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

PDF Solutions, Inc. (NASDAQ:PDFS) hit a new 52-week low during trading on Friday . The stock traded as low as $27.52 and last traded at $27.59, with a volume of 37724 shares trading hands. The stock had previously closed at $28.76.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Northland Securities reaffirmed an “outperform” rating and issued a $45.00 target price on shares of PDF Solutions in a report on Tuesday. StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $40.00 target price on shares of PDF Solutions in a report on Friday, November 8th.

PDF Solutions Stock Performance

The company has a 50-day moving average of $30.23 and a 200-day moving average of $31.79. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 250.57 and a beta of 1.51.

Insider Activity

In other PDF Solutions news, insider Andrzej Strojwas sold 5,030 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $30.85, for a total value of $155,175.50. Following the completion of the transaction, the insider now directly owns 94,717 shares in the company, valued at approximately $2,922,019.45. The trade was a 5.04 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Nancy Erba sold 2,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $30.81, for a total value of $61,620.00. Following the transaction, the director now directly owns 13,739 shares in the company, valued at approximately $423,298.59. This represents a 12.71 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 11.13% of the company’s stock.

Institutional Investors Weigh In On PDF Solutions

A number of institutional investors have recently bought and sold shares of PDFS. nVerses Capital LLC bought a new stake in shares of PDF Solutions in the 2nd quarter worth about $25,000. Meeder Asset Management Inc. bought a new position in PDF Solutions during the third quarter worth $37,000. GAMMA Investing LLC boosted its holdings in PDF Solutions by 77.3% in the third quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company’s stock worth $54,000 after purchasing an additional 748 shares during the period. Nisa Investment Advisors LLC increased its stake in PDF Solutions by 34.7% during the third quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock valued at $65,000 after purchasing an additional 526 shares during the last quarter. Finally, Quest Partners LLC raised its holdings in shares of PDF Solutions by 20,281.5% during the second quarter. Quest Partners LLC now owns 5,503 shares of the technology company’s stock worth $200,000 after purchasing an additional 5,476 shares during the period. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

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.