PDF Solutions (NASDAQ:PDFS) Hits New 12-Month Low – Should You Sell?

PDF Solutions, Inc. (NASDAQ:PDFS)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $20.10 and last traded at $20.42, with a volume of 8490 shares. The stock had previously closed at $20.47.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on PDFS. Northland Securities restated an “outperform” rating and issued a $45.00 price objective on shares of PDF Solutions in a report on Tuesday, December 24th. Rosenblatt Securities decreased their price target on PDF Solutions from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, February 14th.

PDF Solutions Stock Down 3.8 %

The business’s 50 day simple moving average is $23.97 and its 200 day simple moving average is $27.76. The stock has a market cap of $754.12 million, a price-to-earnings ratio of 192.80 and a beta of 1.59.

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

Insider Transactions at PDF Solutions

In other news, Director Michael B. Gustafson acquired 4,000 shares of PDF Solutions stock in a transaction dated Monday, February 24th. The stock was bought at an average price of $23.06 per share, for a total transaction of $92,240.00. Following the completion of the acquisition, the director now directly owns 22,574 shares in the company, valued at approximately $520,556.44. The trade was a 21.54 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO John Kachig Kibarian bought 34,356 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was purchased at an average cost of $22.80 per share, for a total transaction of $783,316.80. Following the transaction, the chief executive officer now directly owns 2,507,112 shares of the company’s stock, valued at $57,162,153.60. The trade was a 1.39 % increase in their position. The disclosure for this purchase can be found here. 11.13% of the stock is currently owned by corporate insiders.

Institutional Trading of PDF Solutions

Several hedge funds have recently added to or reduced their stakes in PDFS. KBC Group NV increased its position in PDF Solutions by 91.6% during the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock worth $54,000 after buying an additional 956 shares during the period. Aquatic Capital Management LLC acquired a new stake in PDF Solutions during the fourth quarter worth approximately $136,000. KLP Kapitalforvaltning AS acquired a new stake in shares of PDF Solutions during the 4th quarter worth $160,000. Empowered Funds LLC acquired a new position in PDF Solutions in the fourth quarter valued at about $165,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in PDF Solutions during the fourth quarter worth about $232,000. 79.51% of the stock is owned by institutional investors and hedge funds.

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.