is the supplier of probe cards to manufacturers of DRAM Flash and SoCs products across the world. Semiconductor manufacturers use its probe cards to perform wafer test (also known as wafer sort) which is the testing of the semiconductor die or chips. Its products are based on its technologies including its micro-electromechanical systems (MEMS) technologies its automation systems its various product architectures and its design tools. The applications of these products include customer collaboration consumer integrated circuits (ICs) mobile ICs automative ICs computing ICs and publications. The Company operates under the brands FormFactor the FormFactor logo Apollo ATRE DC-Boost Matrix MicroProbe the MicroProbe logo MicroSpring Mx-FinePitch OneTouch QiLin RapidSoak SmartMatrix SMART Matrix 100 TouchMatrix Takumi and TrueScale Lite among others.

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Joseph Blanchard

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