PDF Solutions (NASDAQ:PDFS) Shares Down 3.7% – Time to Sell?

PDF Solutions, Inc. (NASDAQ:PDFS)’s stock price was down 3.7% during trading on Friday . The stock traded as low as $20.00 and last traded at $19.73. Approximately 32,037 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 188,009 shares. The stock had previously closed at $20.49.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on PDFS shares. DA Davidson reduced their price objective on PDF Solutions from $36.00 to $24.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Rosenblatt Securities reduced their price objective on PDF Solutions from $37.00 to $31.00 and set a “buy” rating for the company in a research note on Monday, May 5th. Finally, StockNews.com lowered PDF Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday.

PDF Solutions Trading Down 3.9%

The firm has a market cap of $771.04 million, a PE ratio of 197.00 and a beta of 1.47. The stock has a 50 day simple moving average of $19.04 and a 200-day simple moving average of $24.78.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.15). PDF Solutions had a return on equity of 3.94% and a net margin of 2.26%. The business 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.

Insiders Place Their Bets

In other news, CEO John Kachig Kibarian acquired 34,356 shares of PDF Solutions 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 purchase, the chief executive officer now directly owns 2,507,112 shares in the company, valued at $57,162,153.60. The trade was a 1.39% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael B. Gustafson acquired 7,500 shares of PDF Solutions stock in a transaction on Tuesday, May 13th. The stock was purchased at an average cost of $19.45 per share, for a total transaction of $145,875.00. Following the purchase, the director now owns 30,074 shares in the company, valued at approximately $584,939.30. The trade was a 33.22% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 45,856 shares of company stock worth $1,021,432. Corporate insiders own 11.09% of the company’s stock.

Institutional Trading of PDF Solutions

Large investors have recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in shares of PDF Solutions by 124.1% in the 1st quarter. Signaturefd LLC now owns 1,421 shares of the technology company’s stock valued at $27,000 after acquiring an additional 787 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of PDF Solutions by 100.8% in the 1st quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company’s stock valued at $35,000 after acquiring an additional 931 shares during the last quarter. KBC Group NV lifted its holdings in shares of PDF Solutions by 91.6% in the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock valued at $54,000 after acquiring an additional 956 shares during the last quarter. Aquatic Capital Management LLC bought a new position in shares of PDF Solutions in the 4th quarter valued at about $136,000. Finally, KLP Kapitalforvaltning AS bought a new position in shares of PDF Solutions in the 4th quarter valued at about $160,000. 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.