PDF Solutions, Inc. (NASDAQ:PDFS)’s share price shot up 5.4% during trading on Friday . The stock traded as high as $18.17 and last traded at $16.72. 1,528,200 shares traded hands during trading, an increase of 733% from the average session volume of 183,406 shares. The stock had previously closed at $15.86.

Several brokerages have recently commented on PDFS. ValuEngine raised shares of PDF Solutions from a “sell” rating to a “hold” rating in a research note on Saturday. BidaskClub downgraded shares of PDF Solutions from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Northland Securities set a $22.00 price objective on shares of PDF Solutions and gave the company a “hold” rating in a research note on Sunday, July 30th. Finally, Zacks Investment Research downgraded shares of PDF Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $20.00.

The firm has a market cap of $534.16, a P/E ratio of 119.43, a P/E/G ratio of 26.13 and a beta of 1.38.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings data on Thursday, October 26th. The technology company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.01). The firm had revenue of $26.50 million for the quarter, compared to the consensus estimate of $26.67 million. PDF Solutions had a net margin of 4.08% and a return on equity of 2.10%. The business’s revenue was down 2.9% on a year-over-year basis. During the same period last year, the company posted $0.17 earnings per share. analysts forecast that PDF Solutions, Inc. will post 0.04 EPS for the current fiscal year.

Several large investors have recently modified their holdings of the company. Bamco Inc. NY bought a new position in shares of PDF Solutions during the third quarter valued at about $2,564,000. Granahan Investment Management Inc. MA increased its position in shares of PDF Solutions by 4.5% during the third quarter. Granahan Investment Management Inc. MA now owns 712,449 shares of the technology company’s stock valued at $11,036,000 after buying an additional 30,751 shares during the period. Royce & Associates LP increased its position in shares of PDF Solutions by 41.3% during the third quarter. Royce & Associates LP now owns 384,000 shares of the technology company’s stock valued at $5,948,000 after buying an additional 112,200 shares during the period. Dimensional Fund Advisors LP increased its position in shares of PDF Solutions by 4.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,335,084 shares of the technology company’s stock valued at $20,680,000 after buying an additional 52,067 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its position in shares of PDF Solutions by 5.3% during the third quarter. Schwab Charles Investment Management Inc. now owns 117,798 shares of the technology company’s stock valued at $1,825,000 after buying an additional 5,954 shares during the period. 83.24% of the stock is owned by hedge funds and other institutional investors.

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PDF Solutions Company Profile

PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.

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