PDF Solutions (NASDAQ:PDFS) Director Shuo Zhang Sells 1,501 Shares of Stock

PDF Solutions, Inc. (NASDAQ:PDFS) Director Shuo Zhang sold 1,501 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $51.47, for a total transaction of $77,256.47. Following the completion of the transaction, the director directly owned 23,380 shares of the company’s stock, valued at $1,203,368.60. This represents a 6.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

PDF Solutions Price Performance

PDFS stock opened at $51.77 on Thursday. The business’s 50-day moving average is $55.67 and its two-hundred day moving average is $44.34. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.45 and a quick ratio of 3.45. The firm has a market capitalization of $2.07 billion, a P/E ratio of 207.08 and a beta of 1.67. PDF Solutions, Inc. has a 1 year low of $18.56 and a 1 year high of $71.68.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, August 6th. The technology company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The firm had revenue of $61.53 million for the quarter, compared to analysts’ expectations of $61.17 million. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. Analysts anticipate that PDF Solutions, Inc. will post 0.69 earnings per share for the current fiscal year.

Institutional Trading of PDF Solutions

A number of hedge funds have recently added to or reduced their stakes in PDFS. Quantbot Technologies LP acquired a new position in shares of PDF Solutions in the second quarter valued at approximately $33,000. Meeder Asset Management Inc. acquired a new position in PDF Solutions in the 2nd quarter valued at $44,000. Bell Investment Advisors Inc acquired a new position in PDF Solutions in the 2nd quarter valued at $49,000. Hantz Financial Services Inc. raised its position in PDF Solutions by 122.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after buying an additional 615 shares during the last quarter. Finally, State of Wyoming purchased a new position in PDF Solutions during the 2nd quarter worth $125,000. 79.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PDFS has been the topic of several recent analyst reports. Rosenblatt Securities reiterated a “buy” rating and issued a $63.00 price target on shares of PDF Solutions in a research note on Friday, August 7th. Sanford C. Bernstein began coverage on shares of PDF Solutions in a research note on Tuesday. They set an “outperform” rating and a $65.00 price target on the stock. Wells Fargo & Company initiated coverage on shares of PDF Solutions in a research report on Tuesday, August 4th. They issued an “equal weight” rating and a $50.00 price target for the company. Wall Street Zen downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of PDF Solutions in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $58.50.

Key PDF Solutions News

Here are the key news stories impacting PDF Solutions this week:

• Positive Sentiment: Sanford C. Bernstein initiated coverage with an “outperform” rating and a $65 price target, implying approximately 25.6% upside from the referenced share price. The new coverage adds institutional support to the bullish case for PDF Solutions. Sanford C. Bernstein coverage
• Positive Sentiment: Zacks highlighted PDF Solutions as a growth stock that investors should not overlook, citing above-average financial growth and the company’s potential to outperform the broader market. Zacks growth analysis
• Positive Sentiment: Rosenblatt Securities also issued a Buy rating, reinforcing the favorable analyst view of PDF Solutions’ growth prospects. Rosenblatt Buy rating
• Neutral Sentiment: Reported short interest was listed at zero shares, with a zero-day days-to-cover ratio. Because the figures appear inconsistent, they provide little useful information about current bearish positioning.
• Negative Sentiment: A Seeking Alpha analysis warned that PDF Solutions’ recent bounce could fade, raising concerns about momentum and the sustainability of the rally. Seeking Alpha valuation analysis
• Negative Sentiment: GuruFocus characterized PDF Solutions as potentially overvalued after its recent rally. This concern is notable given the company’s elevated price-to-earnings ratio and could make the stock vulnerable to profit-taking. GuruFocus valuation analysis
• Negative Sentiment: Director Shuo Zhang sold 1,501 shares for approximately $77,256, reducing the size of his direct holdings by 6.03%. While the sale does not establish a fundamental problem, insider selling can weigh on sentiment.

PDF Solutions Company Profile

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.