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

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

Analysts Set New Price Targets

A number of analysts have commented on PDFS shares. Rosenblatt Securities reduced their target price on shares of PDF Solutions from $40.00 to $37.00 and set a “buy” rating for the company in a report on Friday, February 14th. Northland Securities restated an “outperform” rating and issued a $45.00 price objective on shares of PDF Solutions in a research note on Tuesday, December 24th. Finally, StockNews.com upgraded PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th.

PDF Solutions Stock Performance

The company has a market cap of $822.18 million, a P/E ratio of 210.20 and a beta of 1.59. The firm’s fifty day moving average is $25.97 and its two-hundred day moving average is $28.71.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Thursday, February 13th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.15). PDF Solutions had a return on equity of 3.94% and a net margin of 2.26%. The company had revenue of $50.09 million during the quarter, compared to analysts’ expectations of $49.40 million. On average, equities research analysts expect that PDF Solutions, Inc. will post 0.32 EPS for the current year.

Insider Buying and Selling at PDF Solutions

In related news, insider Andrzej Strojwas sold 5,030 shares of PDF Solutions stock in a transaction dated 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 directly owns 94,717 shares of the company’s stock, valued at approximately $2,922,019.45. The trade was a 5.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Kachig Kibarian bought 34,356 shares of the company’s stock in a transaction on Monday, February 24th. The shares were acquired at an average price of $22.80 per share, with a total value 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 approximately $57,162,153.60. This trade represents a 1.39 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.13% of the stock is owned by company insiders.

Institutional Trading of PDF Solutions

Several institutional investors and hedge funds have recently made changes to their positions in the business. Needham Investment Management LLC lifted its holdings in PDF Solutions by 3.3% during the 4th quarter. Needham Investment Management LLC now owns 1,817,500 shares of the technology company’s stock valued at $49,218,000 after buying an additional 57,950 shares in the last quarter. State Street Corp increased its position in shares of PDF Solutions by 2.1% during the third quarter. State Street Corp now owns 1,147,622 shares of the technology company’s stock worth $36,357,000 after acquiring an additional 23,148 shares during the period. William Blair Investment Management LLC raised its stake in shares of PDF Solutions by 17.9% during the fourth quarter. William Blair Investment Management LLC now owns 1,063,583 shares of the technology company’s stock valued at $28,802,000 after acquiring an additional 161,306 shares in the last quarter. Emerald Advisers LLC boosted its holdings in shares of PDF Solutions by 3.3% in the fourth quarter. Emerald Advisers LLC now owns 924,345 shares of the technology company’s stock valued at $25,031,000 after purchasing an additional 29,097 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in PDF Solutions by 3.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 910,314 shares of the technology company’s stock worth $24,652,000 after purchasing an additional 34,575 shares in the last quarter. 79.51% of the stock is currently owned by institutional investors.

PDF Solutions Company Profile

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.