Andrzej Strojwas Sells 3,394 Shares of PDF Solutions (NASDAQ:PDFS) Stock

PDF Solutions, Inc. (NASDAQ:PDFS) CTO Andrzej Strojwas sold 3,394 shares of PDF Solutions stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $44.41, for a total value of $150,727.54. Following the completion of the sale, the chief technology officer directly owned 90,965 shares in the company, valued at $4,039,755.65. This represents a 3.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

PDF Solutions Stock Performance

Shares of PDF Solutions stock opened at $42.05 on Thursday. 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 cap of $1.68 billion, a price-to-earnings ratio of 168.20 and a beta of 1.64. The stock’s 50-day moving average is $51.16 and its 200-day moving average is $45.88. PDF Solutions, Inc. has a one year low of $18.93 and a one year high of $71.68.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. The business had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%. Equities analysts predict that PDF Solutions, Inc. will post 0.77 earnings per share for the current fiscal year.

Institutional Trading of PDF Solutions

Large investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of PDF Solutions in the 2nd quarter valued at about $392,908,000. California State Teachers Retirement System lifted its stake in PDF Solutions by 8,228.3% in the 2nd quarter. California State Teachers Retirement System now owns 2,557,360 shares of the technology company’s stock valued at $181,036,000 after purchasing an additional 2,526,653 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new position in PDF Solutions during the second quarter worth about $93,416,000. Ranger Investment Management L.P. bought a new position in shares of PDF Solutions during the 2nd quarter worth approximately $81,384,000. Finally, Jupiter Topco LLC acquired a new position in shares of PDF Solutions during the 2nd quarter worth approximately $65,677,000. Institutional investors and hedge funds own 79.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $63.00 target price on shares of PDF Solutions in a research report on Friday, August 7th. Sanford C. Bernstein began coverage on shares of PDF Solutions in a research note on Tuesday, August 11th. They set an “outperform” rating and a $65.00 price objective for the company. DA Davidson set a $74.00 price objective on PDF Solutions in a report on Monday, August 17th. Wall Street Zen downgraded PDF Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Wells Fargo & Company initiated coverage on PDF Solutions in a report on Tuesday, August 4th. They set an “equal weight” rating and a $50.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $63.00.

About PDF Solutions

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.