Shuo Zhang Sells 1,501 Shares of PDF Solutions (NASDAQ:PDFS) Stock

PDF Solutions, Inc. (NASDAQ:PDFS) Director Shuo Zhang sold 1,501 shares of the firm’s stock in a transaction 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 completion of the transaction, the director directly owned 23,380 shares of the company’s stock, valued at $1,203,368.60. The trade was a 6.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

PDF Solutions Stock Performance

NASDAQ:PDFS opened at $50.35 on Friday. The business’s fifty day moving average is $55.55 and its 200 day moving average is $44.46. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 201.40 and a beta of 1.67. 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, Inc. has a 52-week low of $18.56 and a 52-week high of $71.68.

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, 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. Research analysts predict that PDF Solutions, Inc. will post 0.69 EPS for the current year.

Hedge Funds Weigh In On PDF Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its position in shares of PDF Solutions by 40.9% during the 1st quarter. Royal Bank of Canada now owns 19,092 shares of the technology company’s stock valued at $365,000 after buying an additional 5,540 shares in the last quarter. Amundi grew its position in PDF Solutions by 117,205.9% in the first quarter. Amundi now owns 19,942 shares of the technology company’s stock worth $381,000 after acquiring an additional 19,925 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in PDF Solutions by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock worth $353,000 after acquiring an additional 753 shares in the last quarter. Jane Street Group LLC increased its stake in PDF Solutions by 113.6% in the first quarter. Jane Street Group LLC now owns 60,883 shares of the technology company’s stock valued at $1,163,000 after acquiring an additional 32,383 shares during the last quarter. Finally, Strs Ohio bought a new position in PDF Solutions in the first quarter valued at $105,000. Hedge funds and other institutional investors own 79.51% of the company’s stock.

Analysts Set New Price Targets

PDFS has been the subject of several analyst reports. Wall Street Zen downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $63.00 price target on shares of PDF Solutions in a report on Friday, August 7th. Sanford C. Bernstein began coverage on PDF Solutions in a research report on Tuesday. They issued an “outperform” rating and a $65.00 price objective on the stock. DA Davidson reissued a “buy” rating and set a $56.00 price objective on shares of PDF Solutions in a research note on Monday, May 18th. Finally, Wells Fargo & Company started coverage on PDF Solutions in a research report on Tuesday, August 4th. They set an “equal weight” rating and a $50.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, PDF Solutions currently has a consensus rating of “Hold” and an average target price of $58.50.

About PDF Solutions

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.