FORM - Insider Selling: Rebeca Obregon-Jimenez Unloads $278K Of FormFactor Stock | Benzinga
Disclosed on May 29, Rebeca Obregon-Jimenez, Director at FormFactor (NASDAQ:FORM), executed a substantial insider sell as per the latest SEC filing.
What Happened: Obregon-Jimenez's recent move involves selling 4,833 shares of FormFactor. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value is $278,328.
The latest update on Thursday morning shows FormFactor shares up by 0.14%, trading at $56.6.
All You Need to Know About FormFactor
FormFactor Inc designs, develops, manufactures, sells, and supports semiconductor probe card products. The company operates in two reportable segments namely Probe Cards Segment and the Systems Segment. Sales of probe cards and analytical probes are included in the Probe Cards Segment, while sales of probe stations and thermal sub-systems are included in the Systems Segment. Probe cards generate the maximum revenue from its operations. It offers multiple product lines which include analytical probes, probe stations, thermal sub-systems, and related services.
FormFactor's Financial Performance
Revenue Growth: FormFactor displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 0.76%. This indicates a notable increase ...