PDF Solutions (NASDAQ:PDFS) Reaches New 12-Month Low – What’s Next?

PDF Solutions, Inc. (NASDAQ:PDFS)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $21.69 and last traded at $22.01, with a volume of 358871 shares traded. The stock had previously closed at $22.02.

Analyst Upgrades and Downgrades

A number of research firms recently commented on PDFS. Rosenblatt Securities decreased their target price on shares of PDF Solutions from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, February 14th. Northland Securities reaffirmed an “outperform” rating and set a $45.00 price target on shares of PDF Solutions in a research report on Tuesday, December 24th. Finally, StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th.

PDF Solutions Trading Down 6.3 %

The stock has a market capitalization of $892.10 million, a PE ratio of 230.10 and a beta of 1.52. The company’s 50-day moving average is $27.47 and its 200 day moving average is $29.41.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, February 13th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.15). The company had revenue of $50.09 million for the quarter, compared to analyst estimates of $49.40 million. PDF Solutions had a return on equity of 3.94% and a net margin of 2.26%. Sell-side analysts forecast that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal year.

Insider Activity

In related news, insider Andrzej Strojwas sold 5,030 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $30.85, for a total transaction of $155,175.50. Following the completion of the transaction, the insider now owns 94,717 shares of the company’s stock, valued at $2,922,019.45. This trade represents a 5.04 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Nancy Erba sold 2,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total transaction of $61,620.00. Following the transaction, the director now owns 13,739 shares of the company’s stock, valued at $423,298.59. This represents a 12.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 11.13% of the company’s stock.

Hedge Funds Weigh In On PDF Solutions

A number of institutional investors have recently modified their holdings of PDFS. Meeder Asset Management Inc. acquired a new stake in PDF Solutions during the third quarter worth about $37,000. KBC Group NV boosted its position in PDF Solutions by 91.6% in the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock worth $54,000 after purchasing an additional 956 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in shares of PDF Solutions by 34.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock worth $65,000 after purchasing an additional 526 shares during the period. Aquatic Capital Management LLC acquired a new stake in shares of PDF Solutions during the 4th quarter worth approximately $136,000. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of PDF Solutions during the 4th quarter valued at approximately $160,000. Hedge funds and other institutional investors own 79.51% of the company’s stock.

About PDF Solutions

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.