Insider Selling: PDF Solutions (NASDAQ:PDFS) CTO Sells $150,727.54 in Stock

PDF Solutions, Inc. (NASDAQ:PDFS) CTO Andrzej Strojwas sold 3,394 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $44.41, for a total value of $150,727.54. Following the completion of the sale, the chief technology officer directly owned 90,965 shares of the company’s stock, valued at approximately $4,039,755.65. This trade represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

PDF Solutions Stock Up 3.4%

PDFS stock opened at $43.46 on Friday. The firm has a market capitalization of $1.73 billion, a PE ratio of 173.84 and a beta of 1.64. The company has a quick ratio of 3.45, a current ratio of 3.45 and a debt-to-equity ratio of 0.17. PDF Solutions, Inc. has a twelve month low of $19.07 and a twelve month high of $71.68. The stock’s 50 day moving average is $50.66 and its 200-day moving average is $45.94.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%.The business had revenue of $61.53 million during the quarter, compared to analyst estimates of $61.17 million. Sell-side analysts expect that PDF Solutions, Inc. will post 0.77 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. DA Davidson set a $74.00 price target on shares of PDF Solutions in a research report on Monday, August 17th. Weiss Ratings raised shares of PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Wall Street Zen lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Sanford C. Bernstein started coverage on shares of PDF Solutions in a research report on Tuesday, August 11th. They set an “outperform” rating and a $65.00 target price on the stock. Finally, Rosenblatt Securities restated a “buy” rating and issued a $63.00 target price on shares of PDF Solutions in a research note on Friday, August 7th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $63.00.

Hedge Funds Weigh In On PDF Solutions

Institutional investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP purchased a new stake in PDF Solutions during the second quarter worth about $33,000. Hantz Financial Services Inc. boosted its stake in PDF Solutions by 122.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock valued at $32,000 after acquiring an additional 615 shares during the last quarter. Meeder Asset Management Inc. bought a new position in shares of PDF Solutions during the 2nd quarter valued at approximately $44,000. State of Wyoming grew its position in shares of PDF Solutions by 4.5% during the 2nd quarter. State of Wyoming now owns 15,447 shares of the technology company’s stock valued at $330,000 after acquiring an additional 668 shares during the period. Finally, Bell Investment Advisors Inc purchased a new stake in shares of PDF Solutions during the 2nd quarter worth approximately $49,000. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Company Profile

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.