FORM - Sell Alert: Sheri Rhodes Cashes Out $746K In FormFactor Stock | Benzinga
On May 8, a recent SEC filing unveiled that Sheri Rhodes, Board Member at FormFactor (NASDAQ:FORM) made an insider sell.
What Happened: Rhodes's recent move involves selling 13,319 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 $746,143.
In the Thursday's morning session, FormFactor's shares are currently trading at $56.14, experiencing a down of 0.0%.
Delving into FormFactor's Background
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 Economic Impact: An Analysis
Revenue Growth: FormFactor's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of ...