PDF Solutions (NASDAQ:PDFS) Shares Down 7% – Time to Sell?

PDF Solutions, Inc. (NASDAQ:PDFS) traded down 7% on Monday . The company traded as low as $31.30 and last traded at $31.1050. 44,107 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 321,034 shares. The stock had previously closed at $33.46.

Analyst Ratings Changes

Several analysts recently issued reports on the company. DA Davidson lifted their target price on PDF Solutions from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Rosenblatt Securities reaffirmed a “buy” rating and set a $34.00 price objective on shares of PDF Solutions in a report on Monday, February 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of PDF Solutions in a research report on Friday. Finally, Wall Street Zen raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, PDF Solutions has an average rating of “Hold” and a consensus price target of $37.00.

PDF Solutions Stock Down 8.0%

The business has a 50-day moving average of $32.89 and a 200 day moving average of $29.40. The company has a market capitalization of $1.23 billion, a PE ratio of -1,538.65 and a beta of 1.55. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.28 and a quick ratio of 2.28.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.06. The business had revenue of $62.40 million during the quarter, compared to analysts’ expectations of $61.95 million. PDF Solutions had a positive return on equity of 4.86% and a negative net margin of 0.29%. Equities research analysts predict that PDF Solutions, Inc. will post 0.32 earnings per share for the current year.

Institutional Investors Weigh In On PDF Solutions

A number of hedge funds have recently bought and sold shares of the business. UMB Bank n.a. lifted its position in PDF Solutions by 138.9% during the third quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after purchasing an additional 553 shares during the last quarter. Hantz Financial Services Inc. grew its stake in shares of PDF Solutions by 122.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after buying an additional 615 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of PDF Solutions in the 4th quarter worth about $82,000. Johnson Financial Group Inc. bought a new stake in shares of PDF Solutions in the 3rd quarter worth about $83,000. Finally, Tower Research Capital LLC TRC raised its position in shares of PDF Solutions by 257.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock valued at $73,000 after buying an additional 2,442 shares in the last quarter. 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.