FARO FARO Technologies Inc.

FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional (3D) measurement, imaging, and realization solutions worldwide. It operates through three segments: 3D Manufacturing, Construction BIM, and Emerging Verticals. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurately position components; and FARO Focus laser scanner to measure and collect a cloud of data points. In addition, the company offers FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a family of computer-aided design-based measurement and laser scanner software. FARO Technologies, Inc. offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

Date	Price Target	Rating	Analyst
8/3/2023	$26.00	Hold → Buy	Craig Hallum
4/28/2022	$74.00 → $40.00	Buy → Hold	Craig Hallum
2/17/2022	$77.00 → $72.00	Buy	Needham
10/7/2021	$77.00	Hold → Buy	Needham

FARO Technologies Inc.

Recent Analyst Ratings for FARO Technologies Inc.

FARO Technologies Inc. Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Chin Moonhie was granted 4,212 shares, increasing direct ownership by 15% to 33,010 units (SEC Form 4)

Director Wasserman Yuval was granted 4,167 shares, increasing direct ownership by 3% to 157,679 units (SEC Form 4)

Director Van Rotterdam Jeroen was granted 4,167 shares, increasing direct ownership by 10% to 43,920 units (SEC Form 4)

Director Ramanathan Rajani was granted 4,167 shares, increasing direct ownership by 17% to 29,304 units (SEC Form 4)

Director Davern Alexander M was granted 4,167 shares, increasing direct ownership by 4% to 123,010 units (SEC Form 4)

Director Donofrio John was granted 4,167 shares, increasing direct ownership by 6% to 68,503 units (SEC Form 4)

SVP & Chief Financial Officer Horwath Matthew sold $4,714 worth of shares (166 units at $28.40), decreasing direct ownership by 0.42% to 39,264 units (SEC Form 4)

SVP & Chief Financial Officer Horwath Matthew sold $43,364 worth of shares (1,480 units at $29.30), decreasing direct ownership by 4% to 39,430 units (SEC Form 4)

President and CEO Lau Peter James sold $135,278 worth of shares (4,617 units at $29.30), decreasing direct ownership by 3% to 160,076 units (SEC Form 4)

SVP & Chief Financial Officer Horwath Matthew sold $13,447 worth of shares (439 units at $30.63), decreasing direct ownership by 1% to 40,910 units (SEC Form 4)