PDF Solutions, Inc. (NASDAQ:PDFS) Given Average Recommendation of “Moderate Buy” by Analysts

PDF Solutions, Inc. (NASDAQ:PDFS) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $63.00.

Several research analysts have commented on the stock. DA Davidson set a $74.00 price objective on shares of PDF Solutions in a research note on Monday, August 17th. Rosenblatt Securities reissued a “buy” rating and issued a $63.00 target price on shares of PDF Solutions in a research note on Friday, August 7th. Wall Street Zen lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Sanford C. Bernstein initiated coverage on shares of PDF Solutions in a research note on Tuesday, August 11th. They set an “outperform” rating and a $65.00 price target for the company. Finally, 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.

PDF Solutions Stock Up 5.0%

NASDAQ PDFS opened at $45.65 on Friday. PDF Solutions has a one year low of $19.17 and a one year high of $71.68. The company has a market capitalization of $1.82 billion, a P/E ratio of 182.60 and a beta of 1.64. The stock has a 50 day moving average price of $50.31 and a 200-day moving average price of $45.94. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.45 and a current ratio of 3.45.

PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, August 6th. The technology company reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $61.53 million for the quarter, compared to the consensus estimate of $61.17 million. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. As a group, equities analysts predict that PDF Solutions will post 0.77 EPS for the current fiscal year.

Insider Activity at PDF Solutions

In other news, Director Shuo Zhang sold 1,501 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $51.47, for a total value of $77,256.47. Following the sale, the director directly owned 23,380 shares in the company, valued at approximately $1,203,368.60. This represents a 6.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Andrzej Strojwas sold 3,394 shares of the firm’s 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 sale, the chief technology officer directly owned 90,965 shares of the company’s stock, valued at $4,039,755.65. This represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 11.08% of the stock is owned by insiders.

Institutional Trading of PDF Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of PDFS. Royal Bank of Canada boosted its stake in shares of PDF Solutions by 40.9% during the first quarter. Royal Bank of Canada now owns 19,092 shares of the technology company’s stock valued at $365,000 after purchasing an additional 5,540 shares during the period. Amundi increased its stake in PDF Solutions by 117,205.9% in the 1st quarter. Amundi now owns 19,942 shares of the technology company’s stock worth $381,000 after buying an additional 19,925 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in PDF Solutions by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock worth $353,000 after buying an additional 753 shares during the period. Jane Street Group LLC lifted its holdings in PDF Solutions by 113.6% during the 1st quarter. Jane Street Group LLC now owns 60,883 shares of the technology company’s stock valued at $1,163,000 after buying an additional 32,383 shares in the last quarter. Finally, Strs Ohio purchased a new stake in PDF Solutions in the 1st quarter valued at about $105,000. Hedge funds and other 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.