PDF Solutions (NASDAQ:PDFS) Director Sells $77,256.47 in Stock

PDF Solutions, Inc. (NASDAQ:PDFS) Director Shuo Zhang sold 1,501 shares of PDF Solutions stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $51.47, for a total value of $77,256.47. Following the completion of the sale, the director owned 23,380 shares in the company, valued at $1,203,368.60. This represents a 6.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

PDF Solutions Stock Performance

Shares of PDF Solutions stock opened at $50.90 on Friday. The firm has a market cap of $2.03 billion, a PE ratio of 203.60 and a beta of 1.67. 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 52 week low of $18.56 and a 52 week high of $71.68. The business’s fifty day simple moving average is $55.54 and its 200-day simple moving average is $44.50.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%. Equities analysts forecast that PDF Solutions, Inc. will post 0.69 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PDFS. BlackRock Inc. acquired a new stake in PDF Solutions during the 2nd quarter worth approximately $392,908,000. Wasatch Advisors LP grew its stake in shares of PDF Solutions by 171.9% in the second quarter. Wasatch Advisors LP now owns 1,380,739 shares of the technology company’s stock worth $97,743,000 after acquiring an additional 873,002 shares in the last quarter. William Blair Investment Management LLC grew its stake in shares of PDF Solutions by 0.7% in the fourth quarter. William Blair Investment Management LLC now owns 1,358,481 shares of the technology company’s stock worth $38,757,000 after acquiring an additional 9,040 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of PDF Solutions during the second quarter worth $93,416,000. Finally, Ranger Investment Management L.P. increased its position in shares of PDF Solutions by 9.4% during the first quarter. Ranger Investment Management L.P. now owns 1,279,630 shares of the technology company’s stock worth $41,857,000 after acquiring an additional 109,616 shares during the period. Institutional investors and hedge funds own 79.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on PDFS shares. Sanford C. Bernstein initiated coverage on shares of PDF Solutions in a research note on Tuesday. They issued an “outperform” rating and a $65.00 price target on the stock. Wall Street Zen lowered PDF Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Rosenblatt Securities restated a “buy” rating and set a $63.00 price target on shares of PDF Solutions in a research report on Friday, August 7th. DA Davidson reaffirmed a “buy” rating and issued a $56.00 price objective on shares of PDF Solutions in a research note on Monday, May 18th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of PDF Solutions in a report on Friday, August 7th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $58.50.

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.