PDF Solutions (NASDAQ:PDFS) CTO Andrzej Strojwas Sells 3,394 Shares

PDF Solutions, Inc. (NASDAQ:PDFS) CTO Andrzej Strojwas sold 3,394 shares of the stock in a transaction 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 transaction, the chief technology officer directly owned 90,965 shares in the company, valued at $4,039,755.65. This trade represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

PDF Solutions Stock Down 6.0%

Shares of NASDAQ:PDFS opened at $41.79 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.45 and a current ratio of 3.45. The stock has a market capitalization of $1.67 billion, a P/E ratio of 167.16 and a beta of 1.64. The stock has a 50-day simple moving average of $51.59 and a 200-day simple moving average of $45.81. PDF Solutions, Inc. has a 1 year low of $18.93 and a 1 year high of $71.68.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $61.53 million for the quarter, compared to analyst estimates 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 0.77 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on PDFS shares. Rosenblatt Securities reissued a “buy” rating and issued a $63.00 price objective on shares of PDF Solutions in a report on Friday, August 7th. Sanford C. Bernstein started coverage on PDF Solutions in a report on Tuesday, August 11th. They issued an “outperform” rating and a $65.00 price target for the company. 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 price target on the stock. Wall Street Zen cut PDF Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings upgraded shares of PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $63.00.

Institutional Investors Weigh In On PDF Solutions

Several large investors have recently modified their holdings of the stock. Deutsche Bank AG purchased a new stake in shares of PDF Solutions in the second quarter valued at $9,382,000. Janus Henderson Group PLC raised its holdings in shares of PDF Solutions by 13.5% during the 1st quarter. Janus Henderson Group PLC now owns 1,035,666 shares of the technology company’s stock valued at $33,877,000 after purchasing an additional 123,531 shares in the last quarter. Sei Investments Co. lifted its position in shares of PDF Solutions by 114.2% in the first quarter. Sei Investments Co. now owns 90,393 shares of the technology company’s stock worth $2,957,000 after buying an additional 48,184 shares during the last quarter. Arete Wealth Advisors LLC bought a new stake in PDF Solutions during the first quarter worth approximately $985,000. Finally, William Blair Investment Management LLC bought a new stake in shares of PDF Solutions during the 2nd quarter worth $39,234,000. 79.51% of the stock is owned by institutional investors.

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.