PDF Solutions (NASDAQ:PDFS) Hits New 1-Year Low – Time to Sell?

Shares of PDF Solutions, Inc. (NASDAQ:PDFS) reached a new 52-week low on Monday . The stock traded as low as $20.86 and last traded at $20.91, with a volume of 116209 shares trading hands. The stock had previously closed at $21.94.

Analysts Set New Price Targets

PDFS has been the subject of a number of research reports. StockNews.com raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Northland Securities reaffirmed an “outperform” rating and issued a $45.00 price target on shares of PDF Solutions in a research report on Tuesday, December 24th. Finally, Rosenblatt Securities cut their price objective on shares of PDF Solutions from $40.00 to $37.00 and set a “buy” rating on the stock in a report on Friday, February 14th.

PDF Solutions Stock Down 4.2 %

The company’s 50 day simple moving average is $25.97 and its two-hundred day simple moving average is $28.71. The company has a market capitalization of $822.18 million, a price-to-earnings ratio of 210.20 and a beta of 1.59.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data 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 company had revenue of $50.09 million for 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%. Analysts anticipate that PDF Solutions, Inc. will post 0.32 EPS for the current year.

Insider Buying and Selling

In other PDF Solutions news, Director Michael B. Gustafson purchased 4,000 shares of the stock in a transaction on Monday, February 24th. The shares were bought at an average cost of $23.06 per share, with a total value of $92,240.00. Following the completion of the acquisition, the director now owns 22,574 shares in the company, valued at $520,556.44. This trade represents a 21.54 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO John Kachig Kibarian acquired 34,356 shares of PDF Solutions stock in a transaction on Monday, February 24th. The shares were bought at an average price of $22.80 per share, with a total value of $783,316.80. Following the purchase, the chief executive officer now directly owns 2,507,112 shares in the company, valued at approximately $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 company insiders.

Institutional Investors Weigh In On PDF Solutions

Several hedge funds have recently bought and sold shares of PDFS. Meeder Asset Management Inc. acquired a new position in shares of PDF Solutions in the third quarter worth about $37,000. KBC Group NV raised its holdings 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 during the period. Aquatic Capital Management LLC purchased a new position in PDF Solutions during the fourth quarter worth approximately $136,000. KLP Kapitalforvaltning AS acquired a new stake in PDF Solutions in the fourth quarter valued at approximately $160,000. Finally, Empowered Funds LLC purchased a new stake in shares of PDF Solutions in the fourth quarter valued at approximately $165,000. 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.